Punchbowl acquired Vidhug in 2021 following inbound interest from Sequoia
“You received inbound interest from a lot of investment firms, including Sequoia, including Punchbowl, which is a digital invitation and greedy card platform that wound up acquiring you in 20, 21, I believe is when it finally closed.”
Khan: Vidhug handled one video submission per second in May 2020
“At our peak in May, A video was being submitted to Vidhug every second.”
Vidhug reached six-figure monthly revenue in April 2020
“In April, you did six figures of revenue.”
Walling: VidHug made more revenue in one day than all of 2019
“I hit milestones, more revenue in one hour. Than usual in a day. More revenue in one day than usual in a month. More revenue in one day than all of 2019.”
Walling: VidHug grew from 250 to 5,000 DAUs in March 2020
“Your daily active users goes from, I don't know, approximately 250 a day to 5000 a day by the end of March. So it's not like a 20 x, you know, increase.”
Vidhug reached $1,000 in monthly revenue immediately before the 2020 pandemic
“If we smash cut to February of 2020, right before the pandemic starts, you had Vidhug up to a thousand dollars a month, still on paper use.”
Walling predicted in 2018 that Vidhug would not reach mid-six-figure revenue
“In its current incarnation, do I think Vidhug can be a, you know, a mid six figure business? I don't. And it's just my opinion, right? It doesn't mean I'm right or wrong, but I don't see an angle there as it stands today.”
Khan: Millions in VC Marketing Could Not Match Pandemic Growth
“If we had had millions of dollars of venture funding to do marketing for Vidhug, it still couldn't have done what the pandemic did for it.”
Khan: Bootstrapped B2C Startups Require Rare External Events to Win
“I believe that my journey is an example of what an otherworldly event you need to happen to actually help you win in that space as a bootstrapped founder.”