Investor relations
Disappointing returns, reliably delivered.
Three rounds. Eighty-four million dollars. No one knows why. Highlights from our Q1 2026 investor letter below.
Q1 2026 highlights
- ARR: up 214% YoY. (We define ARR loosely. "Annual Regretted Revenue.")
- Net revenue retention: 112% — after churn from users who ghosted us out of embarrassment
- CAC payback: never. But in a good way.
- Burn: whatever Jake thought sounded right on the call
- Runway: long enough for at least one more pivot
- Gross margin: please don't ask
Cap table
Regret Capital
Seed. Led by a partner who now refuses to be named in public materials.
Sigh Ventures
Series A. Their website is just the word "no," in Times New Roman.
Founders Fundisappointment
Series B. They wired the money, then blocked us.
Jake's mom
Pre-seed (unofficial). Still waiting on the $40 she lent him in 2022.
Angel: unnamed
Wishes to remain unnamed. And uncontacted. And unrefunded.
A strategic
A "strategic" investor who we're pretty sure is Jake under another LLC.
Board of directors
- Jake — Chair, CEO, lonely
- One (1) independent director — joins meetings with camera off; has never spoken
- The Plant — non-voting, fake, excellent instincts
- Observer seat — held by Regret Capital; rarely observed
Select financials (unaudited)
2024 2025 2026 (Q1)
Revenue $1.2M $7.8M $5.1M
Gross margin -14% 22% 31%
Net loss -$8.4M -$22.1M -$9.8M
Cash balance $14M $49M $31M
Monthly burn $1.1M $1.9M $3.3M
Jake-related incidents 47 112 amen
Note: the "Jake-related incidents" row in Q1 2026 is reported as "amen" because our CFO stopped updating the spreadsheet in February.
Interested in investing?
Don't be. But if you insist: regret@jakesux.xyz. Include a brief statement explaining why.