In January 2006, YDreams closed a round of venture capital funding led by ES Tech Ventures somewhere in the neighborhood of 8.5 million Euros, which provided the company with the boost it needed to go to the next step. Most of you already know this, but I thought I’d take a trip down memory lane and share with you some of the months that led to Alfredo, our Director of Finance (most probably accompanied by his four-legged friend Bones) walking into our bank branch, wearing one of his trademark t-shirts, with a check for 8.5 million Euros in his pocket. I would’ve loved to have seen the look on that teller’s face.

The month’s that preceded January 2006 were grueling to say the least. We’re talking endless bureaucratic procedures such as scary legal due diligences and extensive financial audits. I personally recall a few all-nighters, buried under mountains of paper, crunching numbers and trying to figure out exactly what went where, when and how. I wasn’t alone of course. All us Jurassic YDreamers were in it together – just ask anyone who was around then – unless of course they’ve blocked it out entirely.

“Multi-tasking” was the word of the moment with everyone pitching in, doing pretty much anything from mounting projectors and preparing impactful presentations to scrambling for caterers willing to come to the FCT campus at the spur-of-the-moment for potential investors who seemed to pop in every other day. It was nerve-wrecking, often tiring but also extremely exciting. We were all sure something good was about to happen - it was almost palpable.