Scott Hansbury clarifies YouStake's fee structure and unit economics to Nathan Latka.
0:00 / 0:15exact quote · 15.1s
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“No, no, we're taking, we actually get five percent. There's eight percent added to the raise, but five percent goes to us. That's our fee. And the other 2.9% basically is, is the merchant fee that goes to the, you know, credit card and PayPal and those kinds of companies.”
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“We ended up accepting an offer from Sun Microsystems for four hundred million.”
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“The revenue at that time was right around fifteen million. Annually.”
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AssertionNot checkable as stated
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“There's 2700 users right now, and out of that 2700 users, we've got about 250 of them that are pretty, you know, really active, multiple stakes on multiple people. And then we've got, you know, probably another 150 to 200 that are just, you know, casually here…”
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