Erling Lind
๐ค SpeakerAppearances Over Time
Podcast Appearances
So I guess we have been bootstrapping for 10 years, as I pointed out, and we had a decent growth.
And for us, it's also been a learning journey, of course.
But we were kind of getting to a point where, okay, we think we have something that we can accelerate.
And we...
think this time is now.
So yes, obviously, maybe we should have raised in 21 or something like that.
But when we decided to, to consider racing, we started talking to two potential investors.
And in the end, we got, we got a decent enough valuation that, you know, this makes sense to do.
And we want to use this to go faster now.
It's so it's more
Maybe it was not ideal timing in terms of the market, but it was the right timing for us as a company.
Less than that.
Around that.
Yeah, it's on the lower end of that, but yeah.
I was slightly lower than that.
I guess we were coming at the point where that equity could speed up the growth of the company a lot faster than we could have done by continuing bootstrapping.
But how?
Yeah.
No, I think we have gotten a really good market share in the Nordics where we are based.
But we have offices in the UK and now we started an office in Toronto, Canada to spearhead the North American expansion.