“And we decided to go for it. And we ended up in a very difficult financing, raising $55 million dollars in ah and a strong fall on financing. and And then using that capital, the $90 million dollars roughly total, to really hunker down and build what ended ended up being a ah quite valuable business that Sallie Mae eventually acquired for $300 million. dollars um But we we went through some tough times. We had a bunch of layoffs. We had to reconfigure the strategy. We brought in new team members, including a new CEO. to ah My co-founder had stepped aside and um we brought in an outside CEO that caused additional changes, cultural changes.”