Seymour Arasalov
👤 SpeakerAppearances Over Time
Podcast Appearances
So that's great.
Anyway.
We appreciate that.
We appreciate your hard work.
You bet, you bet.
Tell me about how you funded the business.
Are you bootstrapped or did you raise?
So in the beginning, we started in 2018.
We started in Baku, Azerbaijan.
It's a small country, 10 million people.
And being a post-Soviet country, people, investors and companies do not believe in something that they don't see or they cannot touch.
And software as a service was something new to them.
So when we went to companies and banks and travel agents in 2018, they were like, this is strange to me.
Instead of paying...
200 to you.
I will hire someone who will do the job for me.
So the mindset was different.
So in 2019, we decided to take the company to the US.
We got incorporated in the US as a C Corp delivery.
And then we got our first accelerator program and startup ventures in New York.