Nevin Shetty

At the same time, we felt like we're getting good value because otherwise convertible note, you run into the issue.

Okay, what's the value going to be in a year or two years from now?

And it was just an easier place to be given our history.

It's a combination of gross and growth.

So for most e-commerce companies, it is based on gross.

That's a great question.

And there's a lot of different levers we're trying to pull to get there.

I mean, right now we could hit anywhere from 10 to 12, but if certain things hit right, we could hit 15 to 20.

So...

There's a lot of the interesting and both interesting and difficult part is the seasonality of what we deal with.

So most people register for products, you know, a few months in advance, but actually don't get items bought out of their registry until right the summer or the fall when they actually have their wedding.

No.

Totally free to be on the platform, but we are exploring that now because we have so much inbound requests from retailers, both national retailers and boutiques who want to be on the platform and the consumer intelligence we have on users based on their location, the retailer mix, the product mix.

We would never pay for something like that because if you look at the marketplace, it's always free.

So if, you know, you can't have a paid subscription unless you're doing something very, very different.

And honestly, we want to keep this as accessible as possible.

Like I hate paying fees for anything.

And so we want to offer that same experience to users.

And we think we can get value from both sides of the business, both couples and from retailers.

So we founded the company in New York.