Ardius

“Our target was somewhere close to probably about 10 was what we were thinking about raising ten million.”

“We got offers anywhere at a fifty million, a hundred million. I mean, even one that was above that as well.”

“I mean, again, there was nobody that was literally on our cap table at the time, right? We had a convertible note at best.”

“They were in manufacturing had never thought they would qualify for the life of them. And we were actually able to go back you know, four or five years, right. Because it is a refundable credit. So we went back four or five years and it, Culminated to about, y…”

“We were close. Yeah.”

“We were always profitable from day one.”

“We were at roughly 15.”

“And he was the first M&A deal that Gusto did, which we'll talk about.”

“Right now we're averaging anywhere from 10 to about 30.”

“And so we actually took them to my former big four and they couldn't service us. We were just too small. Some of our companies were pre-revenue and, you know, the, You know, the labor intensity and the bill rates were just too high for the startups to actually…”

“Yeah. For tax savings. Yeah. I mean, we had companies that came to us that were in the three, four million dollar range.”

“They have an accelerator program, so that check size was roughly about 200,000.”