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We're really excited. This is the

kind of buy-In that we needed.

Hey.

Thank you.

- Sure. - You look really good now.

- Shut up.

- Irresistible even.

- Shut up.

Good morning.

How are you? - Good. How are you?

- Is bob around?

- Yes, he is. And your name?

Kaleil Isaza Tuzman.

Want a card?

- Tom?

- Yeah?

This world we're about

to enter is like...

I get a real kick

out of this stuff,

So I'm gonna be a bit

of a... - No problem.

Hard ass.

As much as you'd rather be

back in the office,

I'm realizing that I would much

rather for you to be here. - Done.

- Is that okay?

- Yeah.

This is Kaleil Isaza Tuzman

from Govworks. Com.

I need to speak to Isaac.

He's not in

the office at the moment.

Can I take a message?

Or would you like his voice

mail? - Let me ask your advice.

It's an urgent call. We're at

highland capital in Boston.

They've just put a term sheet

on the table. - Uh-Huh.

- And Isaac is our counsel.

- Right.

And we have, basically,

about an hour window...

to sign or not sign this thing.

We're about to transact definitely

the biggest transaction of my life.

And it's a pretty big number.

They're offering to put in a $17

million investment in the company.

- You can understand my, uh...

- Yeah.

We're basically negotiating

the sale of our baby here, so...

I'm sure glad

you didn't go back.

This would suck

to be here alone, huh? - Yeah.

I'm glad you got

a good night's sleep too. - Yeah.

Not as much as I would

like to have. - No.

Where the hell is our f***ing

lawyer?

It's embarrassing the hell

out of us

That we

don't have legal representation.

I mean, really.

It really doesn't make sense.

And we need to get

eyes on the term sheet...

and we need feedback now!

- Let's just...

- Let's dump them.

- After they did this, yeah.

- Absolutely.

I mean, it's ridiculous.

It's ridiculous.

Tom, I think my computer

just blew up,

And I did this whole spreadsheet.

What happened?

Has your screen...

The screen... Little things

started appearing on the screen...

and breaking up

different applications.

And then I did a shutdown.

Isaac speaking.

- Hi, Isaac. How are you?

- Good. How are you?

I'm okay.

You have us in the lurch here.

I apologize, guys,

But I've been out of the office,

and I'm still at the printer.

Been here for

the last four days.

We've done our diligence

on these guys, and they have...

They're the only V.C.

At this point.

I've visited probably 12

of the top 15 V.C. S in the country.

They're the only ones that

everyone likes. We want to do this.

The question is... Do you think

we're getting screwed?

These guys are talking all nice

About how they don't

want to be too in our faces,

And they want to let us

continue to run things.

And they're not gonna be

too controlling

About who we bring in

as other investors.

And all this stuff.

You definitely get the sense...

that once all is said and done,

They're gonna definitely

be aggressively...

managing this investment.

Bob Higgins from

highland just walked in the room.

So whenever you guys are ready,

just let me now.

Bob Higgins, this is a partner

of Wilson, Santini,

Isaac and Vaughn,

our primary counsel.

- How are you?

- Great.

What's the total amount

of money we're raising?

Up to 17 million.

It's good that you're asking 'cause

it's changed from that document.

On the investment section

in the beginning?

I think maybe

you should have Isaac...

Are you going through this for

the first time with Isaac? - Yeah.

Maybe you should have him

go through it with you.

I think you guys should feel

well-Educated on the legal issues.

If we want to have lawyers

involved, that's okay with me,

But I'd just as soon not.

You don't have your

attorney there, do you? - Correct.

Why don't we split

the difference and do a cap at 180?

Split it between

four and five "X".

Are you okay with that?

- You had said four to five "X".

- Four and a half.

- Four and a half would be 180.

- All right, fine.

And we agree on everything else,

because if we keep reopening...

You reopened the options,

which I think was terrific.

You asked Isaac, "how

do you feel about the options?"

- I was asking for his opinion.

- I know.

- I don't want to agree...

- We're not reopening.

I'm open to these as soon as

we can resolve all issues.

You know that I'm trying to

finish this up. - So let's finish it up.

- Are we there?

- I have one more question.

One more question. I'm thorough.

We agreed... - I'm agreeing

to none of these things...

until we surface

all of the issues.

Highland is not

gonna give us anything.

They are more trouble

to us at this point.

They're a pain in the ass.

They're telling us what to do

With the f***ing

board of directors.

They are giving us

a lousy valuation.

They're diluting the sh*t out

of us before they come in.

And, and we're wasting

our time, to boot.

I'm tired of these...

Of this sh*t!

I just wanna raise some money

and go do the f***ing thing.

The best things in life

are free

but you can keep 'em

for the birds and bees

money that's what I want

that's what I want

money, all I need

that's what I want

yeah

that's what I want

money don't get everything

it's true

but what it don't get, baby

I can't use

money that's what I want

that's what I want, yeah

all I need

that's what I want

We closed ten million

of the deal, uh, yesterday.

Yeah. So what do you think's

gonna happen, Jose?

I think it's gonna be

highland, Kleiner,

Eight and six.

And we're gonna go

I.P.L. In six months.

- You're gonna be a billionaire.

- That's what I want.

You're gonna be a billionaire.

I'm gonna be a lowly

millionaire, but that's okay.

Dude, you know,

Kaleil's two favorite words...

Are "heuristic" and "prolistic".

I'm so sick of hearing "heuristic"

coming out of your mouth.

"Heuristically, you know..."

It's a holistic, heuristic...

No, it's heuristic

and it's query.

And I'm sick of hearing both.

"Query? Query it.

Query as to whether or not..."

Kaleil will say heuristic again.

And "visceral".

Visceral's another good one.

- Mr. Cheung.

- What's goin' on?

- It's time to get to work, man.

- On what?

We've been working all night

on the business plan.

We've been leaving you messages.

We're over at Kaleil's place.

Everybody's there practically.

It's a significant stake,

and he put money in it

But if he doesn't believe in

the business and

That's why he hasn't left his job...

This is Kaleil, man.

Look, the entire team

has been here...

basically the last two days

working on this.

And, you know, I don't know

what the deal was

When Julian came over,

But I'm gonna be f***ing

disappointed if you don't get

Over here and help us out.

There's employees busting

their ass for the company,

- And it's just not fair.

- He's a minority shareholder,

And you guys can buy him out.

- It's Chieh. - It is?

- Yeah.

What's up, dude? - We heard

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