EssayJack

“So right now it's myself and five other people. So there's six of us. So we've got a product owner. And so he kind of straddles the line between the tech and the business side. There's one girl who helps me with the marketing client support Everything that's n…”

“Typically we're seeing sort of a year or two ends up being the kind of duration of how long they stick with EssayJack.”

“If it's just a student straight up, they're paying nine 99 a month, or they're paying 99 99 a year.”

“Then we raised 500,000 Canadian from friends and family, so that was about 350,000 USD at the time”

“Yeah, it's about 50% right now, but as I say, it's like, we really started rolling out.”

“So over 30,000 students on a monthly basis are active users.”

“So we have essentially a kind of nothing marketing budget. And so it's myself and one other person, and we're out there sort of slogging.”

“So this year, it's a little bit more of a fifty-fifty split between our B to C or the direct to consumer and B to B, which is the institution. But in previous years, it's been more of like a ninety-tenth Between institutions being the 90% and 10% being individ…”

“The expectation in terms of payback of that shareholder loan is like at an exit. So the intention is to fuel growth”

“We're raising two million USD, and this is our seed.”

“Right now we're looking at it's about a million USD has gone in to get us up and off the ground. So the total share, the total equity in the company to get us from sort of Hey, this is an idea. Let's get going. It's about 1.5 million USD.”

“Yeah, so it'll, to be honest, it'll probably be in the ballpark of around an eight million USD, you know, give or take.”

“And then from that, we'd have, at that point, we'd have sort of 65% of the people who are in that workshop sign up. For an essay Jack trial immediately”

“So our monthly individual subscriber is, I think around a thousand-ish”