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Eugene Wu

CEO & Co-founder, Venngage. On 1 show, 1 appearance. The Shows tab opens the full record on each.

founderexecutiveengineer@wooyi ↗LinkedIn ↗venngage.com ↗

Eugene Woo is the founder and CEO of Venngage, a visual communications platform launched in 2012 for creating infographics and reports. Prior to Venngage, he created Vizualize.me, an infographic resume platform that won Startup Weekend Toronto.

1shows
1appearances
12statements
0resolved
0supported
0contradicted

Everything Eugene Wu said on any show that made the record, most notable first. Each card names its show and opens the statement there.

Wu: Cash-flowing SaaS companies should avoid VC and follow the Basecamp model
“The real reason is like, I'm pretty happy running the company cashflow. Like I don't know, to be honest, if you're cashflow positive and you can be profitable and you can grow at a sustainable rate, Why? And you're growing at a decent rate enough that you know…”
Eugene Wu Dec 31, 2017 ▶ 22:41 890 SaaS: Self Serve Infographics Tool Hits $250k MRR
TOP FOUNDERS Assertion Not checkable as stated
Wu: Venngage has over one million users but ignores vanity metrics
“Users. We have like in the millions, like I honestly don't track three users just cause it's a vanity number, but it's over a million. I don't know what it is at the moment. We hit a million a while ago and I have not kept track.”
Eugene Wu Dec 31, 2017 ▶ 8:19 890 SaaS: Self Serve Infographics Tool Hits $250k MRR
TOP FOUNDERS Assertion Not checkable as stated
Wu: Venngage reaches approximately $250K in monthly recurring revenue
“Around there. We're about two 50 in in MMR. Yeah.”
Eugene Wu Dec 31, 2017 ▶ 8:38 890 SaaS: Self Serve Infographics Tool Hits $250k MRR
Wu: Test keyword conversions with Google AdWords before committing to SEO
“We buy AdWords first just to make sure those words convert. And before we go all in on, on, on, on organic.”
Eugene Wu Dec 31, 2017 ▶ 14:01 890 SaaS: Self Serve Infographics Tool Hits $250k MRR
TOP FOUNDERS Assertion Not checkable as stated
Wu: Venngage experiences approximately 10% monthly logo churn
“It's about like 10%.”
Eugene Wu Dec 31, 2017 ▶ 18:17 890 SaaS: Self Serve Infographics Tool Hits $250k MRR
TOP FOUNDERS Disclosure
Wu aims to grow Venngage into a $100M+ company over 10 years
“I want to grow this to like a hundred million plus company. So would you, I mean, obviously we're talking about very long-term here. I'm not talking about in the next, You know, two or three years. I'm talking about next 10 years.”
Eugene Wu Dec 31, 2017 ▶ 21:55 890 SaaS: Self Serve Infographics Tool Hits $250k MRR
TOP FOUNDERS Disclosure
Venngage launched with $50K from Jolt and government grants
“So we had, you know, there, we had some initial money from Accelerator, like, 50,000 dollars from Jolt. And then we got, you know, a couple of smaller grants from the government. So, but it's mainly bootstrapped.”
Eugene Wu Dec 31, 2017 ▶ 7:20 890 SaaS: Self Serve Infographics Tool Hits $250k MRR
TOP FOUNDERS Assertion Not checkable as stated
Wu: Paid acquisition represents under 10% of Venngage's customer acquisition
“Our the paid portion of the is less than 10%.”
Eugene Wu Dec 31, 2017 ▶ 19:37 890 SaaS: Self Serve Infographics Tool Hits $250k MRR
TOP FOUNDERS Prediction Not checkable as stated
Wu: Venngage aims for $300k MRR by year-end 2017
“My targets around 300 by the end of this year.”
Eugene Wu Dec 31, 2017 ▶ 20:07 890 SaaS: Self Serve Infographics Tool Hits $250k MRR
TOP FOUNDERS Disclosure
Wu retains approximately 70% equity ownership in Venngage
“Around air, actually.”
Eugene Wu Dec 31, 2017 ▶ 20:55 890 SaaS: Self Serve Infographics Tool Hits $250k MRR
TOP FOUNDERS Assertion Not checkable as stated
Wu: Vizualize.me reached 500,000 registered users in its first year
“Like the first year, I think we had like 15, sorry, like half a million users signed up.”
Eugene Wu Dec 31, 2017 ▶ 3:21 890 SaaS: Self Serve Infographics Tool Hits $250k MRR
TOP FOUNDERS Assertion Not checkable as stated
Wu: Early Venngage had under five enterprise customers paying $1.5k–$5k monthly
“So we managed to get a few customers that when I met a few, I met like less than five who were paying us Between like 1500 and like 5000 dollars a month to use our tool, which was a lot of money for us.”
Eugene Wu Dec 31, 2017 ▶ 10:41 890 SaaS: Self Serve Infographics Tool Hits $250k MRR

One line per show, most statements first. The link opens Eugene's full record on that show: the calibration, argument clarity, speaking style and every statement made there.

ShowRole thereEpsStatementsRecord
TOP FOUNDERSLEDGER CEO & Co-founder, Venngage 1 12 full record on Top Founders →
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