Andrea Loubier
๐ค SpeakerAppearances Over Time
Podcast Appearances
We are thinking about it, yeah.
Yeah, I mean, it's then, you know, it's a matter of pricing structure and testing that again because you get rid of that and then maybe you lose a conversion for one person.
And then, you know, we're continuously, you know, trying to improve the retention rates with, you know, usability of the software, you know, making sure we engage with the customer and see where they're falling out, stuff like that.
We the first hundred K that we put into the company was fully bootstrapped within the founding team.
OK.
And after that, we took we've now taken up to three hundred thousand in angel investment.
And we are actually in the process of looking to raise our first series around in the amount of two million U.S.
dollars.
We're looking at $10 million.
At $5 million?
Negotiable.
Negotiable.
That's actually, I'm thinking post money.
Post money.
Okay.
So a lot of it depends on a lot of different variables.
It depends what market you're in, where your company is based.
So if you look at valuations of companies in, let's say, San Francisco versus valuations of companies in Indonesia, for example, which is where we're currently based.
There is a pretty big difference.
And a lot of that is weighed on the education, where these people went, the founders went to school, where they've gained experience.