Nikos Moraitakis
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Podcast Appearances
But
because it's completely self-service and because there's a lot of organic and SEO involved, it may be costing you as little as, you know, 500 bucks to get the customer.
Yes, of course.
If your LTV over CAC is more than three, ours is six and a half.
Exactly.
So you can use your recycling your capital very, very quickly.
And that's how you can grow very quickly in this business.
We were 12 months ago, we're at 14.
We have raised about, what is it, $39 million.
Uh, last time we raised just a small 5 million rounds a few months ago to extend our B round.
Big B round was, uh, in the summer of 2015, we raised 21 million.
That or you're making quite a bit of money and you're close to profitability and you would rather raise when you're profitable.
Yes, sometime next year.
All right, let's wrap up here with... But we might choose to put more money to growth, but if you don't need a lot of money very soon, sometimes it's an optimization.
No.
I've been through these conversations so that I know the answer is no.
Oh, you know what?
No, I've had to deal with this question obviously.
Uh,
You sell the company when you don't think that there's a ton of room to grow or if you don't like the business.