Steven Nelmans
๐ค SpeakerAppearances Over Time
Podcast Appearances
That was 350K.
No, not at all.
Not at all.
The thing is, I love bootstrap companies.
I've done bootstrap companies as well.
And it's cool because you're in full control and stuff like that.
But in all honesty, for our market, we just need to speak.
And if we were to do everything on margins, gross margins and stuff like that, and expanding the team based on our cash flow, then we would not be fast enough.
So we are going to prepare our next funding round as well, because all of our competitors are doing it as well.
But it'll
Also, because we know that we can actually, we're not fundraising for the sake of fundraising, but we're fundraising because we know that if we can invest X in people, anything you can think of that utilizes growth, that we can go much faster.
No, we did it on a 6 million pre-money valuation.
Okay, got it.
We're thinking about two million, like one and a half, two million, something like that.
It depends a bit on the funding climate as well, because I hear a lot of horror stories about investors not wanting to invest anymore.
So it depends a bit on how that is and what they think of our traction so far.
I think we're doing pretty well in comparison to our competitors because they have a hard time getting off the ground, also because it's so crowded.
So you actually need to have a competitive edge there to actually start growing.
And we found that, and that's what we're doubling down upon right now.
That's also very dependent on the market.