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'the last three months were so difficult and we didn’t know at the end of the month whether we w

The last three months of this startup phase we’re in have been the hardest for us. Money comes in and then we’re immediately going through more that we just received. At one point, we were paying out 40, sometimes even 50,000 Euro per month, and we’re still going through money like this. If revenue doesn’t increase, then you’ll have to go find more money, otherwise you’ll go bankrupt. It’s that simple. We do have a new deal that means we can survive another 12 months, and this gives a bit of security so we can have some breathing room and build our profitability. But the last three months were so difficult and we didn’t know at the end of the month whether we would still be in business. That anxiety is all about the fact that we know we have something that’s awesome and that it will 100% work but that since we’re spending more money than we’re receiving, external financing a necessity. This gives makes things even more stressful because if we had taken it more easily, we wouldn’t have been dependent on a third party. I think the coming months, years even, are going to be like this, until are revenues are much much higher. I mean, when you have this type of revenue, then you can kick back and put your feet up because them you know you company is sustainable into the future.


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