Nathan Latka
👤 SpeakerAppearances Over Time
Podcast Appearances
Okay.
That makes sense.
Okay.
So that's how you're paying folks.
Two co-founders at the beginning, right?
This is the hardest, the most dilutive moment in any company's history.
It's your co-founder equity, right?
How'd you guys decide who gets what?
You just split it 50-50 or what?
So employee stock option pool or ESOP 10%, CTO 30%, and you own 60% because you took the initial risk.
Yeah, it makes sense.
You know, look, putting your own money in of your own baby is eating your own dog food.
That's how you have to do it.
Help me understand though, how painful was that?
I mean, are we talking like a 5k check or like a 500k check?
Talk to me about that beautiful moment where you go from a bunch of free beta users to your first paying customer.
A big decision you have to make there is price.
What are you planning to charge?
And how much, obviously, the more time you have to figure this out, the better.
So how much are you burning today on a monthly basis?