The Ledger
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Walker sold secondary Astronomer shares during Series B and C rounds
“I was offered a chance to sell my shares in secondary at our Series B, Series C rounds. You know, that was, this was the Zerp era, and I said yes.”
Astronomer Charges $6K/Month for Cloud and $10K/Month for Private Instances
“We basically offer access to our team. And our technology for one flat price, you know six grand a month if you want it to run on in our shared cloud, or 10 grand a month if you want us to put up a private instance of the platform so that your data, so that yo…”
Astronomer Raised $1.1M on Convertible Notes Across Four Separate Rounds
“1.1 million. Priced. Yeah, yeah. No, no, it was a convertible note. So we've actually done like four rounds of notes, which is something shocking to me.”
Walker: Astronomer Did Not Spend on Paid Acquisition Before 2017
“We actually just started here in, in 2017 to spend any money on customer acquisition.
everything's been referral and outbound up till now.”
Walker: Astronomer Burns $200K Gross and $150K Net Monthly
“I think our burn, our net, our gross burns around 200 K. So we're burning net one 50 right now.”
Walker: Astronomer Is Raising a $3M to $5M Post-Seed Round
“We're doing like a three to five million dollar round that is not a seed extension around. It's a, it's an up round. It's a, it's more money than we raised initially. And it's essentially the old a, you know, you'll raise three million. Three to five.”