EstateSpace

“Our largest client is about 7000 of that a month.”

“I see this company being much more valuable than twenty million dollars, and I was not in a position.”

“We have over a 90% retention rate for paying clients.”

“So we did we're just, we're doing pure equity sell common stocks and we set a seventeen million dollar free money.”

“We'll be about two million dollars in ARR by the end of next year, and it'll all be SAS.”

“So I'm, we're raising around 3.25 million.”

“So we're probably, we just crossed 250,000 and recurring revenue. In ARR in the past five months since we launched.”

“Yeah, it was like no, not zero percent, but maybe five percent of that revenue was SAS revenue.”

“Right now we've got about 65 family offices on the platform in the last, when we launched what was it? April 30th of this year.”

“In the last 10 years, family offices specifically have started getting into the fulfillment of the lifestyle of the individual that they're serving, whether it's a single or multifamily.”

“So we hit, you know, 45, 50,000 members over the course of the next three years, which is our goal. You know, we're a twenty seven million dollar company, and we're SaaS, so we're killing it.”

“We only need to get to 4500 members, and we're cash flow positive, right?”

“I don't know where we'll be in the next 12 months, but I do know that we'll hit a million in ARR.”

“Our burn rate, it's gonna be close to about four million dollars, and we're gonna see somewhere around five to six million dollars in, in performance and profits in twenty-twenty-five”

“I put in another 500, our shareholders put in another two 75, and now we're to the point where we've got about an 880 K shortfall between now and the next 12 months, and we're gonna bridge that through shareholder milestones.”

“COVID, it gave us almost a million dollars in free money, so We had a lot of people pre-COVID. We let them all go, but the way that they looked, the SBA looked at that was that, okay, they counted us for the 2018, 2019 time when we had a lot of employees, so w…”

“We converted 4.23 million dollars of service contracts into equity. We increased evaluation to 17 pre-money when we did that, so I've still been able to hold on to about 55% of the company to this point.”

“We converted 4.3 million dollars of debt into eight and a half percent equity. Because Ron is my father and I'm his son the IRS saw that this could have just been simply a contribution.”

“I had 29 people. I had to fire everyone down to six, two of them in the back of the room with us still right now to this day.”

“June of 2019, June fourth, I know the day I'm broke. We have, you know, zero real SaaS customers. We're beta-less at the time, so I didn't even have a product that somebody could use. And we had no revenue, right? We're bleeding and we're bootstrapped.”

“We didn't, so custom became a swear word in our company, right? You could only be configurable.”

“And at that time we were doing fifteen million dollars a year, so a lot of people would ask me why I moved back into technology out of construction, right? I could have retired when I was 33, but, you know, my wife told me I'd be bored for the rest of my life,…”

“We were doing about 2.1 million in service revenue.”

“So, so last month we made more than we spent by about. 15,000 dollars.”

“We're 350 K of recurring or right away from break even.”

“I mean, I personally would argue you're worth more than if you're already at a 135,000 dollars per month in revenue, right? So that's about a 2.2 million dollar run rate. I'd say like minimum sixties. Although all you investors listening aren't going to like t…”

“We've, to date, we've invested just over seven million dollars across the company, and that's about a million of that was not my direct family.”

“So there's no, I've taken that off the table given how exhausting it was to raise some of the money just internally right now. So so no plan, no plans of like a formal series A at this point.”

“Myself and my family, we own 88% of the company in year five.”

“Typically on average about three to 5000 dollars is going to get us like three to five million eyeballs. And then from there, we're looking at about 500 leads that, that probably end up somewhere around a 150 of sales qualified leads that typically, you know, …”

“We're focusing on more of a luxury market as our go-to market. So like the, like a luxury contract management company or a consultant that's helping with you know something to do with more on the estate management or property management side. Those are kind of…”

“About a 175,000.”

“So we did a million in 2020, and we did 1.4 in January of this year, and continue to scale that number up this year.”

“So we have over 50 families. We have multiple billionaires on the platform.”