CloudForecast
company on 1 show · 14 statements across 5 episodes · said 30 times in 6 episodes since 2020
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Startups For the Rest of Us 30
2023 1 mention in 1 episode
2022 13 mentions in 2 episodes 7 per episode
2021 15 mentions in 2 episodes 8 per episode
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14 statements about CloudForecast, every show
CloudForecast founder Tony Chan applied three or four times before TinySeed acceptance
“Tony Chan of cloud forecast applied four times, I think before three or four times before getting in and because we had, we can see that journey that he took and like the progress.”
Walling: Founders at large conferences should skip sessions and focus on meetings
“I think you will get benefit from going, either one of you, and probably don't attend the sessions, but just try to line up meetings, talk to existing customers, try to get intros, like, and I talked a little bit about, like, luck surface area, this concept of…”
Chan: CloudForecast revenue plateaued near $450K ARR after losing third-largest client
“Our revenue has been flat year to date, and I think the last time we chatted we were On the progress towards about half a million in ARR, and I think we were around 450 K ARR at the time, but over the past six months, we've had a lot of churn. It's the first t…”
CloudForecast adopts Basecamp's Shape Up framework with six-week sprints
“So we ended up going with the base camp motto of ShapeUp with a six-week sprint, and that's worked out really well for us so far in terms of getting into a rhythm of building out feature requests and having the engineers also feel that it's a short enough peri…”
Walling: Extreme founder frugality becomes detrimental at scale
“Whether it's 400 K ARR, four million or forty million, at a certain point you hit it and you realize, okay, I have to change my thinking and I can't be so frugal all the time. It will actually be detrimental to the business.”
Chan: CloudForecast Lost $25k on Outbound Marketing in 2021 Without ROI
“We talked about outbound, but when we look back in 20, 21, like we blew 25 grand and didn't materialize”
Chan: CloudForecast Operates at Nearly 90% Gross Margins at $420k Revenue
“I mean, at 420 K, you know, we have really high gross margins at close to 90%, right?”
CloudForecast Doubles MRR to $35K with Single Enterprise Deal
“But since the last time we chatted, we closed a really big enterprise opportunity that essentially doubled our MRR to 35 K. So that represents 50% of revenue.”
Walling: CloudForecast was accepted to TinySeed on its third application
“We, we've had many companies apply twice, and we had CloudForecast applied three times and got in on their third time, right?”
Chan: AWS has no incentive to help customers save money
“I don't think they have the incentive of helping people save money.”
CloudForecast declined LAUNCH accelerator's offer over its focus on venture scale
“We interviewed for launch and we got the offer. It was something that we had to talk about because if we went to launch and if you know, Jason Calacanis, he's all about building unicorns and Going through the venture route. And as we learned a little bit more …”
CloudForecast turned down LAUNCH after multiple accelerator rejections in 2018–2019
“So let's go through YC interviewed for YC in 2018 rejected interviewed for tiny seed 2019 rejected applied interviewed For Indie.VC, Ernest Capital, Techstars, Chicago, and Boulder rejected. But in 2019 as well, you applied and interviewed for launch, and you …”
CloudForecast gained its first $1,000 MRR from Hacker News launch
“So half of it was just making things up as we went, but it was a very good opportunity because we did get a lot of signups and we got our first, as mentioned, 1000 dollars in MRR.”