Everything Diego Abba said on any show that made the record, most notable first. Each card names its show and opens the statement there.
Only 6% of Italian luxury retail transactions occur online
“Not to mention that only six percent on those transactions go online.”
Activision generated $1B in five days during a Call of Duty launch
“The last one I received as an award was like, we did a billion in a few, in five days or something like that.”
The global luxury apparel and accessories market is under $50B
“In apparel, so clothing and accessories, so bags and shoes, the global market is worth under fifty billion.”
Italist surpassed $10 million in transaction volume in 2015
“In 2015, we passed we passed the first bar that is above the ten million”
Italist targets passing $50M run rate by November 2016
“The objective is to go to November to pass the fifty million in annual run rate.”
Italist takes a 20% to 30% cut on marketplace transactions
“I would say, let's say between 20 and 30.”
Farfetch reached a $1B valuation on $300M to $400M in sales
“The valuation of Farfetch, that is a similar model. And they got their last round at the valuation of one billion and their total sales was around I would say 300 to four hundred million. In a year. Last year, in 2015, they got the last round of financing.”
Italist is operating at roughly breakeven
“Since we are more or less a break even already,”
Italist processed approximately $1M in transaction volume in January 2016
“Yeah, we go around a million.”
Italist is raising an $8M to $10M Series A round
“Yeah, between eight to ten million. That's the idea to raise right now.”
Italist grew 14x with 90% quarter-over-quarter growth
“A 90% growth quarter over quarter. So we basically grow for teen times.”
Italist has raised more than $1M in seed funding
“So we raised more than a million.”
Affiliates drive roughly 30% of Italist's transaction volume
“I would say at this stage about 30%.”
Italist's average cart size is approximately $600
“No, no, no, the average card size is about 600 dollars.”