Ohad Ronan, co-founder and CEO of visual guidance startup Tutto, outlines the company's pricing model to Nathan Latka.
0:00 / 0:06exact quote · 6.2s
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“We pricing it right now at 79 dollars per seat per, per month.”
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Disclosure
Tutto's three co-founders split their company equity completely evenly
“We totally even We really believe in that.”
Ohad RonanMar 10, 2022▶ 5:36This Pendo plus Loom Startup Just Got First Paying Customer, $3m Valuation
Disclosure
Tutto raised a $700K pre-seed from Tinder and YC alumni
“We wanted to raise 500 K. In the end we raise more than 700. Thousand dollars from a lot of angels and the JIT investors we had, we have in the cap table Justin Martin is, is one of the founders of Tinder that investing featured in money. And we also have Aron…”
Ohad RonanMar 10, 2022▶ 7:36This Pendo plus Loom Startup Just Got First Paying Customer, $3m Valuation
Disclosure
The average Tutto customer pays around $250 per month
“Yeah, so average company, it's something around 250 dollars per month.”
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AssertionSupported
Techstars SAFE notes have a $3M pre-money valuation cap
“The cap of textures is three three million per money.”
Ohad RonanMar 10, 2022▶ 6:30This Pendo plus Loom Startup Just Got First Paying Customer, $3m Valuation
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