Matt Weirich

That's super low.

I mean, uh, 1 million to 4 million in 12 month period.

And then you go raise that only a five, like some, I'm missing something here.

That was actually the high end of the valuations that we were getting in the thick of it, obviously.

So we did that round.

We closed it in October of last year.

And so we weren't at 4.5 yet at that point.

And they were really basing it off of the growth indicators.

And for a lot of

underwriting of those deals, they need to see those historic trends of quarter over quarter growth.

And we had two quarters of insane growth, but it was two quarters of momentum.

And so there was that risk factor that they were trying to take into consideration.

And

We definitely could have wrote it out, waited another couple of quarters for additional proof points, but we found a partner that we believe in with Susquehanna.

Sometimes you make a lot of money by selling too early or selling a chunk of it too early.

So there's nothing wrong with that, but the rationale is helpful.

Guys, there you have it.

Matt Weirich built a real link after he had his own issues back in 2011 moving.

It's a virtual tool that allows folks like brokerages, agencies, multifamily owners to give virtual leasing tours.

They've grown crazy.