Nathan Latka

That was at about $6 million.

Interesting.

And the round you're raising right now, what are you targeting?

How do you justify an $80 million valuation with a company that just did a million dollars?

It's an ADX multiple and a time when most people believe we're going into a recession.

Oh, yeah.

forward look forward look i mean you're there are two massive assumptions there you can actually launch a new product and pivot you can sell three million of it over the next 12 months and then oh by the way you want credit for that future you know success today in terms of an 80 million 60 million valuation um do you have someone that's already said yeah we'll put up 500k of the million dollar round here's a term sheet a real term sheet yeah yeah yeah yeah so you have a word doc in your inbox from a real venture capitalist that says we will buy the business at 60 or 80 million and we will put up the first 500k

How do you measure top line now?

I mean, if you do 20,000 one time this month, does that count as ongoing top line or that's just one time?

How do you know what top line even is?

I see.

And how many customers do you have paying today the recurring fee, the $8,000 a month?

About six.

Six or so.

Okay, very cool.

Well, great story here, Karan.

We're certainly rooting for you.

In the meantime, though, let's wrap up here with the famous five.

Number one, what's your favorite book?

What's my favorite book?