Tarik Khribech

And whomever they choose to hire, they simply can just award the jobs to that particular individual.

Right.

So currently what we do is we take a commission out of that service.

So once the job is completed, we process the payment.

We make sure that the contractor receives its payment within two business days or 48 hours.

We take a 20 percent commission.

But however, that's in the long term.

It's going to change.

And we want to drop down to our commission services to simply a 10 percent commission.

and introduce a subscription bidding fee, which is a nominal $1 for contractors to bid on a project rather than what the competitors normally charge anywhere from $5 to $30.

Who's your biggest competitor?

Angie's List, Home Advisors, TaskRabbit.

Well, 2017, mid of 2017.

No, this was all being bootstrapped.

And now we're in the process of talking to investors to bring in some seed fund.

We're looking at somewhere between half a million and 750K.

Well, currently what we've done so far is we were able to generate some revenue.

Based on the metrics that we have is we have an average transaction per customer roughly around $196.

We want to make sure that the investment that we get right now will get the investors at least a 5x return upon the exit minimum.

And that's what we feel like, you know, that $500,000 to $750,000 is a sweet spot for us to focus our economic growth.