WEBVTT

326bf84b-390f-4b19-be3f-46b1d7a2dd08-0
00:00:00.920 --> 00:00:05.777
We looked at does one try to buy
a company to accelerate its

326bf84b-390f-4b19-be3f-46b1d7a2dd08-1
00:00:05.777 --> 00:00:06.240
entry.

45a5f9ac-4c08-4a69-b521-b71543ccb132-0
00:00:06.240 --> 00:00:09.920
We didn't really see anything in
the market that could do that.

732a69fd-19f7-426c-ab0b-706c00118ccf-0
00:00:10.240 --> 00:00:13.978
We could have hired our own team
and started essentially de Novo.

732a69fd-19f7-426c-ab0b-706c00118ccf-1
00:00:13.978 --> 00:00:16.854
And then through the value
creation team, we were

732a69fd-19f7-426c-ab0b-706c00118ccf-2
00:00:16.854 --> 00:00:18.120
introduced to to Koru.

b0a5e672-87e7-46c0-9b1a-b3f6e459bc56-0
00:00:18.400 --> 00:00:22.007
And then what we quickly
realized was that, oh wait a

b0a5e672-87e7-46c0-9b1a-b3f6e459bc56-1
00:00:22.007 --> 00:00:25.816
minute, there's a company that
could help us potentially

b0a5e672-87e7-46c0-9b1a-b3f6e459bc56-2
00:00:25.816 --> 00:00:29.624
accelerate our entry and
accelerate essentially building

b0a5e672-87e7-46c0-9b1a-b3f6e459bc56-3
00:00:29.624 --> 00:00:30.760
of a new company.

48b02caa-b15f-4e32-9e48-4e65309a367b-0
00:00:32.440 --> 00:00:36.444
We actually launched on time and
pretty much way under what we

48b02caa-b15f-4e32-9e48-4e65309a367b-1
00:00:36.444 --> 00:00:38.480
thought we would spend as well.

688e25cb-fa31-4a27-ad7f-fb49c560adee-0
00:00:38.480 --> 00:00:40.640
So that always makes the
Boards happy.

dc28e9f2-9366-4b3e-aad2-b55190b5967a-0
00:00:40.880 --> 00:00:41.760
We like what we're seeing.

3110bb1f-3a24-42ab-9472-1b786d2d76a7-0
00:00:41.760 --> 00:00:46.560
We're at the final stages of our
transition away from Koru.

ee9d1b19-03a4-4c77-a93a-ec4ea472b7a7-0
00:00:46.600 --> 00:00:50.306
The new team is here and really
ready to take it to the

ee9d1b19-03a4-4c77-a93a-ec4ea472b7a7-1
00:00:50.306 --> 00:00:51.400
next phase of Fig.