Blockworks

“Awesome business. Probably will do eight figure or yeah, maybe 10 north of ten million in revenue this year. Completely bootstrapped.”

“If I had a bet, I would imagine you're going to see this company sell for in the 40 to fifty million dollar range in the next 18 months.”

“Two day conference that he just hosted recently. It did two million in revenue. He said, he told me it did about 50% in profit. 800 attendees. Ticket cost one to 2000 dollars.”

“Last year we did, like, well over ten million from permissionless.”

“Everybody thinks that founders had this vision from day one. But if you talk to founders who have built big companies, 99% of them do not. They do, they never did at the beginning. Second-time founders actually do, I've noticed. Like, second-time founders will…”

“50% of tickets get sold in the four weeks leading up to a conference.”

“You're gonna be worth at least a hundred million dollars in the next five years, I would imagine. Liquid. That, that's my prediction.”

“Then COVID hit, and 80% of our revenue got wiped out overnight because we were, 80% of revenue came from events”

“The thing that a lot of entrepreneurs get wrong with events is the business model of small events is a really good experience for attendees. It's really fun. You bring people together, good community building. It is a shit business model. So the kind of secret…”

“Whenever, like, you're telling me about your guys' business, I'm like, oh, I see a, well, from an outside, I see a crystal clear path to, like, a hundred million in sales.”

“Last year we had a goal of twenty million in revenue, and we pretty decently exceeded that. and we've been profitable since day one. So, yeah, we bootstrapped the business for the first five and a half years, and then back in April or May, we took we raised …”