The Ledger
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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.”
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.”
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…”