Everything Ivan Ariza said on any show that made the record, most notable first. Each card names its show and opens the statement there.
Ariza: Cargamos Pays Landlords Per Package Rather Than Buying Real Estate
“No, we don't buy. We leasing the real estate, but actually we make an approach like we work with their buildings with the landlord. So our approach is when we increase the package that leave the station, we're going to pay to the landlord. So we don't know, pa…”
Ariza: Intra-city parcel delivery in Mexico City typically costs $6
“Look, in Mexico, you usually need to pay six dollars to deliver a package from Mexico City to Mexico City.”
Ariza: Cargamos aims to reach $1.2M in monthly revenue in December 2021
“Yes, we are trying to break that number and we are hoping to do in December one, 1.2 million dollars per month.”
Ariza: Cargamos brings in $1M monthly revenue with 28% gross margins
“They are paying us right now, one million dollars. If we break in our unit economic, that number, we're going to see that our numbers, it's more or less in the gross margin. We are taking 28%.”
Ariza: Courier labor accounts for 60% of Cargamos's monthly revenue
“Last month we paid let me Maybe 60% of that number.”
Ariza: Cargamos has raised $12M to $13M to date
“So until now we are raising close to 12, thirteen million dollars.”
Ariza: Cargamos raised a $7M note with a $30M+ valuation cap
“Yeah, more or less. We are quite higher than that, but yeah.”
Ariza: Cargamos Targets $20M to $30M for Series A
“Right now we are targeting to raise more than 20, thirty million dollars.”
Ariza: Around 3,000 drivers actively delivered packages for Cargamos last month
“More or less. 30 drivers 3000 drivers.”
Ariza: Cargamos delivers under 100,000 orders per month
“In the mix we are delivering less than a 100,000 orders right now per month.”
Ariza: Cargamos works with around 20 e-commerce brands
“Right now, it's more or less 20 brands working with us.”
Ariza: A Single Amazon Fulfillment Center Costs Over $100M
“If you look at Amazon, for example, you're going to find that a single location could cost even more than a hundred billion, a hundred million dollars.”
Ariza: Cargamos currently employs 105 people
“Our team size today is more than a hundred people. A 105 105 people.”
Ariza: Engineers account for roughly half of Cargamos's headcount
“And the engineers it's more or less half of the company right now.”