Everything Ali Tajsekandar said on any show that made the record, most notable first. Each card names its show and opens the statement there.
Tajsekandar: Early-stage technical founders must code less and sell more
“To my 28 or twenty-nine-year-old, when I started Wishbone, I would say code less and sell more. I think I was a coder way too long.”
Wishpond achieves a $500 outbound CAC against a $5,000+ LTV
“On the sales side of it when it's outbound I would say cost of winning an account is around 500 dollars, and then the average long-term value of those deals is north of 5000 dollars.”
Tajsekandar: 50% to 100% ARR growth commands 6x to 10x multiples
“Honestly, it depends on your growth curve, right? So I think if we execute the way we're planning, 50% for next year, or 5200% next year, then the multiples can be six to 10.”
Wishpond CEO Ali Tajsekandar: ARR is between $6M and $10M
“What I can tell you is what we are around right now. We're basically in the, if I want to give you a range, it would be around, you know, somewhere between six and ten million.”
Wishpond raised its entire $3M funding from a single angel investor
“We ended up raising around three million dollars from him.”
Wishpond Has Around 2,500 Paying Customers
“There's around 2500 paying customers right now.”
Tajsekandar: 70% to 80% of Wishpond Revenue Is Pure SaaS
“In terms of our revenue, I would say 70 to 80% of it is pure SaaS software.”
Wishpond monthly logo churn is slightly under 2%
“Well we track it on the monthly, so it's around a little bit shy of two percent monthly.”
Wishpond has not yet reached net negative revenue churn
“We haven't hit a net negative churn yet.”
Wishpond subscribers expand their spend by around 25% in year two
“I would say average they would start, you know, second year it goes, you know, another 25%, something along around that.”
Wishpond's blog draws up to 300K monthly visitors and 300K subscribers
“On our blog, we get around 200 to 300,000 visitors a month. And we have around 300,000 subscribers to our blog as well.”
Wishpond grew 25-30% year-over-year and targets 50% growth next year
“So we grew by around 25 to 30% versus last year, and our plan for next year is 50%.”
Wishpond launched with an initial angel check of just $80,000
“It was, at the beginning, it was very little. It was like 80,000 dollars, just enough for me who had just got married and was finishing my MBA to sustain my life.”