Answered produced feed
D 5 · C 4 · P 4 · Cm 4 4.30
Q And you recently, I mean, one of the reasons I want to reach out to you is you have an amazing product from the looks of it, but I think you also recently raised capital. Is that accurate?
A We just got, uh, we, we actually negotiated pretty hard with the bank to get a line of credit with them. Um, but a lot of it, we, we have a family and friends around that we've already done. And then, um, my partner, John and I have self-funded part of it with, um, you know, as I, as you said earlier, we sold our first company. So we've been able to get this company off the ground and hardware is different than software. Um, you know, it's, it's, it's more expensive. You can't, you know, uh, test and, and build and test and build. The software, the same way that you do with hardware , it's just more expensive. So you have to be much more careful with it.
AI assessment note: “we actually negotiated pretty hard with the bank to get a line of credit”
Partly produced feed
D 3 · C 5 · P 4 · Cm 4 4.00
Q That's California lingo. All right. Tell us about Scholar. What's the product doing and what's your business model? How do you generate revenue?
A Oh, Scholar is a smart collar that is an open platform. It's modular, which means it's expandable, and it can grow and change along with the needs of the pet, and there are several differentiating factors that we put into Scholar. Um, one is that we put a swappable rechargeable battery so that the pet owner would always have, um, a battery ready and waiting, and we have a little charging base that goes along with the collar. So there's two batteries. So you just pop one out, pop the fresh one in. Another one is that it has a tappable display screen so that the information that the pet parent needs is on the pet. So any notifications about feeding or, um, last flea and tick, when the last medication was administered, also where the pet is, let's say if the pet gets lost, um, the information, um, about how to help the pet get home shows up on the caller. Um, also this particular collar, the Scholar Mini, our first product, is, uh, designed exclusively for the underserved cat and small dog market. Um, so, and, and then the, we're just coming out of stealth with our beta prototype, and we're here at CES with it.
AI assessment note: “Scholar is a smart collar that is an open platform. It's modular”
