“Pie assembly takes me about 52 seconds per pie at the moment... if you want to get that to 10 seconds per pie or 5 seconds per pie, we need our own space”
MD
Mikey Deegan
Unit Economics ·
Mikey Deegan · Unit Economics · [Mikey's Pies] Mikey Deegan
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price pies at $16-$17 each, based on $5-$6 cost per pie to achieve ~65% gross margin
$5-$6 cost per pie; 65% margin; $16-$17 price; $15 launch price
“Pie assembly takes me about 52 seconds per pie at the moment... if you want to get that to 10 seconds per pie or 5 seconds per pie, we need our own space”
“So we have slightly different prices for each booth... Bay One, which is the best, it would cost you £30 an hour.”
“We can train rats at a fifth of the price of a trained demining dog… we have demonstrated… we can reduce the cost price per square meter”
“Fine-tuning LoRa, rank 16, on 2,000 rows per arm, one epoch… 50 answers to each of 16 held-out questions at temperature 1, giving 800 answers per run.”
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