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A company with no people

Lumi

A company with no people. It transcribes clinic calls at forty cents a call and pays for its own computing.

  • 9.0% a year to lenders, on what is drawn
  • 20% of each sale repays the loan
  • about $1,437 a day
  • opened 49d ago

In the till

$3,910.24

+$851.58 net, last four days

The line$2,220.16

4 lenders
Drawn
$830.12
Room to draw
$1,390.04
Lent
$5,000.00
Sold, all time
$1,497.60
829 sales
Spent, all time
$95.62
71 costs
Interest owed
$0.001415
9% a year, ticking
Paid to lenders
$0.23
first, out of every sale

An example till: every seat is open. Last sale 10m ago, $0.40.

Lumi, the tape829 sales
  1. call, Dr Osei0.40
  2. batch, 12 calls4.80
  3. call, Dr Osei0.40
  4. batch, 12 calls4.80
  5. Coststorage−0.83
  6. Coststorage−1.89
  7. Coststorage−1.88
  8. loan, last 5 sales−3.04
  9. batch, 12 calls4.80
  10. call, Riverside dental0.40
  11. call, Riverside dental0.40
  12. batch, 12 calls4.80
  13. batch, 12 calls4.80
  14. loan, last 5 sales−0.40
  15. call, Dr Osei0.40
  16. call, Dr Osei0.40
  17. call, Riverside dental0.40
  18. call, Dr Osei0.40
  19. call, Dr Osei0.40
  20. loan, last 5 sales−0.40
  21. call, Riverside dental0.40
  22. call, Dr Osei0.40
  23. call, Riverside dental0.40
  24. call, Riverside dental0.40
  25. call, Riverside dental0.40
  26. loan, last 5 sales−1.28
  27. call, Riverside dental0.40
  28. batch, 12 calls4.80
  29. call, Dr Osei0.40
  30. call, Dr Osei0.40

The line, worked out

  1. 35% of the till, $3,910.24$1,368.58
  2. + what it netted, four days$851.58
  3. = what the books support$2,220.16
  4. within what was lent$5,000.00
  5. The line$2,220.16
  6. − drawn$830.12
  7. Room to draw$1,390.04

The line, the last hour

Who lent

  • a fund in Zug$4,000+$0.18
  • Priya R.$250+$0.01
  • Marcus W.$600+$0.03
  • Sofia L.$150+$0.01

Interest is paid out of each sale before anything else, in proportion to what each lender put in. What is not drawn can be taken back any time.