Ivy

“Well these days it's pretty instant because There's a, the thousand dollar joining fee, as I mentioned.”

“So across the country, every single month, we're hosting more than 100 unique experiences focused on entrepreneurship, art and culture, Social impact, policy, and wellness.”

“It was basically, so it's going to be exactly a hundred percent growth pretty much for the last two years. So we went from around two and a half million to five million to ten million this year.”

“We're in seven cities with 20,000 members, as you mentioned.”

“Well so the way we really invest about 400 dollars per member to bring them on board.”

“We don't have any institutions on board. It's all strategic individuals. Many of them are partners at different financial institutions and funds, but it's all individual investments.”

“Churn actually is we have a lifelong membership, so it's actually very low. So once you pay your joining fee so your first year is, you know, kind of paid up front. So once you pay that, you're a lifelong member, you can decide, you know, whether to be an Ivy …”

“So it's a thousand dollars a year. And that's evolved over time. So that's the latest where it's at. If you're under 35 and over 35, it's a 2000 dollars.”

“Oh, we've got about 25,000 now.”

“So what we do is we power the platforms for like American Express, Flight Center globally.”

“Well, I've just completed around now for fifteen million.”

“You know, we've been growing anything between, you know, a hundred to a 150% year on year.”

“Well, we're now close to nearly twenty six million.”

“Probably 85% is pure SaaS.”

“Look, one of the things that I think is really important, I think we've got a 96% retention rate, which is only a four percent churn.”

“I mean, we're sitting probably closer between the 10 to twenty million in revenue a year.”

“I had funded that for about three million of my own cash. That was in 2008.”