I think first and foremost I'm a girl dad at this point and uh I'm a son a husband and uh yeah I love what I do

The essence of meditation is not to quiet the Mind down because you can't but the essence of meditation is observance

Giga Cloud was a term that Larry our CEO and founder came up with to denote big and bulky and Cloud was a term he borrowed from cloud computing

he basically says that in a space the leader of the space creates the competition even though that competition may not be real so if I'm Ser of Simmons you know and I dropped the price on my memory film mattresses that's a Stackelberg competition because me dropping the price forces like a domino effect every other Furniture Company in the space to follow suit even though there is no logical reason.

it says if me and you come to a common crime and we get busted what is the perfect outcome for each of us you know uh obviously the perfect outcome is has a definition the perfect outcome for me means I go free and you get to go to prison so that means if I were to defect and if I were to tell on you put everything on you cut a deal I get to go free and you get to get the sentence let's say five years and you can do the same thing to benefit yourself

so we're talking about supplier fulfilled retail is what this comes down to and that's where a supplier holds the cost of that inventory you're able to access it put it in your store put it on your website sell it and when it sells that's when you pay the supplier

now we're going to have a floor sample and then it's just shipped to somebody's house they're not holding any they don't have warehouses at all is that something that's happening yet not yet but we've made a lot of headways in that sense

The Giga Cloud platform is a way to almost act like a drop shipper in a sense like I'm going to experiment with some different products here that I don't have to hold and then I can see what's going to work and then boom I can place my bets on the table with some deeper inventory than I'm going to get at a a much lower cost

I think you know one the way things are going if you add up like 1.3 to 1.4 1.5 something like that is where we're going to end this year uh like for us we're obviously you know like we have we're very very oh actually one interesting fact Forbes just came out with their list of the most successful small caps company small caps is Define any company with less than 2 billion dollars in market cap uh where do you think you collab ranked in that list top five yep number one

The wondersign is going to be a fantastic tool we're going to get it to uh to a point where it becomes a very very strong asset to the you know to the stores and obviously it's a pipeline so as the store is more successful the suppliers attached to the store will become more successful

Larry is actually very interesting man he's probably not the dokki you know guy but he's like up there he he like one of the most interesting folks out there so he graduated from Yale School of Business uh very very intelligent very articulate uh doesn't know Furniture doesn't know mattresses he knows supply chain he knows organizations he actually uh was the CEO of um an online education company in early 2000s something similar to our pimsler Rosetta Stone but online that was teaching folks like you know various languages and skills online in early 2000s

our marketplace on a B2B front the matching when you and I know other the value goes out the door so we have to offer a lot more to keep the participants engaged because if I know you I can text you on the side I need to pay gig clot 1% to do business so we solve big problems on both ends and we're adding value to the businesses G giving them the opportunity to be more competitive but again I think the biggest challenge is it's complicated it's an it's a it's it's departing from the existing way of doing business

I remember talking to John Anderson and hearing that you know there there are many people doing 30 40 $50,000 a month in incremental sales just from the wond signs those are those are significant numbers yeah yeah I mean like the idea is you know how do we how do we create money outside of our existing ecosystem