Boundless

“If you look at the category just in the U.S., right, there are two million total green card and naturalization applications a year. There are about twelve million sort of non-immigrant applications a year, so those are like work visas, travel visas, student vi…”

“There are nine million people who are eligible to naturalize and don't, and when they did a nationwide survey, they found that, like, over 60% was because they had no information about how to naturalize, and that's, like, exactly what we did.”

“I do want to come in, and I want to help you get this done. And I would be honored, actually, to invest in a company that would create an easier path to fortify the foundation of this country with immigrants, not without immigrants.”

“In two years, they have to go from a conditional to a permanent green card, which is another transaction, and then a year after that, they can do naturalization, which is another transaction. There's no reason they would go to anyone else for their future appl…”

“I see huge opportunities for lifetime LTV in this, both through additional sort of immigration services and wraparound services and other things that you can do with the data. It's a data play, and there's a lot of value there, and it's a data play, but it's a…”

“And this is service business. This is not a SaaS company.”

“So we've had a little over a 150. Since we launched in September. So we've been growing 50% month over month in terms of number of customers.”

“If you take apart a founder, right, and you take apart a product at the very early stages he checks every single box. And then some.”

“So as of now, so of 500 dollars our customer acquisition cost is a little over 400 dollars.”

“In the 30 years since I went through this journey, the only thing that has changed in this industry are that legal fees have gone up, and there are 10 times as many immigration lawyers in this country.”

“Customer acquisition cost has come down, has declined quite a bit since he pitched us.”

“I have two million in the bank. I raised the seed round last April. I have most of the rounds still.”

“My, when I step back and I look at this I don't think your business is actually that investable right now. What I expected to hear was after raising three and a half million, that you would have thought through the business a little more. I wanted you to come …”

“So he is coming in for 300.”

“So I would like to invest, but overall, I think you're a tier one founder operating in a pretty interesting space with the opportunity to build a really big business. So we'd love to back you.”

“I really have a great feeling about you, and I just like your approach, and I'd like to invest.”

“I can be blunt and say, look, we are not, we are losing money per customer. And that's ok. And because we are, we believe that if they have a great experience, that, you know, they will come back to us for future immigration needs.”

“We raised a little under eight million dollars.”

“Not long after he pitched our investors, Shao closed his three million dollar round, despite the fact that Daniel and Jillian bailed.”

“So we've had a little over a 150. Since we launched in September. So we've been growing 50% month over month in terms of number of customers.”

“In two years, they have to go from a conditional to a permanent green card, which is another transaction, and then a year after that, they can do naturalization, which is another transaction. There's no reason they would go to anyone else for their future appl…”

“So there are 400,000 marriage green card applications a year. We charge a 500 dollar fee for our service. So that means, yeah, this is a two hundred million dollar market”

“And this is service business. This is not a SaaS company.”

“I do want to come in, and I want to help you get this done, and I would be honored, actually, to invest in a company that would create a An easier path to fortify the foundation of this country with immigrants, not without immigrants.”

“Out of 500 dollars our customer acquisition cost is a little over 400 dollars.”

“I guess my, when I step back and I look at this I don't think your business is actually that investable right now.”

“So I would like to Invest. But overall, I think you're a tier one founder operating in a pretty interesting space. With the opportunity to build a really big business. So, we'd love to back you.”

“In the 30 years since I went through this journey, the only thing that has changed in this industry are that legal fees have gone up, and there are 10 times as many immigration lawyers in this country.”

“But Phil, he invested almost 350 K.”

“We have dramatically increased our number of customers to the point where, you know, we are now five to six times larger than we were in the span of a year.”