Felix Van De Maele

So any kind of shareholder-related is just shareholders, which now includes the venture capitalists and so forth.

Anything that's company decision management-related is just management.

And there's...

As a shareholder, as a founder, I don't have any additional rights as a manager.

I only have more obligations, if you will, because I'm a founder.

Yeah, that's not really public, but it's in a typical range.

I think that's so hard to say.

It depends where you are in the trajectory, how much you need it, how much you're raising.

I wouldn't know...

I mean, market averages, honestly.

I think actually the Series B was a big round for us because we were profitable at the time, didn't have to do anything.

And so for us, we were really at a crossroads with the founders and shareholders decision, okay, what do we want to do?

And we really believe that we can build a category defining company.

We were the first in our market.

It's a huge opportunity.

It doesn't really, you don't have that chance that often.

So that's when we said, let's go for it.

And so the Series B, I think that was kind of a big decision for us.

And now we've been on the trajectory to get to 100 million recurring revenue as quickly as possible.

And kind of the Series C lies in that path.