Michal Sadowski
๐ค SpeakerAppearances Over Time
Podcast Appearances
Those customers are based in, let's say, all the global customers.
We started this company as a local company.
So actually 50% of portfolio is based in Poland where we started.
We started in Poland as a local monitoring tool.
Oh, what year?
Sorry.
It was 2011.
Poland, fully based in Poland.
It's actually pretty, one of the things that shocked me that actually customers from all over the world, they don't mind buying the product.
If it's good enough, they don't mind if it's based in Poland or anywhere.
mostly bootstrap out of the, let's say $6 million of costs that took us to the place where we are at the moment, probably 300K, no, three, $400K was the external funding.
The rest is bootstrap.
So over 90% of the costs were financed by just
revenue from customers rather than investors.
Yeah.
Yeah, certainly.
We prefer to reinvest all the profits back into the company because 2,000 customers out of the
tens of millions of companies that would be that are potentially interested in monitoring.
It's not a time to high five each other.
It's rather time to reinvest back into the company, you know, hire more developers, hire more marketing people and just scale.