Josh Frazier

We closed December 15th of 2017.

Got the check, I think, January, early January.

18.

Interesting.

Did that feel fair at the time?

No, it was an idea, honestly.

But we did have this...

existing business in the background that was doing about three and a half million a year.

And I guess 3 million us at the time.

So I think we just got like a five X on that, but they were buying into both businesses, but I was pitching that a stated was going to be the big one.

And we have a very clear path to get to 10 million ARR.

I think we could get to two and a half, three this year if we keep this up.

So, um, that'll be like 300% growth, which, um,

we'll be in a healthy position.

Yes, for sure.

Honestly, like, you know, when, if we were to go raise a series A, there's a pretty good chance that I would take it off the table instead of taking like cashing out a little bit of my founder stock or something at that raise.

I would probably just be like, I'll just take that business out because one, it's a little bit of a headache for us to do the reporting on to them.

And ultimately they know it's not the end goal for us.

And so we've pitched a stated so hard.

So I absolutely would recommend if you can still raise at the same value though, because your VCs are smart and they're like, oh, you have this cashflow business in the back.