Sebastian Karlsson
๐ค SpeakerAppearances Over Time
Podcast Appearances
We have actually, we have quite long contracts.
Now I think we have an average contract length of around 24 months.
Okay.
But some are longer, actually.
Exactly.
We have actually quite more of a mix where we can pay it back quicker.
But then, of course, then we will have a smaller cap for us to repay them.
Or otherwise, we can spread it out for a continuous range of years.
But then, of course, it will be much, much more expensive for us.
Yeah, I will recommend round two all the time, especially in the early stage because capital or money is really, really expensive then.
So this is a really good way of us to take the first steps together with them.
And we can also, we have also negotiated in our terms that we could, if we want to, continue to borrow on our ARR.
2015.
We were go-to-market ready.
We are seven people and we have two part-times as well.
No, everyone is in Sweden.
We have one guy in Poland, but we are quite a multi-ethnical team though.
We took in, now I just need to do this in dollar, approximately $120,000 we just took in.
And that's just for cover there.
We need more R&D.