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SaaS Interviews with CEOs, Startups, Founders

1763 $4m ARR Company Burned $1.7m Last Year, Good or Bad?

SaaS Interviews with CEOs, Startups, Founders

Nathan Latka

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

4.6683 Ratings

🗓️ 22 May 2020

⏱️ 16 minutes

🧾️ Download transcript

Summary

Maciej Zawadziński – CEO of Piwik PRO and Clearcode; analytics and advertising technology expert; entrepreneur and startup founder.

Maciej is an expert in analytics and advertising technology and founder of several successful companies. He has led Clearcode to its position as a leading software house building custom advertising and marketing technology and in 2013 founded Piwik PRO, a privacy-compliant analytics platform. He advocates for better data privacy rights as a supporting expert at the Panoptykon Foundation.

Transcript

Click on a timestamp to play from that location

0:00.0

Founded in 2013, they are a privacy-friendly alternative to Google Analytics, currently doing

0:05.6

call it $360,000 per month in revenue, about 200 customers paying between $1,500 and $2,000 per month.

0:13.6

They've done this by raising just $2 million in capital.

0:17.1

They're currently burning about $120,000 per month, but they make up that loss with

0:21.2

revenues from a different company, which is their agency that is fueling the growth of this

0:25.5

tech company, which is very exciting, 105 people exclusively on the tech team of which 40

0:29.5

are engineers, eight are quota-carrying sales reps, economics, unit economics on this side of the

0:34.9

business, 98% net revenue retention, spending $7 to $10,000 to

0:39.1

get a new customer for a five to eight month payback period.

0:43.7

Nathan Lacka here, guys, and if you're enjoying the podcast, remember, there's a premium version

0:47.3

with even more.

0:48.1

You get early access to episodes, so you would have heard this almost four weeks ago.

0:52.5

There's 1,500 searchable transcripts by data

0:54.9

points like revenue greater than a million or located in the United States or bootstrap SaaS

1:00.4

companies only. If you want to help out right now, head to getlaka.com or check out the show

1:05.1

notes for a link. Your support also helps us to continue to produce high quality shows in the future.

1:11.3

Hello, everyone. My guest today is Amak Zawajinsky. He is the CEO of P-W-W-P-W-Row.

1:16.7

And ClearCode, analytics and advertising technology, expert, entrepreneur, and startup founder.

1:21.7

Macek, you ready to take us to the top?

1:23.7

Yeah, yeah, definitely. Thanks for having me.

1:26.3

You bet. So privacy-friendly alternative to Google Analytics, P-W-I-W-I-K-P-R-O, tell us how a customer is using you and how do you charge for the product?

1:36.5

Sure, sure. So we are a privacy-friendly alternative to Google Analytics, and we charge 20, like, our average subscription is 20 to 50k a year it's a yearly

...

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