Patrick Bosworth

And that depends on the number of rooms.

Number of rooms and the product that they're buying.

We founded it in February of 2012.

We certainly had the tough conversation.

So, you know, Marco and I...

We're working on this business.

We hadn't founded it yet.

We hadn't created the actual entity.

But Marco and I have been working on it for about a year.

And we met Craig Weissman, I think we met him the beginning of September of 2011.

And it took about five months to court him.

And his last two companies that IPO'd, but he'd never been a founder of a business.

He was the CTO of Salesforce for, he was there for about nine years and was the CTO for the last three years that he was there.

And, um, when we were Marco and I were in Vegas at the time and we were trying to raise money there, um, we were getting valuations more in the, you know, one to 2 million range.

Um, and the day that Craig joined the valuations jumped up to the $10 million range.

Did you tell him that?

He knew his market value, and he was a party to those discussions.

So there was no information asymmetry there, nor would I have wanted there to be one.

And so we had already been having some conversations about the equity split.

But those conversations came to a head pretty quickly.