Eugene Johnson
๐ค SpeakerAppearances Over Time
Podcast Appearances
So the hardware itself is, you know, you actually got the number right.
It costs us about 500 bucks to to purchase all the hardware.
We usually make our money back within three or four months.
So we just have to be smart about how we deploy.
Right.
You know, we can't deploy a thousand in a day.
We have been backed by some venture capitalists and we do plan on raising the series pretty soon.
but the process would be that we wouldn't use hardware money.
I mean, we wouldn't use equity money to buy hardware.
We would leverage some leasing deals, which we have some now.
Exactly.
Pretty much.
Yeah, so most of the hardware is off the shelf.
It doesn't look like it because of the way we set it up, but it's mostly off the shelf.
So we have some licensing deals with Apple.
That's what we use for our screens.
And then we have some specialized mounts that were built in China that we get shipped down.
And so we just get a lease in company that can just lease all of that equipment up front.
We buy it, but the way the lease works is that you pay a certain amount per month.
And then at the end of the lease, you get to pay a dollar and you buy off that particular lease or you decide to send it back and get a new one.