Justin Fischer
๐ค SpeakerAppearances Over Time
Podcast Appearances
So we did it like, you know, like a two seed round, like a seed one, two.
Yeah.
So the first one was basically your typical safe, right?
With the cap.
And then the second one was a price round.
Yeah, we did that straight out of the gate.
That was like, you know, we just came out, we had a great team deck.
You know, it's the typical, like, what's the formula look like?
Yeah, well, about 5 million in valuation.
And, you know, you figure out a discount for everybody, get everybody involved.
A bunch of my early investors were Experian and bankers and lots of great people.
So, you know, it was a lot, you know, the first day of enthusiasm as you get going, right?
I also invested as well.
Yeah, that's, that's all in.
And then I'll be in the next round as well, too.
Like I'm, I'm, I'm, I'm parring in there throwing in each round.
Yeah.
No, look, I mean, I think, you know, the challenging thing is I have all my existing contacts and they knew where we were.
But I think the biggest problem with new companies taking on new round of capital was that, you know, in the first parts of COVID, all the way to the mid, you know, VCs were looking at, you know, stabilizing their existing portfolio.
Right.