Nathan Latka

I did pick that up in your research.

That was the main driver of you doing the deal in the first place was your son.

So we'll pick back up to that.

Before we go back and get sort of the full story.

So $82 million, all cash was the exit price.

And what was revenue at that point in time?

Monthly recurring revenue in time is 12, the ARR.

To be clear, you and your wife owned 100% equity at sale.

This is against conventional wisdom.

Most folks listening say, wait, Nathan, I thought you're supposed to create an employee stock option pool.

And that's the way you get really good talent is you give them equity.

You did the opposite.

Why?

And how many folks were full time when you exited?

So you're at 10, 11, 12 million of revenue, 50 people, $240,000 of revenue per employee.

No employees own stock when you exited, but you made many of the millionaires.

You just told me when you did exit based off sort of your choosing, how many did you make millionaires?

How'd you decide?

Was it just simply who was there the longest or how'd you decide?

All right, let's get the backstory here.