Mark Abbott
๐ค SpeakerAppearances Over Time
Podcast Appearances
So we've got about 30 of those companies on the platform and we add two or three a month right now.
Some of them are large, like equal exchange is a $70 million a year company that does, you know, organic coffee and tea and, and chocolate.
Um, they're moving their entire catalog fundraising business onto the farm raiser platform.
because they recognize that there's massive value proposition for them in automating their current process.
The twelve hundred dollars a month also translated translates into X amount of campaigns.
And those campaigns also pay us.
But if you're paying that per year and I'm getting 100 campaigns from you per month, that 100 campaign is translating into.
That's totally get that.
The technology is hard to build.
So it took us a while.
We, you know, we ran almost seven months worth of campaigns without writing any code because we wanted to make sure that we were actually solving some problems that people would respond to when we released the technology.
And then we've done two versions of the, of the stack and we've also done the mobile applications.
So,
You've got a fairly heavy upfront tech cost.
We're at a place now where we can see the break even for FarmRaiser.
So we want to get there before we take any more money.
When do you think that'll happen?
What month?
So we should be there by the end of this fiscal year.
We should be looking at a volume that allows us to break even.