Kurt Averall

That said, the growth trajectory to date hasn't been impacted.

We're continuing to grow.

And what I would characterize as kind of the top, you know, 1% of startups.

And the company operates, you know, we're pretty tight-lipped about like absolute numbers, but I can tell you we operate pretty close to a break-even.

Like we've not burned hardly any cash.

Most of the cash that we put on the balance sheet is to buy inventory.

And so, and so, yeah, I think like you could see a three, four, five X growth over the next 12 months, you know, based on, on what we know of the market over the last 12.

So it's a combination of the equity dollars that we've raised from the venture side.

And then we also layer in a debt, some debt on top of that, that gives us kind of the purchasing power.

You know, the one thing I'd mentioned that you, that you brought up was the interest rate.

So typically when you think of like a one eighth ownership in a home, you're not thinking like, Oh, you know, that's something that can be financed, right?

That in fact, historically that way, that's not a product that would have been a financeable, but yeah,

Um, that's actually not the case with these shares.

Like these shares, um, can be financed.

Um, we have a partnership with a bank that finances these shares at a low interest rate.

In fact, in the Newport beach homes, um, the interest rate is 4%.

So it's actually less expensive than a, than a traditional mortgage in, in kind of the current environment, which is, uh, which is amazing.

Yeah.

So we closed a seed and an A, which we kind of announced together at a $17.4 million financing.

The A was led by Peter Thiel.