Kimoyo Insights

“I don't think it ends up being a billion dollar exit, or even a hundred million dollar exit. I think it ends up being a maybe mid-double digits exit.”

“Nigeria, Kenya, Ghana, Rwanda, and South Africa are markets that we're targeting just now, but have, we want to break into consumer packaged goods. That's actually like our longer term play.”

“So what we're building is a platform that you can automate the entire scheduling, the recruitment, the screening of our participants, and the qualification of our participants. Right now, we are more like that logistics intermediary. The actual research does n…”

“We have raised 30% of our rounds, so about 300,000.”

“Yes, a six million dollar cap.”

“This is not, this is a people business where you're basically renting people, and for that reason, it doesn't fit my thesis and I'm out.”

“With Flutterwave it's 75,000 but we're targeting around 55,000 for the cost of contracts, which is in line with the industry standard, like usertesting.com and users.”

“Typically where we typically charge around a hundred to a 150 dollars per participant yielding a 70% profit margin.”

“I think the way I look at it is like, you know, we're early to the market. We're early to this space, but I think in, in two years, three years time, everyone's going to be shocked at like, how you, what do you mean that you didn't understand the market for da…”

“Since launching last year, we have over 11,000 participants in our private beta and have generated a 115,000 in revenue, supporting companies like Microsoft and Flutterwave.”

“We added three more investors. They're all African.”

“Our strategy was to first go with US slash Western, more well-known names, honestly, and then switch over to African investors with that kind of validation.”

“Microsoft is a U.S. Company, but just saying, and they've done more than Four studies with us in the past year.”

“So typically where we typically charge around a hundred to a 150 dollars per participant yielding a 70% profit margin.”

“This is not, this is a people business where you're basically renting people. And for that reason, it doesn't fit my thesis and I'm out.”

“Flutterwave is actually the first trial where we've had with that. We are officially their African research provider on a yearly contract. With Flutterwave, it's 75,000”

“I don't think it ends up being a billion dollar exit, or even a hundred million dollar exit. I think it ends up being a maybe mid double digits exit.”

“How do you not see that this is going to be like, you know, at least at the minimum, a couple hundred million dollar business?”

“Yes, a six million dollar cap.”

“Nigeria, Kenya, Ghana, Rwanda, and South Africa are markets that we're targeting just now, but have, we want to break into consumer packaged goods. That's actually like our longer term play.”

“We have raised 30% of our rounds, so about 300,000.”

“For every hour that you spend talking to a customer is estimated that you spend two to three hours analyzing that study.”

“We are raising a one million dollar pre-seed to automate the entire research workflow.”

“We've been targeting 300,000 in ARR.”

“There's some other ones that are a step before term sheets. And so it's a potential like 550 K that's like waiting there.”

“Right now, we are more like that logistics intermediary. The actual research does not happen on our platform, just to start.”

“Consulting companies sell at three or one X revenue, maybe three or five X EBITDA.”