Prasanna

To help them cross that, uh, kind of an initial.

Just one and a half years ago.

So 2021 is when we wrote our first check.

Before that, we were only an accelerator.

We were only helping folks with actually building the business.

So only once we proved out that we could help folks to build a business without any capital, we said some of the startups need some capital at the early stage because otherwise everybody is working on fumes because they're going, getting some revenue, coming back, spending it, going, getting some revenue, coming back, spending it.

Then we decided to add a layer of capital after we proved that, yes, we can take startups that are at near zero, help them get to scale.

So as an example, one of the startups that came to us,

They were at literally $1,500 MRR, $2,000 MRR.

Today, they're at $60,000 MRR.

And if you talk to them, their website, their copy, their emails, their marketing strategies, their positioning, what features are in the product, what they're selling, the values, all of that was stuff that they worked with us.

So almost all of our startups are selling globally.

They may be headquartered in Delaware or they may be headquartered in India.

But most of them are actually Delaware headquarters with subsidiaries in India.

So most of our investors are actually SaaS founders.

Yep, yep, yep.

We have one large anchor LP called Westbridge.

This is an Angelus Rolling Fund.

So that's the model that we're still on.

Most of them have been strategic acquirers, not too large.