Cody Barbo
๐ค SpeakerAppearances Over Time
Podcast Appearances
And based on our revenue model, we have pretty ambitious revenue goals for the year.
Not profitable yet.
No, that's part of the goal with the Series A fundraise.
It's what we communicated to our investors.
It's important to us as a company.
I think the
are shooting for some sort of target raise or valuation, which I think is important, but it's not the end game.
I think I'd rather hit a billion dollars in revenue than a billion dollar valuation.
And that's the way that we kind of think about the short and long term goals for the business.
Yeah.
Well, we factor in the fundraise for two years of full operation.
So that's assuming that we made no money, stayed flat.
We have two full years to go operate.
The goal would be to drive our revenue goals, our product goals, and partnership goals for 2020, and then look at a Series B fundraise in early 21.
And at that point, we would be looking to raise a sufficient amount of capital to really position Trustable to be the category leader in modern estate planning.
So
we're playing the game of venture.
It's part of the process.
We're very fortunate that we've brought on incredible investors, but it's always about working towards that next fundraise and then working back from the milestones we need to hit in order to justify what could be for us like a 15 to $25 million fundraise in 14 to 16 months.
Yeah.