Everything Akshat Chaudhry said on any show that made the record, most notable first. Each card names its show and opens the statement there.
Chaudhry: BlogVault builds a better product than Automattic
“So Automatic is the company, yes. And we would love to, yeah, we think we have a better product than them.”
Chaudhry: Top Bangalore senior engineers at BlogVault earn up to $100,000
“It can go to a 100,000 dollars.”
BlogVault's profit-sharing prioritizes tenure over seniority
“So for example, if you are a very senior person, but you have only spent a year in BlogVault, then the then the profit share would be lower than a person who is, who might be junior than you, but has spent five years at BlogVault.”
Chaudhry: BlogVault allocates over 20% of annual profits to employee profit-sharing
“It's higher than that. Yeah, it's higher than that.”
Chaudhry: BlogVault Will Break $10M Revenue Within a Couple Years
“It's very difficult, but within a couple of years, definitely.”
BlogVault relies on organic acquisition, not the WordPress marketplace
“We actually don't get that many signups on the WordPress marketplace. We get it mostly through word of mouth and organic traffic.”
Chaudhry: BlogVault is valued at 4x to 5x revenue
“So maybe, maybe say four to five X revenue is what we would value.”
Chaudhry: BlogVault and MalCare have over 20,000 paying customers
“What we do track is we have more than 20,000 paying customers.”
Chaudhry: BlogVault is fully bootstrapped without outside capital
“Fully bootstrapped.”
BlogVault Paid Hundreds of Thousands in Profit Sharing in 2021
“I mean, I'm not disclosing this is the number, but it's hundreds of thousands of dollars is what we gave to.”
BlogVault Generates a Few Million Dollars Annually, Under $10M
“It's a few million dollars. It's less than 10, but a few million dollars.”
BlogVault Top Enterprise Customers Pay Six Figures Annually
“We have customers who pay us a hundred dollars a year and we have customers who pay us six figures a year.”
Chaudhry: BlogVault is growing revenue at least 30% annually
“We have been growing healthily at least 30% a year.”
Chaudhry: MalCare is the largest product in his SaaS suite
“I think Malcare today is our biggest biggest product.”