Steve Tuck
👤 Speaker
958
total appearances
Appearances Over Time
Podcast Appearances
Oxide and Friends
Oxide's $200M Series C
But the valuation would be... At the original number.
Oxide and Friends
Oxide's $200M Series C
And you and I had already done the calculus of like, well, the valuation, that would be non-ruinous dilution.
Oxide and Friends
Oxide's $200M Series C
It would be, the company would be
Oxide and Friends
Oxide's $200M Series C
Yeah, it would not be, but it would also, you and I have always said, from the very beginning, the biggest risk that we have is capital risk.
Oxide and Friends
Oxide's $200M Series C
Something that VCs never wanted to hear, by the way.
Oxide and Friends
Oxide's $200M Series C
They're like, yeah, yeah, other risks.
Oxide and Friends
Oxide's $200M Series C
No, no, no, this is an important one, VCs.
Oxide and Friends
Oxide's $200M Series C
And it's like, we actually did have a VC who was like, I'm just very concerned about the capital risk.