Francisco Larrain
๐ค SpeakerAppearances Over Time
Podcast Appearances
I knew that I kind of like put money before those guys really wanted to chip in and that helped me.
And quite frankly, Joe really believes in this smart enterprise idea and like, you know,
The conversation with him was a 10-minute conversation until he started negotiating numbers with us.
So I can't disclose the number, but it was a big number.
It was a very sizable number, at least for me.
It gives me the ability to kind of be independent financially and kind of start more companies.
More than a hundred million?
I can tell you the number.
Mid-level digits in terms of something between 10 and 100.
Perfect.
We returned it four to five times the money for investors.
In about a year, right?
In about nine months, actually.
That's great.
That's a good idea.
The technology we built was quite disruptive because we were able to track credit cards.
So if you buy a Groupon,
and then you go to the merchant we were able to see on the merchant if you were a return customer or not so we essentially had deals with acquiring banks with the first datas of this world and guys like that who will give us access to the credit card transactions and we were able to match them in a way that we didn't violate personally identifiable information by using just pieces of the credit card data and building a collision algorithm that you know was able to identify users on that merchant
So effectively moving online to offline, proving ROI on online to offline advertisement.
Yeah, but we've got the company, given how disruptive it is, we've got, which has been amazing for us, we've got a lot of inbound requests from VCs trying to, so we have some VCs trying to now say, hey, you should take money from us.