Schlegelmilch personally invested seven figures to self-fund Hinged
Ty Schlegelmilch · 734: Ex Finance Dad of 3 Wants to Own Your Home · Jul 28, 2017 · at 10:32
Ty Schlegelmilch reveals the scale of his personal capital commitment to Hinged to host Nathan Latka.
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“It's in the seven figures.”
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“Somewhere on the order of, on an average user basis, somewhere on the order of probably 20 to, 20% plus, 20 to 40% probably.”
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“More.
So the process through the platform and some of these, like for instance, a flooring install may take two to three months.
Got it.
So when you go to the three months of life, life stand for us, you know, it's been,
More than that at this point in time.
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“We're, we've just started actually the discussions on the capital raising side, which are going remarkably well.
some strategic players as well as some very notable finance the VC world.
So yeah,
We'll be doing that over the next few months.”