Frank Ricotta
๐ค SpeakerAppearances Over Time
Podcast Appearances
You have to be really smart about where you're putting the money.
Yeah, we can hang under that 75 if we need to, but we push it a little more.
Obviously, we've got to invest in some of the growth areas.
Just in the early stages of getting ready to launch our Series A raise.
As you know, we're part of 500 Startups.
No, no, that's second.
Yeah, you know, I think valuations for business like ours are going to start changing a bit.
Well, in some respects, you know, given the fact that we started with blockchain as part of our foundation, I'm looking at some of the valuation models that people are projecting, and it's really about how many folks you got connected to the platform.
Not unlike some of the network-based businesses.
So that's really how we'll base that valuation as one key component, as well as what the revenue outlook looks like on that per connection basis.
I actually think that's going to be on the low end based on the contracts we have in process.
I think we're going to be somewhere north of 15, hopefully pushing closer to 20, given what the backlog looks like for next year.
Yeah, absolutely.
Well, now I know that's pushing it, but what the heck you got to, you have to push.
Actually, we're mostly based in Colorado.
Oh, very good.
Which part?
Oh, yeah.
Denver's an awesome, very vibrant city.
It's got a great digital health community, particularly with the collaborative, Prime Health Collaborative, and this new industry integrator called Catalyst HTI.