Luke Feeney

We raised 1.25%.

No, no, no.

I mean, fluffy for Ireland.

I'm afraid our VCs aren't as enlightened as yours.

I see.

So it's about like, it's about evaluation by 3.5 of that, or maybe a little bit more than that.

That's pre, yeah.

So not too bad.

Exactly.

So we were happy enough with that, given what we've seen elsewhere in Europe and our valuations.

And back then, valuations weren't quite as heavy as they are now.

Yeah.

And certainly European valuations are a significant discount to US.

So we're focused on software developers, like we are developer tooling.

So we're trying to go bottom up.

We're trying to attract software engineers to use it, to bring it into businesses.

And there's a real range of different sorts of software engineers working in, you know, MarTech, ad tech, working in research, working in a bunch of different areas like that.

But it's very, very much a bottom-up strategy.

And then try and expand it into more seats, expand it into more usage, pay-per-usage models then.

Yeah, it is a big problem.