The entrepreneurial journey, including building and exiting a business. It highlights strategies for monetizing transactions and achieving successful exits.
The entrepreneurial journey, including building and exiting a business. It highlights strategies for monetizing transactions and achieving successful exits.
Me and my co-founder both put in some some working capital to start and uh we didn't raise any outside capital until we hit a million dollars of of ARR. Um most companies raise a bunch before they even start. Um but we stayed really scrappy uh and just worked our way up financing through revenue and we did a lot of things like asking customers to prepay um you know working on you know positive cash flow cycles things like that. Um, so it was a couple years in and then we raised about $4 million um at the time. Uh, we then went a very long time before we raised any other capital and then eventually did a series B about 27 million or 28 million whatever it was um from a growth equity firm uh before we we ultimately exited. But we ran that company very very leanely over the