Avestor

“It's still less than a thousand.”

“In fact, it's strange that you mentioned that we have probably the lowest amounts of churn, less than five percent for a SaaS business.”

“We raised a little less than a million dollars, not because we really needed the money. We wanted to reward our early investors in our fund and the early fund managers. So they wanted to invest. And so we raised that.”

“There is a minimum of 400 dollars per month, even if you have so we have kind of converted into a membership model where you have to pay 400 dollars because we have a mastermind where people can interact with other fund managers, and that 400 dollars a month i…”

“We had less than I would say, 25 funds or so. So 25 or 30 funds about a year back.”

“About 30 funds have done their first deal. 30 funds have launched, still waiting for their first deal.”

“There are about seven full-time folks in the U S and about a dozen in India.”

“We didn't even complete the seed round because we are almost cashflow positive anyway.”

“We have more than a hundred funds now, and based on the assets under management, we charge a AUM fee, which ranges from 30 basis points to 50 basis points of the AUM, so.”

“What we have found is 95% of our investors really prefer to pick and choose which deals you want, which asset classes you want, which timeframe you want.”

“I think we'll look at a series, say maybe end of the year or early next year.”

“They are in the single digit range or less.”

“It's still low, growing. It's about sixty million.”

“And but Facebook has been the most effective so far.”

“The company run fund is less than five million, about five million dollars. It's less than the intent of that fund was never to grow the fund. It was purely to test out large volumes of transactions.”

“We are the only platform in the world which offers a customizable fund, and a customizable fund is an evergreen fund.”