Sundae

“We're integrated, and we are receiving the commission from them. So it's not an if, it's not a when, it's happening.”

“I unfortunately can't get behind the 10, but I would put out my offer at one 50 at seven post on a save.”

“Yeah, that is our final offer. I think, you know, unfortunately, just kind of where we play in the sphere. I think valuation is really important to us. We write small checks, so we have to kind of make it count, you know, as an investor.”

“We are raising 1.5 million dollars. Half a million is already secured, and we are looking for a US based lead because US is our main market.”

“We did a pilot with a Swedish brand. They were paying us 4000 dollars a month. And in the end of the pilot, we increased their conversion rates by 22 times, so they were happy to pay us double.”

“And just to put things in perspective, so we project that we actually need about 4000 monthly shops to generate one million in ARR.”

“I work in a partnership, so I have three partners, but I would be very excited to jump into diligence, and my investment would be, I would say, at least a million. I would rather do 1.25, if you'd be open to taking more. I'd even go 1.5 if you would be willing…”

“Seven million is a little bit lower valuation than what we will probably close this round at.”

“For every basket that gets shopped, we make between 10 to 20 dollars.”

“And Anastasia, just so all the cards are on the table, the Pitch Fund would also like to follow on this deal alongside either Elizabeth or Charles or Kate depending on where the terms land.”

“So I'm in for 25, but one big deal is we sold the company to Instacart. A while ago, and I have a bunch of friends who are executives at the company, and I do want to better understand this model from their point of view. That would be the one big deal is insi…”

“So we see that from people who could shop in Sweden, about 10% actually check out”