Gleb Budman
👤 SpeakerAppearances Over Time
Podcast Appearances
What's revenue?
You didn't have any revenue?
No revenue, no customers.
Unbelievable.
Hadn't launched yet.
So built a good team, built some good products and bought for a large chunk of change.
Now, the problem was that Excited Home, even though they were a public company, ended up going out of business.
Most of us had shares in Excited Home.
Yeah.
I see.
So, you know, some people made money off it.
Some people made nothing off it.
But that was the first company.
Then we did another company called Mail Frontier, which was an email security company, which was, again, it was a traditional venture fund company, went through four rounds of funding.
How much total raised?
23 and a half.
And so that company was acquired in 2006.
We worked at the acquired company for about a year, and then the five of us decided to start Backblaze.
And we did this one differently.
Hold on, before we get into Backblaze, what was the sale price in 06?