Maeve Kneafsey
👤 SpeakerAppearances Over Time
Podcast Appearances
And of course that's going to happen everywhere.
It's just starting in Europe.
I think it's going to happen everywhere.
This year.
And we have put in about 200,000 so far.
We got some early angel investments originally.
Mainly developers, but actually we did something which is painful, but very worthwhile doing at the beginning.
We decided to really learn about the market because both of us have done products before.
And if you go out, you know, with something that doesn't have a good match, not a perfect match, but a good match, you're just not going to get anywhere.
So we did a lot of work of researching with SaaS companies in Silicon Valley in particular to start with.
And then, so obviously we spent money on that and then the product.
Oh, we are aiming for five.
I think in reality, we're going to get pushed down to 3.5.
Pardon me?
Pre-money.
Okay.
Pre-money.
Okay.
So this is what it sounds like.
Firstly, when we've got our first investment, we are valuing the company at 1.6 million.