Gina Tost, co-founder of Geenapp, discloses the company's funding history to Nathan Latka.
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“We raised 100,002 years ago. No, one year and a half ago. And, but the rest is based of all in our performance.”
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More from Gina Tost
AssertionNot checkable as stated
Tost: Geenapp generated $750,000 in revenue in January 2016
“In, in total revenue was 750,000.”
Gina TostMar 25, 2016▶ 5:35No One Is Talking About This Multi-Million Dollar Tech Company in Barecelona with Gina Tost of GeneApp Episode 238
Disclosure
Tost: Geenapp spends nothing on marketing and relies purely on organic growth
“No, we don't track this because nowadays everything is organic. We are not spending anything on marketing.”
Gina TostMar 25, 2016▶ 11:24No One Is Talking About This Multi-Million Dollar Tech Company in Barecelona with Gina Tost of GeneApp Episode 238
AssertionNot checkable as stated
Tost: Geenapp works with 350 advertisers and over 700 sources
“We are working with 350 advertisers. And we are working with more than 700 sources.”
Gina TostMar 25, 2016▶ 4:19No One Is Talking About This Multi-Million Dollar Tech Company in Barecelona with Gina Tost of GeneApp Episode 238
AssertionNot checkable as stated
Tost: Geenapp takes a 10% to 30% cut on ad spend
“Well, we take a percentage, for example, from 10 to 30%.”
Gina TostMar 25, 2016▶ 4:53No One Is Talking About This Multi-Million Dollar Tech Company in Barecelona with Gina Tost of GeneApp Episode 238
AssertionNot checkable as stated
Tost: Geenapp's average monthly invoice per advertiser is $1,000
“When I invoice them monthly, our advertiser, the invoice average is 1000.”
Gina TostMar 25, 2016▶ 10:51No One Is Talking About This Multi-Million Dollar Tech Company in Barecelona with Gina Tost of GeneApp Episode 238
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