Jiobit

“We raised 4.6 million already to really develop all the technology.”

“For me they're a venture capitalist. I'm an angel investor, so the valuation puts me out right away. I think for you, a great return on this is if you close this round, you show some use cases, Motorola or Google or whoever comes along and buys you for eighty …”

“People that we did open up just kind of a soft launch without really doing any marketing. And those pre-order people started hitting us up and they started buying it for pets.”

“We use machine learning to employ different types of routes and behaviors and routines. So like a Nest thermostat, you don't really set it up. It just kind of learns what you do with it. Same here.”

“I would argue that your progressive beaconing technology is actually way more powerful in like, you know, any other vertical besides the one that you've chosen.”

“Through this technology breakthrough, we can last up to 30 times longer than the best products in the market today.”

“So if you're raising 700 K on a fifteen million dollar valuation, it's just not going to get us the, you know, the VC ownership that we need to move the needle. And so, so despite What I said about you being an absolutely compelling founder just for those reas…”

“Almost all of our successful portfolio companies have started with a really deep founder pain point, a really personal founder pain point. And that doesn't guarantee success, but I think it's kind of a necessary condition, right?”

“Well, the thought was, if we go solve this market parents are really particular. They're very concerned about security. You're building something incredibly small for small children, so it's gonna be small, lightweight. It's gonna last forever, because no one …”

“We sold about 75,000 worth of inventory with monthly reoccurring of like eight grand.”

“It really has all the same tech that's in your smartphone, but in something the size of about a quarter. So every radio that's in your smartphone, Bluetooth, Wi-Fi, cellular, GPS, all in our custom systems architecture.”

“Our post money is 13.”