Jungle

“But my guess is this gets done At 12, 15, and it's, like, at 12, 15, and that makes sense, given where they're at, the fact that they did a pre-seed, but also just, like, the data”

“The other core metric we look at is the average number of questions answered per user per week. This number is currently at 60, by the way.”

“Baukunst passed on Jungle.”

“I feel like I would be very interested in diving into diligence quickly and fast tracking this with my partners. And we would look to lead this.”

“I do think in how it happens in education, traditionally, there's a lot wrong with it, but it's not just about being a good learner and doing well in school. It's about like, how do I build the good habits that I need to be a good human and show up consistentl…”

“In three months, we've gotten seventy-six million views from that program alone.”

“So I'm out.”

“I would look to lead this with something like 1.25 million at a 10 post, just because that's often where the valuation threshold is for us with the deals that we like to do.”

“30 to 40% of people get the higher seeded plan, and 40% of people get an annual plan, which gives us a lot more revenue upfront.”

“Terms for this round were set at twelve million.”

“We had a hundred 44,000 people sign up in December, and 40% of those people came through word of mouth.”

“And that's a 50,000 dollar check we can commit into whatever the round is. And I'd like to start by saying, like, I'd like to commit to that.”

“In the next year, we want to get to eight million ARR, pretty ambitious, 10 X-ing, basically.”

“So the churn on our paid subscription is 12% during a semester, and then around 19% during seasonality moments like summer.”

“So, what I'm really saying is, I think this is a 50 to seventy five million dollar ARR business”

“Like, so I think you basically have to get people to pay for the semester, or for the school year, or pay the annual rate, otherwise you're gonna churn people out. Every summer or, and you're going to need to reacquire them.”

“We raised pre-seed like, 600 K, and it was at an eight million post.”

“We just launched Streaks, for example, like a week ago. It's already had a 20% boost.”

“Just to round it out, I think you're clearly a top one percent or better founder.”

“So we're at a 180,000 monthly active users. We are approaching a million dollars in ARR, and we've been net profitable for the last four months.”

“The pitch fund is in for a 100,000 alongside Jesse's 50,000 dollar check.”

“We're raising two million dollars to transform the future of learning and unlock the potential of every individual.”

“The last metric we look at that really matters to our success is the number of power users we have every month, which we define as someone that answers a hundred questions or more. Currently, in December, that number was 21,000. The month before, it was at 11,…”

“In the last three months, we've spent a 105,000 dollars to make a 108,000 dollars. So a 102% ROAS on Google Ads.”

“I think something like ChatGPT helps us more than it hurts us, because it makes people more aware of AI and its capabilities, and it leads people to search more like AI sort of generated questions, flashcards, stuff like that.”

“In the last three months, we've spent a 105,000 dollars to make a 108,000 dollars.”

“The Pitch Fund also invested a 100,000, so we were part of your 300,000 dollar mini round.”

“Looking at some of these more mature apps like jungle where you realize like, no, actually the user interface can be a moat. The user experience, the brand becomes the moat. And yeah, everybody's using the same models on the other side, but like, The end user …”