Mo Abbas
๐ค SpeakerAppearances Over Time
Podcast Appearances
The mission of Acadium is super important and there's something to be said about providing these life-changing opportunities to people around the world.
I mean, we'll be profitable, right?
But at the same time, we have unit economics and we have some levers on the business side that we can pull on.
We're still...
Not quite there yet, in my opinion.
We still need to nail those levers and the unit economics, but they are profitable right now.
Sorry, I meant the unit economics are profitable.
So for every $1 we spend, we generate greater than $4 in revenue.
In LTV.
So CAC to LTV rate.
We get it in sub one year.
Yes, yeah.
Although ARR is not the best metric to use in our business, to be honest, it's not like a traditional SaaS company because we do have an inherent churn where businesses end up hiring.
If they got a lot of success out of Acadium, they're going to hire their apprentice.
It doesn't have to be churn.
That could actually be expansion revenue.
You have to monetize that for it to be expansion revenue.
So we're something that we're just really getting those economics in place.
And then when we do have them in place, we can go to have, we can go have some meaningful conversation with investors and we'll have areas to deploy capital to really accelerate growth.
20 people.