Jason Pearsall

And well into 2030s, we'll be getting my ROI on the sale to CSI.

It was a fraction of the deal price.

It was make everybody whole plus some, especially the early stage investors.

And the majority of the consideration would be structured around the long-term earn out of the company.

Yeah.

Ultimately, they gave the investors and a lot of the investors the opportunity to continue to participate in the upside of the earn out or be bought out.

And, you know, a nice ROI on the short term investment they had made in the majority of the investors said, like, we want to, you know, we're going along for the ride.

And so they didn't have to pay a ton, but they had to commit a good chunk of revenue for a long period of time to get the technology.

Um, I was tired and what I mean by tired is not like I wanted to, I didn't want to grind for the company.

Um, I wasn't sleeping because I had staff to pay.

Um, I was running around spending time with investors and not in the operations of my business and the business was doing well and I didn't think we had good processes and I wasn't involved in the, you know,

in solving those problems because I was more worried about going to beg people for checks and playing that game.

And I'd played it for 15 months and I wanted, and I'd built this business to operate and to grow the business, to work in my vertical, to work with golf course operators and solve their problems.

That wasn't what I was doing at all.

And so ultimately, you know, including the VCs, the early VCs that did put in some money, it participated in our angel round.

We're really lucky.

Another story to participate in.

But anyways, like we looked at what the possibility of the earn out was and it was, it is very significant.

And ultimately, you know, the numbers made sense to us.

And, you know, we just thought this was the best path.