I wanted to share a bit more about the "flat fee" goal for the waitlist and the problem I'm trying to solve.
Right now, the way these liquidity funds find customers is incredibly inefficient. Some of these funds spend anywhere from $5,000 to $50,000 every month just to maintain a presence on platforms like Blind. That doesn't even count the cost of their LinkedIn ads or their in-house sales teams who spend all day reaching out to people manually.
Those massive monthly costs are eventually baked into the terms you get. I built StrikeRates so employees can see all their offers side-by-side in one place, rather than spending weeks going to each fund individually.
The goal is to prove to these funds that they can skip the expensive monthly ad spend if they move to a flat-fee model on the platform. Crucially, I am not incentivized by whether a transaction is successful or not. I don't take a cut of the deals. This allows me to stay neutral and just focus on showing you the best data, while the funds compete on their actual rates instead of their marketing budgets.
I wanted to share a bit more about the "flat fee" goal for the waitlist and the problem I'm trying to solve.
Right now, the way these liquidity funds find customers is incredibly inefficient. Some of these funds spend anywhere from $5,000 to $50,000 every month just to maintain a presence on platforms like Blind. That doesn't even count the cost of their LinkedIn ads or their in-house sales teams who spend all day reaching out to people manually.
Those massive monthly costs are eventually baked into the terms you get. I built StrikeRates so employees can see all their offers side-by-side in one place, rather than spending weeks going to each fund individually.
The goal is to prove to these funds that they can skip the expensive monthly ad spend if they move to a flat-fee model on the platform. Crucially, I am not incentivized by whether a transaction is successful or not. I don't take a cut of the deals. This allows me to stay neutral and just focus on showing you the best data, while the funds compete on their actual rates instead of their marketing budgets.