Alex Bean
๐ค SpeakerAppearances Over Time
Podcast Appearances
Uh, yeah.
And again, like I'm just, I'd have to look at the number it's it's thousands, right?
It's really healthy.
Meaning we feel really, really good.
Uh, the averages can change depending on, you know, is it the one 50 to 50 to 500?
Clearly if someone's a hundred percent company spending a hundred thousand dollars, you know, there's 200 to 300 bips.
So you can do the math, right?
Like now there's a lot that we have to account for though, right?
What people don't forget is we are giving rewards back to our customers.
Yeah.
You don't make the full 300 bips.
Yeah, I mean, it comes to us, but there's there's costs, right?
There's risk, you know, you have to put money away for risk, you have to put money away for COG, you have to put money away for paying it back to the customer and rebate.
And so there's a lot of factors in there.
But yes, there's still a very healthy business in which you can make a fair amount of money on a free product to an S&P.
Yeah, it's super attractive.
Yeah.
And again, I don't want to speak to specifics because there's always a lot of people involved and whatnot.
But I will say as a whole, I think the secondaries, I agree with you.
Secondaries done right can give motivation, which allows early founders and early employees to.