Nathan Latka
👤 SpeakerAppearances Over Time
Podcast Appearances
I imagine some of those bigger companies using you, you probably give them 7%, 8%, 9% because you don't want them to leave the platform.
Could I take that 30 million GMV and multiply it times an average take rate of 8% and guess you're somewhere around 2.4, maybe 3 million a year in revenue?
Oh, okay.
That's actually... So why are my assumptions wrong there?
Why is your average much higher in terms of your take rate than I thought it would be?
I see.
Okay.
Okay.
So 4.5 is the number in 2023.
Can you help us understand growth?
What was it last year in 2022?
But I love that.
You probably still own 100% of the company.
You have to listen to a board.
I mean, this is great.
Do you remember when... So you launched in 2013.
You're 10 years in now at this point.
Do you remember what year you did your first year of $1 million of revenue?
That doesn't work.
You have no legs left at the end of that.