The Story of Zanthion – Startup Chapter 5 – Accelerating to the Finish

Startup Chapter 5 – Accelerating to the Finish

 

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Startup Chapter 5 – Accelerating to the Finish

June 26th, 2019

 

Our last startup blog was on June 14th, 2019.  John Hagelgans had just joined our team as the CTO and we were stoked for how much he brought to the table.  We were not wrong. In the three weeks since he has joined John has spun up a few microservers on Amazon and is using them to run backup scripts for our database, and is currently working to create containers that we can use to spin up and down dev, test, prod, and customer on location systems.  

 

In our last post, we talked about the story of Team. Once you have “Team” it does not suddenly quit working.  “Team” keeps on giving throughout the lifetime of your company. In our case acquiring John Hagelgans positioned us to look for a CFO and with a great fortune, we were lucky enough to land John Sebesta who brings experience as a business manager and international negotiator in a Fortune 50 company as well as startup experience both as a co-founding team member and advisor.  Working in Guatemala for Alterna Impact, John worked with entrepreneurs to develop and grow their social businesses which included developing their financial strategies, curriculum and tools to help their businesses succeed as well as providing thought leadership. 

 

In his first two weeks, John contacted Michael Platt of Cooley LLC, the leading startup law firm in the United State recommended to us by Brad Feld.  Our goal with Cooley is to get our corporate ducks in a row and make sure that we are 100% ready for capital acquisition. That is not all that John has done.  He has in two short weeks benefitted to the Team bringing a new extremely intelligent disciplined financial perspective. With that perspective, he is simplifying our chart of accounts to maximize our capitalization of R&D spend and to allow us to understand our business at a glance.   

 

Today we have $ 25,904.14.   Two weeks ago we had $35,318 in our account.  We have spent that money on test inventory so that every person in our company is running our monitoring system 24 hours a day 7 days a week.  Since our last blog, we have extended the life of our incredible SMART Watches to 23 hours with full activity tracking, automatic fall detection, wandering notification, real-time heart rate monitoring every 5 minutes, auto-answer and GPS.  In this short two weeks, we have added smoke sensors, gas sensors, water sensors, a new wrist-worn activity sensor, enhanced the stability of new installations tremendously, and automated settings for how active people are, how soft their beds are, and what ours they expect to be awake and asleep.  

Since two weeks ago we have checked 8 new commits into our API bitbucket repository and updated our gateway android repository 6 times. 

 

In the last two weeks, we have a complete packaging system with the beginning of our kitting operation in DearSystems and a solid plan on automating the order, inventory, configuration, and installation process.  When our systems arrive at a doorstep there is no configuration required. All that is necessary is to pull the sensors out of the box and put them on the wall and wear the watch. From there on in Zanthion will carry the ball for you.

 

We are the BEST TEAM!