Paul Powers
๐ค SpeakerAppearances Over Time
Podcast Appearances
The small companies, they can kind of turn around and say, Hey, let's do this.
So we, so in exchange, we kind of cut them a little bit of slack.
And some of them who started off really early, they got a little bit of a deal.
I mean, to pay a little bit less, but now things are starting to normalize.
No, no, we're definitely burning capital.
Well, since what's so new, the actual sales side of our business, we have luckily, knock on wood, not lost any customers.
No, I think it's really hard to make any, I mean, I could guess at a lot of things, but I don't feel like it's really helpful.
We've looked at it.
You know, we've kind of, this is a great debate.
We've been going back and forth on this the entire time.
Do we do it now or do we keep on going with equity?
You know, with the people being high net worth individuals who are investing, we've kind of chosen to kind of keep it simple and equity just seemed to be the simplest option.
It's a straight up common stock.
Yeah, I know.
It's a trade off.
It's got, you know, they're pro
ended up being the way that we ended up going where is there is there a point in time where you feel like it would make good sense for you to use venture debt or what do you not like about it yeah i think what we're going to do is uh probably look at doing that for the next round so we've finished up everything that we would consider seed this two million and then now we're looking probably doing a larger raise around may um that'll be more of a series a type race and for that we are considering doing a
That's a great question.
I actually would say that one of my favorite books is The Happiness Advantage.
I think it's a great book to read, yeah.