Nathan Latka
👤 SpeakerAppearances Over Time
Podcast Appearances
Let's surrender.
It's a very direct and it's a very legal question.
If I'm using you and I hire an employee, are they signing an employee contract with Engage as the employee on record or are they signing it with me and you're just helping me manage payroll?
Okay.
So you're not an EO.
You're not an employer of record then?
Okay.
Understood.
Understood.
And talk to me about how you've capitalized the business to date.
Are you bootstrapped or have you raised capital?
So they invested last year?
How much did they invest?
Okay.
And most folks in their pre-seed round are selling, you know, 20% of the company.
Is that kind of what you gave them?
Okay, interesting.
So you valued the business at something like $500,000 a year ago.
Was that the right move?
That makes sense.