Timo Boldt
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Appearances Over Time
Podcast Appearances
And so I had to convince friends, family, some people I knew from banking who had too much cash, invested 5K, 10K, small tickets.
We raised 100K initially.
And then we found these angels, CFO, COO of a massive food business.
And they, after like six months of negotiation, invested 250K.
And it felt like, you know, we made it.
250K, amazing.
But most importantly, they brought so much knowledge to the operation, the supply chain.
They literally looked at us saying, he always said, Timo, in his accent, like, Timo, you're wasting so much money.
Like, any idiot could give out free food on the street, right?
You're not making any margin.
This is stupid.
And he really kind of got me to think differently about margin and supply chain.
And initially, we just thought we just need traction and margin will come.
And then we built it.
foundationally right with their help and so they've been an amazing kind of influence on us building this in a more positive way look and then two years in we raised the first VC round back then a million and then we did I think three million shortly after
So it started to snowball at some point.
Yeah, for sure.
I mean, look, we're obsessed about unit economics.
If we spent one pound on marketing, when would we see a return?
What's the customer satisfaction?