TerminusDB
product on 1 show · 8 statements across 1 episodes · said 7 times in 1 episodes since 2022
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Getting 1,000 active developers beats making $100k in early platform revenue
“Well, that's a really good question, you know, cause we're, we'd be more, if you said to me, I could get an extra thousand developers up on the platform building really interesting things versus another a hundred K in revenue. I chose the thousand, thousand de…”
TerminusDB raised a $3.5M seed round at a $10.5M pre-money valuation
“We did a seed then with Volta Ventures in the lead. They're a Dutch VC. And we raised about 3.5 total of a valuation of about 10 pre, 10, 10.5 pre.”
TerminusDB doubled its monthly recurring revenue from $10k to $20k
“We were about 10 K and now we're about 20 K. So we've done about a hundred percent.”
TerminusDB includes all enterprise features in its free open-source version
“I mean, we're fully open source now. So basically we sell a hosted version of the open source software. We don't have enterprise features that aren't available in the open source right now.”
Half of TerminusDB's 700 cloud users are paying customers
“I'd say about 50% of those are paying customers and about 50% are on the free tier in the cloud.”
TerminusDB sees 700,000 open-source downloads but only 700 cloud users
“So we have about 700 people up on the cloud version, but we have about 700,000 downloads of our open source version as well.”
TerminusDB pivoted to open source because top-down enterprise sales grew slowly
“Like when we came out of university first, we were very much an enterprise sort of company. We tried to do large scale graph installations to solve big enterprise problems, like, you know, predicting how many, how much stock you need to have in your physical w…”