Nathan Latka

Scholarship Owls helping large brands like Samsung connect with college students or around the college student age.

He also helps 20,000 college students generate and get access to over a million dollars of scholarship revenue.

That's what they paid out last year alone.

Processing over 150,000 signups per month right now.

They got a robust engine.

We're thrilled, obviously, that he used FounderPath for some non-dilutive capital as he's grown, totally bootstrapped to over 6 million bucks of revenue up from 3 million back in 2020.

David, thank you for taking us to the top.

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FunKite was launched back in 2015 on a dream and an idea.

They've scaled nicely today in a capital efficient way.

They put out or they generated, they get 5,000 applications per month.

They sent out offers about 1,300 of those.

Some portion of those are accepted and approved.

The business in 2023 did quote about 70 million bucks of revenue.

Alex is constantly thinking about how do they keep their

both default rate low, which is 16%, if I'm remembering properly, and then actual charge off loss rate, 6.8% of that.