SpeedSize

“It took us almost, ah, two years to fully, ah, enroll the proper partnerships with AWS.”

“So that's the seven figures and lower end of seven figures, and that's our biggest values that we have.”

“The first decision we made is even before that happens, we stopped all the salaries to both of the founders.”

“So that's probably less than 300,000 dollars.”

“What we learned the hard way is that VCs are always less active, in our case, based on our experience, than they claim to be, and in the end of the day, they care less about money that they spend on you, and they care more about the potential profits, and even…”

“We are fully based on AWS, and we are a premium partner of AWS. And AWS, since they do not have native image and video compression, AWS offers speed size as a solution for image and video compression as well.”

“So around five mil.”

“For the contract, it's roughly that. I cannot give you the exact numbers, so roughly around that's numbers.”

“First year sales were around like 400 K from what I remember.”

“Yeah, we have around 200 customers, and most of them, as you can imagine, they're fashion brands, clothing, apparel, this kind of industry.”

“We made a pivot, and we decided instead of heavily relying on direct sales, we decided to go focused on partnerships.”

“Well, besides Philip Morris International, I guess, that's lies into that category, but other than that Googles of the world are not yet working with us.”

“In 2024, we only had like 10% error growth. However, what we did is that we cut all our expenses twice and the customer acquisition costs as well in half.”

“So me and my co-founder, we have more than 70% of the equity.”

“Two years ago, we used to be 50 people, and we decided to Focus and make a leaner team. So now we are around 20 to 25 people and a couple of contractors, and the tech subdivision out of that is around 70%. So we are mostly tech people right now, and before tha…”

“100% not.”