Ah, okay.
Good to know.
So we should not ship tomorrow then.
Don't do it tomorrow.
Please wait until Wednesday.
Yeah.
Good day.
Glad we asked.
I'm going to send you the press release so you just.
It has the embargo at the top.
Welcome to season eight, episode four of Acquired, the podcast about great technology companies and the stories and playbooks behind them.
I'm Ben Gilbert and I am the co founder and managing director of Seattle based Pioneer Square Labs and our venture fund, PSL Ventures.
And I'm David Rosenthal and I am an angel investor based in San Francisco.
And we are your hosts.
In 2018, we did an episode on the early stage.
Seattle startup Rec Room founder and CEO Nick Fite joined us at the time to talk about their seed round that they had raised from Sequoia.
At that time, they were a popular app in the slow to develop VR landscape with a couple hundred thousand users and zero dollars in revenue.
Earlier today, Rec Room announced in the Wall Street Journal that they had raised $100 million at a $1.25 billion valuation from existing investors Sequoia and Index Ventures.
They are now a product that spans across many platforms from of course, virtual reality, but also to Xbox, PlayStation and iOS.
They have had astonishing growth numbers over the last year where they grew revenue 660% and now have over 15 million lifetime users, 2 million of which are creators on the platform.