Santiago Bibiloni

When did you launch the company?

launched the product like three years and a half ago uh here in sf in in san francisco and after going through 500 startups program here we i mean we the co-founders are argentinian so i moved to the valley like to to launch the company we we

We made a company before that we exited most of it like five years ago.

And we felt the problem firsthand.

So the three co-founders, we know each other from like for long.

Jose, who is my co-founder and CFO, COO, he has been also a partner on the previous company I started.

So yeah, we've been 10, although we are young, like 31 years old, we've been 10 years working together.

And Santi, did you guys just split equity down the middle, 30, 30, 30?

We didn't.

We didn't because we had different positions on taking risks at the very beginning.

So we compensated equity with risk.

Yeah.

I see.

Did any of the co-founders put in capital to get the business going?

Yeah, two of us, Jose and I invested some of our capital just to develop the MVP.

Yeah.

So let's build up to your current Series A, but let's go back and start the MVP.

How much did you guys spend of your own money to build the MVP?

It was not too much.

I mean, like 10K to just get a minimum MVP, a minimum buy all product, get it up and running.