Nathan Latka

What I mean by that is when you did the 27 million round at what is called a hundred million post money, uh,

and you're doing $7 million of ARR, that's about a 14.3X multiple.

At the same time, you use that money to go buy frontspin, which was $2 million of revenue, right, for call it, I think you said $7 million, right?

Is that right?

$4X.

$13.

Oh, $13.

Okay, still.

You're still on the money.

Guys up in, you know, founder path, my main gig, it looked very supportive of Joey's deal.

I'll just put it that way.

So update you'd also, I guess, Joey say good things about updata.

Whenever you're ready, though, I will convince Trey and eventually you to take a $5 million term loan from FounderPath with a four-year IO period and an all-in interest rate in the 12% to 14% range.

No warrants, no PGs, no nothing.

No, I think it's extremely relevant though.

I mean, you just give a perfect example.

When someone comes to me and says, Nathan, you should invest in the company.

We have proprietary data.

If they can't give me an exact answer, like you just gave, I say, guys, like the foundation monster are just going to scrape this and anyone can get this easily.

What's your IP?