Nevin Shetty

We were there for a year and a half, and then we subsequently moved to Seattle.

So we're now in Seattle.

So the Techstars program was actually in Minneapolis.

It was a Techstars target accelerator program.

But Seattle is a great consumer web culture, and Lizzie and I are actually originally from here.

So funny enough, we met in New York, became friends in New York, started a business in New York, but then moved back to Seattle.

Because when you're bootstrapping the company earlier on,

New York is an expensive place.

Seattle's not far behind.

Yeah, so there's big competitors in space.

In the wedding space, Zola is one of our biggest ones.

In the baby space, BabyList is a big one.

There's a lot of niche spaces out there because if you look at the wedding registry market, it's a stagnant market dominated by three big box retailers and hasn't changed a lot.

So there's a lot of now companies out there who are trying to

make a way so you've got zolo my registry honey fund um and so those are just a couple but i think we have a very strong differentiating factor in terms of you can shop multiple retailers from our platform you can have a honeymoon a down payment fund and we have the lowest fees on the web anywhere uh for credit card processing among what is the what's the theme

So for only cash gifts, it's a 2.5% credit card transaction fee.

So every single website charges this.

GoFundMe charges this.

Kickstarter charges this.

Zola charges this.