Pedro Alves

Less than a million dollars.

It was in the six figures because the first check we got was in the first year by summer, probably.

So I want to say let's ballpark it around 500,000.

Yeah, that was the biggest cost.

We had a little few extra costs, you know, cloud costs.

We had conferences that we went to, you know, but the majority of it ended up being with salaries and then a little bit of hiring.

Towards the end of the five months, we started actually growing the team a little bit.

No, I raised capital.

So I started off with a $300,000 check from an accelerator group in Atlanta.

And then after- What'd they take for the 300?

Yeah, it was a percentage-based.

The interesting thing was one of my advisors told me that that initial check was too small to- Basically, you want to get a check that gets you long enough that you can get the next check, right?

And I had a phone conversation with him where I called him and he said, look, I've been thinking about it for one month.

I finally going to give you an opinion.

He hadn't yet.

And he said, I think you shouldn't take it.

You need to wait till you get a bigger check because you're going to run out of money before you get your next investor to put money into you.

And as he finished this whole thing and I said, I actually called you to tell you I just signed the contract and I wanted to celebrate with you on the phone.

And we had a fantastic conversation because it was still super valuable because of that advice, right?

From day one, I knew I was going to run out of money.