Jonathan Koch

But effectively, it could be as low as, say, $50 to $100 and as high as $200 a user, depending on what needs to be done.

No, it's a user.

It's a seat.

A seat or a user.

Yeah, currently, yeah.

There's probably a total of about 400 different companies using it at the moment.

Yeah, well, it depends.

So in some cases, if you look at the, I mean, so I'm based in South Africa.

In the South African context, the South African market is a very small chunk of what we actually control.

On a global basis, I think the business probably turns over about $5 million.

More or less, about $400,000 a month in revenue.

Wow.

It all depends on where you're looking.

The reason we got involved with ClipDrop is because we believe that it's far more promising.

Well, we think that it's one component of the talent acquisition space that's been ignored.

And effectively, where you do find one-way video interviewing type models or automated video interviewing type tools that are out in the market, we think that they are underutilized.

to a large degree.

And price point is one of the reasons why they are underutilized.

We also think that there is a massive opportunity to utilize video for multiple things, all within that same space.

So we found seven different uses for video in the recruitment or talent acquisition space, which includes the acquisition or the marketing of candidates