Paul Adrian
6 statements across 1 episodes · 1 bullish · 2 bearish · 1 people on the record · first statement Feb 7, 2020 by Paul Adrian · across every show →
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Feb 7, 2020 neutral
Feb 7, 2020 negative
Adrian: Lighter Capital quoted Latakoo a 2x loan repayment cap
“The terms we saw and we actually spoke to them, it would have been more like a hundred percent payback. So it would have been twice what they gave us, we would have to pay back. And others we've seen have been like in the three X category.”
Feb 7, 2020 negative
Adrian: Latakoo burned early millions pushing sales before product was ready
“Raised a couple of million dollars, primarily from Team members, but also from angels primarily, and we ran through that pretty quickly, you know, because of the development cycles and early, you know, trying to push, push, push, maybe before it was ready to s…”
Feb 7, 2020 neutral