Venkatesh Ganapathy
๐ค SpeakerAppearances Over Time
Podcast Appearances
I know you love numbers and I really hate to give you this, man, but I cannot share exact revenue numbers or my burn rate.
But what I can tell you is that we've grown from, so to give you an idea, we basically, as I said, we have about 22,000 agents right now.
We bootstrapped up until now and we are breaking out.
We are up to about 12 employees and we are getting ready to get to a cashflow break even in about six months time.
It's still bootstrapped.
No.
So we just raised about $700,000.
Okay.
So because it's convertible debt, the idea is that these would mandatorily convert into equity once we do a next round financing, say at a series A level in about a year.
So our goal is basically to get to cash flow positive and at that point of time, raise a bigger round.
at which point these investors will all convert into equity.
Yes, and what I'm saying is that that number would be raised combined with what we are burning today after having grown to our team size, we'll still be able to cash flow break even in this next six months.
To give you an idea, we have access to about 120,000 customers worldwide.
who are gonna be using this platform in the next six months.
I hear you.
I hear you.
To give you an idea, we do approximately, I would say about anywhere from about $450 to $600 end user.
So the final customer who's actually using the service and depending on what all services they use, that number is approximately $450 to about $500.
Okay.
Which is why we are in that position of cash flow breakeven.