FeedSauce

“We're now scaling this out into a marketplace where creators from all around the world will be able to sign up and use the platform a bit like, you know, being a host on Airbnb, for example. And then brands from around the world will be able to tap in and get …”

“We are reinvesting heavily, but we are profitable as well. So we're working around a 20% margin at the moment, but once it scales out, we see this growing to around a 60% margin.”

“30% of the influencer content transactions that are happening now are actually just for your standard kind of pack shots or flat lay type shots, like that influencer bedroom, because brands don't know where to go. And they're paying on average 1400 dollars per…”

“On average, brands will order anywhere between nine to 15 photos. Our kind of average order value is somewhere around 400 pounds.”

“Creators are working on a 60% model. So it's a 60 40 model in the favor of the creator. So they would get 60% of the total order value.”

“When we switched the model into a pay-as-you-go model, we had huge retention. So we saw that anywhere between 40 to 60% of our customers were coming back.”

“So the key right now for us, the goal over this next year is to get to 3000 transactions across the board from customers, which will take us to around a million in revenue by next July.”

“We're raising our five million dollar valuation right now.”

“What we know through our economics and the modeling that we put out for this is that creators on average will be able to earn four times more than what their average salary for a photographer is right now as well.”

“So up to date now, we've probably invested around a quarter of a million pounds in Probably around 400,000 dollars into the platform over the last two or three years, just to be able to have it running at this level in terms of, you know, could be the infrastr…”

“I'd say around 50.”

“Very few likely less than less than five.”

“So total top line revenue last month was probably around 6000.”

“And one of our co-founders is the head of marketing at Apple as well.”