Olin Hyde

And we see that growth continuing for a while.

We bootstrapped it initially until we ran out of money, and then we started raising capital.

We've raised about $2 million to date.

All convertible.

No priced rounds yet.

Yeah, we paid a little bit more in interest, 7%, but pretty much run of the mill.

It's the same convertible note that you get from DLA for 99% of the companies.

There's nothing exotic about our financing.

We kept the cap low.

We kept the cap at $6 million.

Why did you do that?

Because we didn't know what it was worth.

And if our zero day was in September, by the time we got our notes out, we were already in hyper growth.

And I think that it's more important to get the right investors than to get the right price early on.

And we are fortunate.

Our investors have collectively more than $20 billion left.

in exits from 36 companies where they've been seed investors.

And that's not including Tesla, where one of our investors was the general counsel for Tesla.

So we've been fortunate to attract some phenomenal early stage angel investors that have experience with big exits.

And we really are trying to build the company