Guy Gotslak: We’re interested in providing fractionalized metals like gold and silver. We have plans to put that on the platform. Especially in times like this, more people are buying metals. Gold is doing well. That will allow us to stay stable. From a client standpoint, it helps people get access to diversification. Even if
Sramana Mitra: How many enterprise customers do you have right now? Ben Spring: Well over a hundred. We’ve been super fortunate to onboard Fortune 500 companies, lots of governments, lots of schools, and colleges. We’ve done some really rewarding work with the education of Scotland to provide training to 14 and 15-year-olds to break into
Sramana Mitra: How many crypto traders are on the system? Guy Gotslak: We’re in the thousands so far. Each individual contributes a good amount because the average IRA that comes in is $25,000 to $50,000. We’re already in the thousands of users and growing. Sramana Mitra: What is your business model? Guy Gotslak: We take
Sramana Mitra: What was happening with the business? Were the conversation rates increasing? Was the number of users increasing and how? Ben Spring: It was completely organic. We were incredibly lucky. It was just word-of-mouth. We really tried to make a great user experience and understand the user’s problem. At the time, I was constantly
In case you missed it, you can listen to the recording of this roundtable here:
During this week’s roundtable, we had as our guest Pawel Maj, Investment Director, Warsaw Equity Group. We discussed post-seed and pre-series A funding in Eastern and Central Europe in the context of his firm’s investment thesis. Matomela Group For our entrepreneur pitches, we first had Mthetho Phakathi, from Pretoria, South Africa, pitch Matomela Group, a
Sramana Mitra: To what extent did the consulting business help you in this new project? Guy Gotslak: A lot. I was customer-focused. I wanted to get personalized services to our clients. We ended up getting acquired by a software company that does personalization where the idea is to help give personalized digital experiences. It can
Sramana Mitra: When you finished university, what point were you at? Ben Spring: I can’t remember now. It must have been 10,000 users. Sramana Mitra: All free still? Ben Spring: We introduced a pay-as-you-go model. You can pay per course. After talking to users, we found that it wasn’t the best model for us, so