ConceptDrop

“It's called network ventures. It was started by someone who was one of the early employees from the Pritzker group.”

“Well, I can tell you that we worked with over 300 companies and in one calendar year, year, year, we eight X star monthly revenue. We went from two employees to eight full time employees. And in the process, we recently closed out a 1.1 million dollar venture …”

“In back in early part of 2015, we hadn't launched a marketplace. We were, you know, doing, you know, not single digits in monthly revenue, but we were doing, you know, in the lower 10 to 15,000 per month, we basically 10 X that in a year.”

“Because of the kind of the nature of what we're doing, we typically see people come back in like 60 to 90 days, but that's been a big focus for us.”

“Five to seven.”

“Our average, the average order value for us is about 500 dollars. So they're taking about 65% of that on average per project.”

“So we actually are working with a pretty small group of suppliers less than 100.”

“We've kind of gone from selling those individual projects to closing Six figure contract with a fortune 100 company.”

“We did do a convertible note. We had raised about a quarter million dollars on a convertible note prior to that round.”