Jessica Rovello
๐ค SpeakerAppearances Over Time
Podcast Appearances
And so we were able to take investment on pretty good terms.
We took a minority stake in the business.
We sold less than 20%.
5 million.
Yeah, it was somewhere in that range.
And I mean, I think the other important thing is that outside of the cycle that the industry was going through was just kind of what we were thinking and feeling as entrepreneurs.
And I say this because it kind of influences a lot of my thinking now and a lot of what I believe in as an entrepreneur now.
And that was kind of that.
I always had this little monkey on my back that if we didn't raise, we wouldn't be a serious business.
We wouldn't be a
a large business.
We wouldn't be a player.
I think when you're an entrepreneur and you're in tech, you see a lot of unicorns around you and they get a lot of ink and a lot of people talk about these high growth, ridiculously scaling businesses.
I think it's very easy to compare yourselves to what you see in the market and
the truth of the matter is it's like, you don't always know what's going on inside a business.
And people don't write about the 99% that, that aren't necessarily having that success.
And that success from what I found is very, um, can be very shallow and it can be very fleeting.
Topline revenue does not equal a healthy, profitable, thriving, sustainable business.
Yes, we were profitable.
Yeah.