This is exactly what happened and a bidding war started(long time back). And then we decided to step back from the bidding war. One reason to do so was because

This is exactly what happened and a bidding war started(long time back). And then we decided to step back from the bidding war. One reason to do so was because we did not have VC funded money. If we had VC money, maybe we would have continued the bidding war. But glad that we could make the right choice.