Adam Jackson
👤 SpeakerAppearances Over Time
Podcast Appearances
So it's cash in, cash out, right?
It's once your referral starts actually getting paid invoices, that 10% fee we collect, I mentioned earlier, we collect it from the client.
Part of that 10% fee goes to pay the VIG out to the people who referred.
Oh, VIG is just a term for like a cut, right?
I see.
Yeah.
So GSV, we call it gross service value, just same as GMV.
GSV is our main KPI.
We will do something around 2 million bucks this year in 2020 of GSV.
Yeah.
Today we're at about probably two dozen active transacting clients.
It'll be 60, 70 by the end of the year.
We've done, I think we have 200 or so active projects on the platform right now and it's ramping.
It's growing about 30% month over month right now.
Yeah.
I mean, the smallest job we've ever done is probably 10 grand.
The average job size around 55,000.
And, and so yeah, active means you're, you're, you paid an invoice this month.
Almost nothing.
We were building most of 2019.