Jay Ackerman
👤 SpeakerAppearances Over Time
Podcast Appearances
Oh, less than that.
Um, you know, that's close.
So we're, um, uh, it's a good question.
Um, you know, I think the, uh, the 2%, um,
the 20%, you know, haircut for me or for members of my team, I think we're willing to do that with the investor set we're bringing on who, uh, we're bringing on a key investor that knows our space extremely well.
Um, and I think can play a significant role in how we scale.
Uh, and then on the, you know, the topic of venture debt, um, we are, um, we do have venture debt.
Um, we have, uh,
a term loan and we're also, we will have an AR line going forward to support the cashflow needs of the business.
We are current SVB bankers.
Yeah.
So we have a term.
Sorry.
We have a term loan with them.
And with our cap raise process, we're also evaluating some other options beyond SVB.
But currently we have a term loan with SVB.
Yeah.
Yeah.
Right in that line.
We are finding, yes, we're finding cheaper capital.