Byron Darlison
๐ค SpeakerAppearances Over Time
Podcast Appearances
Well, actually, no, um, it's post-secondary that started the whole trading labs, but what's really interesting because of the financial literacy programs in the U S high schools are now putting in trading labs.
So this started in the last couple of years.
Uh, well, we're a freemium model.
So, uh, we've got just a paying customer, about 6,000 customers.
Uh, I think we're about, actually, I don't know.
You, you can do this math far faster than I can.
54% pay us.
So whatever that number is, that's the active base.
Yeah, I think it's closer to three 50, three 50.
Um, we track our moving annual average growth.
So it's on a, on that basis, it's 25%, 24 point something.
Something like that.
I know we're just bootstrapped.
I personally think it's a fantastic thing.
I think if you have the ability and a strategy and you can see a return on it, why not go for it?
For us, and you and I have talked about this before, we're at a crossroads where we've got some really interesting things coming up.
we we may look at to more expansion through debt financing stuff like that which is based on the exact same formula that any other entrepreneur should be using to evaluate that but i not just debt by the way like entrepreneurs should use that formula for even venture the big difference is venture is dilutive and debt is non-dilutive however there's an interest rate typically
My preference is the debt side, just because I'm a firm believer in the upside of controlling your destiny.
Not what we want it to be.
So our gross churn, or well, our logo churn is about 1.33% monthly.