Tophatter

“So our gross margin on the 80 to a hundred is about 80%.”

“So this year we'll do somewhere between three and four hundred million dollars of Gross transactions and our take be between an 80 and a hundred million.”

“So our biggest channel is Facebook. Because again, what we do is a hundred percent mobile and Facebook is the best, most efficient channel to acquire users for us.”

“So we actually end up getting payback on our marketing spend usually within about. 30 to 60 days.”

“But on average, we're about 10 to 20 bucks, and we do about a million transactions, sorry, a million dollars of volume a day.”

“And we think that within a few years, you know, this is at least a billion dollar top line business.”

“So it varies based on the category and the seller, but on average, our take rate is about 25%.”

“So to date we've raised thirty-five million and most recent round was twenty-one million dollars that was really Once the company, you know, the company's been profitable, as I mentioned, been sort of operating at breakeven, and we raised 20, twenty one millio…”

“We've got, you know, over thirty million dollars of cash in the bank today and we can spend aggressively.”

“But now today we've got, you know, millions of consumers coming every day.”

“We essentially are operating at breakeven pace in order to grow as fast as we can.”

“We launched the product in 2012. So this is our sixth year. And we've essentially doubled the business every year since we started.”