Nikos Moraitakis
๐ค SpeakerAppearances Over Time
Podcast Appearances
We, we raised another 50 million last summer.
Okay.
We still have a long way to go with that.
Actually, to be honest with you, we raised quite a bit for how much we're ready.
Compared to how much we're burning.
I mean, we have a long runway even after a year following the fund raise.
Nearly three years of burn, actually.
We got the right investors.
We have a long term plan.
I think also right now the markets are pretty good for raising money.
So if you get a good deal, you just pick up the extra money.
So, so far in all the rounds, we ended up picking up a little bit more than we needed and we needed it.
No, I think I'm not the only one who will say this.
Quite a bit less right now.
Actually, at the end of the day, we're earning less than a million a year.
We have the ability to use additional money to do acquisitions, to invest in R&D in the next couple of years.
There's a lot of new stuff within.
Right now, we're very interested in the recruiting marketing space and what's happening with job sites that deviate from traditional job sites and create communities and have richer audiences in terms of the data they intend to
and where you can help people actually source better candidates.
There are a lot of local ones.