Yoose CEO Christian Geissendoerfer explains to Nathan Latka how French unemployment benefits cushioned his transition from corporate life at IBM to founding his startup.
0:00 / 0:04exact quote · 4.1s
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“That's 60% of your last drawn salary for up to two years.”
quote is from the automated transcript, cleaned for reading:
filler sounds and stutters are removed, nothing is rephrased. names can be misheard
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More from Christian Geissendoerfer
Insight
Self-service couponing for small retailers is very difficult to scale
“Initially also we were doing a location based couponing self service platform which technically worked, but from a business model point of view, it's very hard to scale. It's very hard to work with small retailers in a self service.”
Christian GeissendoerferOct 28, 2017▶ 5:31826: AdTech: Bootstrapped to $1m-$10m With 20% EBIDTA Margin
Disclosure
Yoose bootstrapped to over $1 million in revenue with 15 employees
“2016, well, revenue is in a million digit figure we have a team of 15 the majority of the team is based out of Vietnam, and probably important there to know also, to anticipate also your question, it's a bootstrap business. So we didn't go for a venture fundin…”
Christian GeissendoerferOct 28, 2017▶ 6:02826: AdTech: Bootstrapped to $1m-$10m With 20% EBIDTA Margin
Disclosure
Geissendoerfer: Yoose is cashflow positive and reinvesting all earnings
“At this stage, I'm putting all back in the company, so it's all about now, I mean, the company is cashflow positive, and it's all about building that further up.”
Christian GeissendoerferOct 28, 2017▶ 11:43826: AdTech: Bootstrapped to $1m-$10m With 20% EBIDTA Margin
Insight
Geissendoerfer: Chinese-speaking community is key demographic for luxury travel targeting
“For travelers specifically, the Chinese speaking community is quite important as luxury travelers.”
Christian GeissendoerferOct 28, 2017▶ 3:32826: AdTech: Bootstrapped to $1m-$10m With 20% EBIDTA Margin
AssertionSupported
German Accelerator Expands into Southeast Asia via Singapore Hub
“The program exists for expansion into the U.S. Already since five years, and now we're launching this for the whole Southeast Asia, based out of Singapore.”
Christian GeissendoerferOct 28, 2017▶ 15:37826: AdTech: Bootstrapped to $1m-$10m With 20% EBIDTA Margin
AssertionPartly supported
German Accelerator Takes Zero Equity and Charges No Fees to Startups
“It's not capital, but also there's no equity stake or payment from the company, so.”
Christian GeissendoerferOct 28, 2017▶ 15:55826: AdTech: Bootstrapped to $1m-$10m With 20% EBIDTA Margin
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