Travis Tillotson

Does this mean that we're going to be, you know, our goal now is to get to 300 million.

Let's just assume the 10X rule.

So are we going to need three more financing rounds to get there?

Are we going to be able to do it with this financing round?

Ideally, you know, I think you can build very strong, healthy software businesses without requiring capital once you get over that real hurdle and you get to that like magic mark from that 10 million to 50 million.

which we were not able to achieve, 10 million to 50 million ARR.

And that really is kind of the goal is sharing that, getting a sticky market and make sure you have true product market fit and reducing churn.

Standard talk point.

couple years ago so it's been basically two years two okay okay got it so november november 19 like the office staff went to the acquirer's office in november of 2019 so then that's transitionary period and you know from there it was in their hands where it's kind of like take a step back and see how it goes and and what was the exit price

That's something I can't really share because we still have components that are moving in place.

So we did have a fixed number, but depending on how that fares out over this period of time, I'll let it speak to upon completion.

Precisely.

And COVID was an interesting little hiccup that was not anticipated necessarily.

If it was a down round and we exited, I mean, basically with all the factors in play, you know, since we, given the amount of capital that we raised, it was the best decision for the company at the time, best decision for all the shareholders, unanimous board consent to move forward what we had.

And that was the best opportunity for us.

It wasn't the headline exit that we necessarily, you know, wanted and or anticipated, but it was what we, you know, what we did.

So it's something that I kind of,

I think it's a lessons learned story from the perspective of exciting, rapid growth, but certainly want to make sure that

and how I do things moving forward is done in a way that takes those lessons learned.

So getting to an exit, working with the right investment bank, making sure that everything is done properly on the roadshow.