Joey Gilkey
👤 SpeakerAppearances Over Time
Podcast Appearances
It was a $13 million acquisition.
We put $7 million up front.
We went growth equity.
So we raised $27 million, 10 of which is primary.
So that's for growth, a little bit more than 10.
$7 million went towards the acquiring Frontspin.
$6 million of that from Frontspin CEO got rolled in.
And then $10 million went in our pocket as secondary cash.
Yeah.
Yeah, I mean, it certainly adds some padding.
I mean, I've done well in my career, but I did bet my net worth on this.
So I'm basically just replenishing a lot of capital at this point.
But yeah, it helped.
Just under $100 million, $90 million, $92 million.
Um, but since then we've grown, we've added, we've added about a million to in the past month since the acquisition finished.
So we're well over a hundred.
And so I wanted to give them a piece, put them on the cap table.
Obviously, it's earned.
And so I had a lot of criteria.
I wanted control.