Nathan Latka

Was it like 40, 50% of the deal price or what's that look like?

Okay, so if I'm reading between lines, again, you can only say so much, so I'm trying to be respectful of what you can and can't share, but you're doing about half a million of ARR in 2019.

You've raised 600K up to that point.

CSI was a great home for you because they had old software.

You were the new sexy, shiny object.

You had what they wanted.

Smallest deal they've done, but again, you had the tech, plus they wanted you.

You know, they did enough upfront cash to effectively make the 600K you'd already raised whole, but then incentivize you to stick around long-term to grow this thing, which you have.

It's grown from half a million to nine million in revenue over the past five years.

Is all that about accurate?

And what were you thinking in 2019?

I mean, you had good momentum on the series, a 2.1 and committed checks.

You ultimately took a deal, which look, I don't know what it was, but you know, CSI rarely pays above one, two X on a deal.

Maybe obviously if you stay for 10 years, you can get the extra juice, but it wasn't a flashy multiple that you sold for.

So why exit?

Why not stay, stay yourself and, you know, keep building.

Yeah, Constellation, guys, is a publicly traded company.

So you can go look at their earnings calls to see the numbers.

But it's incredible.

I'm going off memory here, but I'm pretty sure they spit off a billion dollars of free cash flow last year.