May Al-Kharouni

So kind of a 10 million kind of valuation for us is fine.

Yeah.

Exactly.

Yeah, we're going to I'm going to keep continuing for the next couple of months.

Obviously, COVID has been quite an interesting period for fundraise.

So we're not going to go straight into like a big raise straight away.

I'll probably wait till quarter two and see how we grow and then reevaluate everything then.

I'm the sole founder, so I've still got quite a lot of control.

As a marketplace, how do you measure churn?

Actually, it's based on the enterprise side.

So how much they're paying and up to December, we've had 100% retention, which has been really interesting.

I expect probably a 5% going forward just from COVID because we deal with a few hotel groups.

So when they come up for renewal, we might lose a couple of them for a while.

Yeah, so basically the internal reuse would help the hospitality trade.

At the moment, they're pretty shut in the UK.

So it's about just waiting and see.

We haven't lost anyone yet, but my prediction is they're probably the worst hit, I'd say.

From a COVID perspective, actually, it's been very helpful in a bittersweet way because

retailers are closing stores, they're refurbing, they're restructuring their real estate.

So actually, it's been very profitable on that side.