Everything Chris Buttenham said on any show that made the record, most notable first. Each card names its show and opens the statement there.
Obie Generates Approximately $25,000 in Monthly Revenue
“Yeah, we're doing about 25 K a month in revenue.”
Obie Burns Roughly $30,000 Per Month
“We're burning about 30 K a month.”
Obie Raised All Capital on Convertible Notes to Maintain Control
“We've raised all of our money on notes to date, so we still retain control.”
Obie Co-Founders Retain About 60% Ownership
“About 60% of the company.”
Obie's Monthly Customer Churn Is Below 3%
“But now we have churn really stable. It's below three percent a month.”
95% of Obie Sales Come From Inbound Organic Channels
“What is fortunate about our model is that 95% of our sales come inbound organic.”
Obie Customers Pay Between $400 and $600 Per Month
“Between four and 600 dollars a month. Yeah. Depending on the size.”
Obie Has Raised About $750,000 in Total Capital
“We've only raised about 750 K in US.”
Obie Bootstrapped for Its First Three to Four Years
“Three or four years of the company, we bootstrapped.”
Obie Operates With a Team of Five People
“We're only five today.”
Obie Has Approximately 40 Mid-Market Customers
“We have about 40 mid-market customers”
Obie Founders Took Zero Salary for Two Years, Scaled to 80K CAD
“We paid ourselves nothing for the first two years of the company. And then as we started generating revenue, we paid ourselves, I don't know, some poverty level salary, like 30,000 dollars a year Canadian dollars. And then it was 50, and then we got up to like…”
Obie Founders Recently Cut Their Salaries by 20%
“We cut our salaries recently, 20%. But we're in a position now where things look stable.”