Allan Guiloff
- CEO and Co-Founder at Shipit
GetLatka interview
How Shipit Reached $6M GMV in 2023 After Downsizing from 110 to 25 Employees (Interview with CEO Allan Guiloff)
Allan Guiloff (CEO and Co-Founder of Shipit) spoke to Nathan Latka on July 12, 2023.
Shipit figures from the interview
- GMV (2023)
- $6M
- Customers (2023)
- 800
- Take Rate (2023)
- 26%
- Team Size (2023)
- 25
“Yeah, 13. And then 2022, we sold 6,000,000. So, the hell happened? Basically, like I said, political and economic, the pension funds, the government approved four different withdrawals of the pension funds. There was massive inflation. With this inflation came along like interest rates, a surge in interest rates. Retailers saw a decrease in their sales and my sales depend on the retail sales.”
“And probably as an EBITDA, like bottom line, like you say, it's gonna be like 500,000.”
“We were raising 10,000,000 at the 13 pre money valuation. And out of those 10,000,000, 5 were for, like, working capital and 5 were for to purchase a Mexican company.”
Bio
Commercial Engineer from the University of Chile, experienced in business incubation, and a passionate entrepreneur and sports enthusiast 🏢🚀🏉 - Co-founded Shipit, a successful business that achieved over 12MM USD in annual revenue with a team of 110 people, operating in 2 markets (Chile and Mexico) 🚢💼💰🌎 - Possesses extensive knowledge of the eCommerce market, Shopify, and the SMB market in Latin America 🛍️💻🌎