Disclosure certainty 3/5 debate potential 1/5

Data Duopoly has 8 to 9 months of cash runway

Tanavi Ethanandan · An Incubator took 25% But Helped These Co-Founders Merge, Raise Seed, and Hit 3 Paying Customers · Dec 2, 2021 · at 10:19

Tanavi Ethanandan is the co-founder and CEO of Data Duopoly, discussing the company's financial burn rate and runway with Nathan Latka.

0:00 / 0:06exact quote · 6.2s

720p mp4 · rendered on demand · StarZero watermark

“We sort of have about a runway in the bank account, probably for around another eight to nine months, actually.”

quote is from the automated transcript, cleaned for reading: filler sounds and stutters are removed, nothing is rephrased. names can be misheard (the analysis reads context, assessments check outside sources). how →

More from Tanavi Ethanandan

Disclosure

Incubator Launchpad took a 24.9% equity stake at inception

“It was 24.9% at the beginning.”

Tanavi Ethanandan Dec 2, 2021 ▶ 6:45 An Incubator took 25% But Helped These Co-Founders Merge, Raise Seed, and Hit 3 Paying Customers

Disclosure

Data Duopoly prices on 12-month fixed contracts, not per visitor

“No, we charge on a 12 month based contract. So it means it doesn't matter how many visitors are using it. We want to encourage as many people as possible to keep using the platform.”

Tanavi Ethanandan Dec 2, 2021 ▶ 13:49 An Incubator took 25% But Helped These Co-Founders Merge, Raise Seed, and Hit 3 Paying Customers

Disclosure

Data Duopoly charges medium-sized venues £30k annually

“So it really depends on the size of the venue. So we're looking at around 30,000 pounds or medium sized venue to even higher depending on the scale.”

Tanavi Ethanandan Dec 2, 2021 ▶ 2:27 An Incubator took 25% But Helped These Co-Founders Merge, Raise Seed, and Hit 3 Paying Customers

Disclosure

Data Duopoly targets venues with over 250,000 annual visitors

“Really, it's a number of visitors. So we would normally work with clients that have around more than 250,000 visitors visiting every year.”

Tanavi Ethanandan Dec 2, 2021 ▶ 2:52 An Incubator took 25% But Helped These Co-Founders Merge, Raise Seed, and Hit 3 Paying Customers

Disclosure

Data Duopoly raises £250k seed round during COVID

“We then managed to secure our first seed round of a quarter of a million pounds.”

Tanavi Ethanandan Dec 2, 2021 ▶ 5:27 An Incubator took 25% But Helped These Co-Founders Merge, Raise Seed, and Hit 3 Paying Customers

Disclosure

The European Space Agency backed Data Duopoly's seed round

“So we managed to get backing from the European Space Agency for our seed round.”

Tanavi Ethanandan Dec 2, 2021 ▶ 6:02 An Incubator took 25% But Helped These Co-Founders Merge, Raise Seed, and Hit 3 Paying Customers

Data Duopoly has 8 to 9 months of cash runway

More from Tanavi Ethanandan

Turn any episode into a week of clips.