Nicholas
👤 SpeakerAppearances Over Time
Podcast Appearances
And they sent me, sent flowers to Alina.
All the courting and all that.
So eventually I said, okay, let's do a deal.
So that deal was June 2020.
It was base 10.
And they offered 15 on 55 pre.
So we're doing around four plus million.
So it was around 12x.
That was the number, 12x run rate.
So we took it.
No secondary, all balance sheet?
So the reason why people say it's 18, because there were three million secondary.
Okay.
But at that price, Alina and I had no interest in selling any of their shares because it was just the very beginning.
And the angel that I had, by the way, I didn't shut down the company when the thing happened with Salesforce.
I took the same company, I renamed it, and I carried my angel with me.
At least it feels good when they make money.
So that's what I did.
So even though we bootstrapped, I had some angels from a previous life of SYNN.
So we do this round, 3 million of secondary, and then we keep growing.