P.V. Kannan
๐ค SpeakerAppearances Over Time
Podcast Appearances
And then we did one round of funding with Sequoia.
You know, it's a good question.
We were actually profitable when we raised the money.
What I think in Silicon Valley especially is whether you like it or not, the type of venture firm you partner with kind of sets up your brand.
Right.
So with a thousand companies, startups around.
And like you said, now it's even more frustrating because there are a thousand companies who are all funded, you know, 100 million, 200 million and 300 million companies.
So when you're competing, it cannot be that you're only competing with salaries and benefits as the only thing.
It has to be great, interesting work and that you belong to a venture community where you're treated special.
It's like having the right producer for a movie.
So we viewed that as edge and talent.
And that's why we have this partnership with Sequoia.
And it's been a great partnership, by the way.
You asked for a typical customer.
So we do have customers who spend 30,000 a month.
$30,000 a year, right?
And the $250,000 we're talking about is per year, right?
Not everyone spends $250,000, right?
So our average is, to do that, it's about $2 million a year.
We missed it because we had a security breach.