Victor Szczerba
๐ค SpeakerAppearances Over Time
Podcast Appearances
It's going to happen this month.
It's getting there.
It's getting there.
We're, we're, we're, we're much less of a monthly model as opposed to, you know, we do chunks in big chunks in big, in bigger chunks.
So we launched a company like three or four years ago.
We've been in deep, deep development mode for the first, I don't know, two and a half, three years.
Then we started really going out after customers last year.
We raised capital.
We raised capital for R&D, but we've been really, really lean.
I mean, we've taken in $1.5 million, and that's been keeping us going for quite a while.
What we did is we did it on a convertible note.
We just felt that it wasn't good for the employees and good for the investors if we kind of priced it too early.
It was just kind of insane, right?
Very typical for the time that we did it.
It was 4% interest and 10% discount with actually a teaser, right?
So 30% discount if you came in in the first 30 days of fundraising, then 20% in the second day, and then 10% after that.
So what we did is we use consultants a lot.
We had three core people and the rest we kind of like bits and pieces.
We kind of filled in with consultants with very specific skill sets like security and cloud infrastructure, etc.
So if...