Reno Dagon-Frivilli
👤 SpeakerAppearances Over Time
Podcast Appearances
That's the price tag.
But we've got some discount based on the volume.
And also there are some markets where we need to be pretty aggressive.
Like India or more less developed countries in Africa, we try to match the local.
No, I would say it's more about $80, $85.
Okay.
So we started business about 10 years ago, but we completely pivoted back in 2017.
So Xero was launched on the market on the 1st of January of 2017.
So it's about four or five years now.
No, we were bootstrapped actually from day one.
We were able to generate a lot of revenues because initially we were a customized software development company.
So it's quite easy to develop some revenue and only we started zero.
We changed cap table only in October 2019 with our first financing round.
It was last year.
I mean, only last year.
We're in a very tight product.
And as I said, we had to develop all this telephony layer.
No, no, no.
It's completely over.
Completely over.