Mark White-Robinson
π€ SpeakerAppearances Over Time
Podcast Appearances
But yeah, it's, um,
It's one of those funny things.
It's actually hard to give some people an opportunity to invest in a company like ours.
At our one, we're doing it a bit different.
We haven't actually produced what's called an IM, which is basically a sales document about where we want to go.
We kind of just opened up with our internal documents, like our internal business plan we're working to as a company, our internal financial models, which kind of drive
where and how we're spending.
So that's how we've done it.
So we've done it a little bit differently.
But what that isn't is what is a formal prospectus under the Financial Market Conduct Act, which is what where you're disclosing certain things to anybody who wants to raise.
So any company on the NZX, for instance, has one of those sitting in the background.
They have to prepare that to actually offer their shares to the public.
Um, it's been both easy and hard.
Like, um, we, we actually tried to raise money first time before we launched, um, under what's called a safe note.
You know what that is?
It's like a, yeah, it's a, um, it's cool.
It's a simple agreement for future equity.
It's basically, um,
an investor would give us money, but we wouldn't give them shares yet.
And you give them shares later when you do like a price round.