Last year, we processed a billion dollars in gross ticket sales and had over a million events on the platform, but day-to-day, I'm focused on how we can continue to grow in the right way and think about the culture and the people.

We recently assisted the government with ticket sales during the Spring Festival, prioritizing the needs of millions of people over profit, demonstrating our commitment to social responsibility.

Our marketing budget is relatively small, around $50 million a year, and we often take advantage of opportunities like billboard inventory to maximize our reach without overspending.

Our advertising business has grown significantly, from 40 million AR in ad revenue last year to over 200 million AR this year, indicating strong market demand.

Our revenue primarily comes from advertising and a small amount from transaction fees, as we focus on building a large user base of small businesses.

We currently have 20 paying customers and have generated about $200,000 in annual revenue, while raising a round of $1.5 million.

In hindsight, we shouldn't have launched with a free service in the first place; we ended up becoming a truly premium model based on ticket prices. We won't monetize a free product, which allows us to undercut our competitors and led to thousands of free events being published on our platform.

We targeted major events like the Democratic National Convention and the World Cup to bootstrap our growth, focusing on PR and word of mouth.

Our growth strategy includes organic growth and acquisitions; we built a strong brand through sports sponsorships and created a robust loyalty program to cross-sell our services.