Weebly

“We probably did 50,000 in sales in a handful of months, something like that.”

“With weeks, it's 75 K annual revenue in total.”

“People do not want to do it in do it yourself mode. Because the websites at the end are crap. You know, when you take a look, you see that, you know, like those websites are crappy, really.”

“So most of it comes through this marketplace freemium distribution model that we have.”

“Actually about 80% of what we offer is completely free. And then it's very honest. If you like the service it starts at four dollars a month all the way up to about 35 dollars a month.”

“No, most people are sort of somewhere in that like eight to 15 dollar a month price range.”

“And you know, today we actually have more cash in the bank than we've raised.”

“So, so, so I'll start by saying that that we've had substantially all of our growth has been via word of mouth.”

“We see people converting six years later for the first time, someone who signed up for the first time, who has been consistently using the service, who's paying us for the first time six years later.”

“We're over fifty million people that are using Weebly.”

“About three hundred twenty-five million people every single month visit one of those websites or online stores that were created by those entrepreneurs. I think that's really cool. That's a global number, just the US component of that represents about half of …”

“When we first started to introduce our first paying subscription, which was Weebly Pro, and when we first introduced that I think it was in June of 2008. We saw a conversion rate of just under .5%.”

“Grew the company to fifty million users and around 350 employees. Sold the square in May of this year for three hundred sixty five million.”

“And probably one of my favorite stats is that half of the US population visits a Weebly site every single month.”

“This is exactly what you should expect if you get on TechCrunch or any press. It goes straight up, and it's really exciting that day, and then it goes straight back down the next day. And, but at least settles a little bit higher.”

“We raised 650 K on a two million dollar pre-money valuation. So 2.65 post. That was considered above average, slightly above average. We were all very jealous of Dropbox, who had raised a five million dollar post money valuation”

“The best companies will create a market. So if you look at sort of what Weebly's done, if you look at what Airbnb's done, if you look at what Dropbox has done, all, all companies have created their own market. I say this because by definition here, market rese…”

“Well, in, in the summer of 2006, after writing that first line of code I went and pitched Weebly at the New York Tech Meetup, and it was a thousand people. It was, we were kind of alpha stage at that point, and it was in front of a thousand people, and I gave …”

“Even at Weebly scale today, we still sometimes have difficulty with getting statistical significance for some of our tests.”

“So in the early days Weebly had an NPS of 80%.”

“In 2007 and 2008, the prevailing thinking in Silicon Valley was that you should actively not charge money. You should actively be not making money. That was the prevailing thinking. It sounds really, really crazy now. But at the time, the logic went that Twitt…”

“We basically became cashflow positive in January, 2009, and more or less were through the rest of the history of the company.”

“I remember one of our competitors, I won't name them but they're from South Africa and they had raised forty million bucks and we had raised 650 K and they things were not going that great for them. And so they completely ripped off our interface. And they jus…”

“You can't really build like an enterprise level site on, on Squarespace or Weebly or something like that. Whereas like something like WordPress, you can.”

“I wish Posterous actually charged money. That was my blog platform software that I worked on. We probably should have turned it into Something that charged for usage and maybe Posturus instead of getting sold could be around today, perhaps a lot like our frien…”

“So fast forward to today, and Y Combinator has funded 632 startups that now have a combined valuation of over twenty billion dollars, including Dropbox, Airbnb, Weebly, and Stripe.”