Guru Bhattacharya
๐ค SpeakerAppearances Over Time
Podcast Appearances
And then we have a couple of people in sales and marketing, three people in sales and marketing.
We did.
We actually got a Series A with Sapphire Ventures.
So they led our Series A in 2022, and we raised $16 million in Series A. And we haven't used a lot of that money.
We still have that cash, and we just want to find deep product market fit before we start expanding the team, growing the team, and adding to it.
So we're focused on building a great product first that has good unit economics, and then we want to go to market with it.
Yeah, it was 48 pre, so 64 post.
Yeah, they were really nice.
You know, this was like the first big round that we had ever done and I'm not a good fundraiser.
So we asked them what's fair and what's market and they were like, this looks good.
We were like, great, let's do it.
So we didn't go through negotiations or I'm not,
I wasn't a good founder where I was like, no, we should be $100 million.
But I feel we did the right thing because there's a lot of CEOs that I listened to that raised that really high valuation, $100, $200, $300, $400, $500 million in early, early days.
And it's really hard now, right, with the markets where they are.
It's really hard to live up to those valuations.
So we were lucky that we got a fair number.
It's still high.
from where we were and where we are, but I feel we can catch up to it and get to the next stage.
We did 25% back then, and then we did close to 28% in the next round.