Jared Fuller
👤 SpeakerAppearances Over Time
Podcast Appearances
Oh, no, no.
So that's private, right?
So that's between PandaDoc and the bank.
Exactly.
Right.
So it's a risk both ways.
Right.
And markets are going to dictate where that interest rate needs to be.
And then, of course, the attractiveness of the deal.
Right.
Like how risky is it?
Well, revenue is bad or churns bad or, you know, your finances are up and down every month.
If there's no predictability on the bank side, then they're going to want to hedge their bet.
And, you know, as a result, charge more interest.
Right, so you don't have to start paying that for a while, A. B, you want run rates.
So you have to think about this very strategically.
A lot of people raise money a lot more short-sighted than they should.
Here's what I mean by that.
We're thinking about Pandadoc very strategically.
Where do we want to be to actually bring in either an acquisition partner or a big Series B?