Zoltan Perestaki
๐ค SpeakerAppearances Over Time
Podcast Appearances
And where's everyone based?
Um, so I'm based in, in Los, in the Los Angeles area and our development team is actually in, in, uh, my native country, which is Hungary.
So that's why that's where our backend, the development work, uh, is carried out.
Understandably, you know, it's, uh, it's, it's from, from the business point of view, um, you know, just to recruit developers, not, not to mention the cost, it's, it's much easier to do that in Eastern Europe.
It's, it's bootstrapped.
And, um, well, I have to say we're very close to closing our, our, our pre-seed rounds.
Yeah.
I mean, I, I wish, but, uh, at the same time we see that, you know, when we started to do this, we were kind of, well, almost the first one, exactly what we're doing.
We're kind of like launching the category and establishing the category.
Now there are more and more players in this market.
So, you know, there were like we have like three, four competitors which are doing something very similar to what we're doing, not exactly the same.
So I really feel that if we're not if we're not able to move fast, we're going to lag behind.
And that's why, you know, I and my co-founders decided that, you know, it's time it's time for us to.
Um, we're raising just under a million actually to, uh, to, to, you know, make it possible for us to, um, really go faster in the next year or so a little bit over.
Yeah, that's, that's something I've learned in my past.
I worked in, in marketplaces before and,
And something I learned in my past is that, you know, even though you might think that it's comfortable and, you know, you just manage your cash flow and, yeah, you optimize for it and, you know, like organic growth.
I really feel that, you know, especially in this market and given that we're early.
um i feel that you know we have to take advantage of being early and i think that the time is now right it's it's the right time now to do this because there there's more and more outsourcing happening uh teams are becoming more and more distributed so i think the timing is really right for for such a product and if we're not moving fast we're we're going to lose out are you today break even or cash flow positive or you're burning a bunch of cash
Um, I mean, it's, uh, the, the expenses are, um, I mean, right.