Oden Technologies

“I used to always say that we are trying to add science to it, but I've come to the realization that it's way more effective to say that we want to make it easier to become artists for these operators, because they are really amazing, and they've got so much do…”

“The total round is 28 and a half million. But that includes part debt facility, a little bit of convertible note but the biggest portion is newly issued equity.”

“Out of those 16,000 factories, about 60% of them are SMBs. And so the ones we're targeting fit into the, like, 40% category, because the majority of factories in the US as a whole are mom and pop small, small businesses.”

“From summer of 2022 until we closed the round early in Q one, we had well over three X growth while, you know, having burn rate to the point where it was going to go away completely increased margin and essentially not adding to the team.”

“And if we can make it efficiently, we can make it close to where it should be consumed and we shouldn't just be shipping it off to wherever it's cheapest in the world.”

“And then we went to a trade show in Germany and I'm probably going to make a lot of Germans angry now, but that's fine. But this was in like, 2014, 15. And we told them, you know, them what we're going to do. And they just shook their head and said, like, you'…”

“When they're so production constrained that all they need to do is make as much as possible. They don't have time to take meetings. They don't have time to do deployments and they know that it's cyclical themselves. So in downturns, they try to like, okay, wel…”