1218 This Browser Notification Company Just Hit 400 Customers, $600k ARR

SaaS Interviews with CEOs, Startups, Founders

Nathan Latka

Ceo, Entrepreneurs, Founders, Software, Business, Entrepreneurship, Saas, Startups

4.6 • 683 Ratings

🗓️ 24 November 2018

⏱️ 16 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

2X Founder with experience of building martech products. Experience of working across telecom, education and martech and building products that touched over 100Mn users. Passionate about how mobile and web are shaping the future. On the sidelines, I love cycling and catching up with my favorite podcast shows.

Transcript

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0:00.0	Subscription is the way forward. He's doing $54,000 per month in Pure Play SaaS revenue from
0:05.8	400 customers paying north of 100 bucks per month for his browser notification system that he's created.
0:12.1	They got a team of 32 people based mostly in India. Economics, negative 3% net negative monthly
0:18.4	revenue churn, which is obviously super healthy lifetime value north of 13 months and $3,000.
0:24.3	Payback period less than nine months.
0:26.4	They're growing quickly and he's doing it bootstrapped, which I love.
0:30.0	This is the top entrepreneurs podcast where founders share how they started their companies and got filthy rich or crash and burn.
0:41.3	Each episode features revenue numbers, customer counts, and other insider information that creates
0:48.1	business news headlines. We went from a couple hundred thousand dollars to two point seven million.
0:53.9	I had no money when I started the company.
0:55.9	It was $160 million, which is the size of any IPOs.
0:59.3	We're a bit strapped.
1:00.2	We have like 22,000 customers.
1:04.2	With over 5 million downloads in a very short amount of time,
1:08.4	major outlets like Inc are calling us the fastest growing business show on iTunes.
1:13.3	I'm your host, Nathan Latka, and here's today's episode.
1:17.8	Hello, everyone.
1:18.3	My guest today is Vuk Kendallwall.
1:20.3	He is a two-time founder with experience of building MARTEC products.
1:24.3	He's got experience of working across telecom education and MART building products that have touched over a hundred million users. He's passionate
1:30.1	about how mobile and web are shaping the future. And on the sidelines, he loves cycling
1:33.0	and catching up with his favorite podcasts. Vivek, are you ready to take us to the top?
	...

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