People, every show

Hamid Shojaee

Founder & CEO, Savvy Trader. On 1 show, 1 appearance. The Shows tab opens the full record on each.

founderexecutiveinvestorhost@hamids ↗hamidshojaee.com ↗

Hamid Shojaee is a serial tech entrepreneur who founded developer tool company Axosoft, creator of GitKraken, and live-chat platform Pure Chat, both of which were acquired in 2021. Today, he leads investment-sharing platform Savvy Trader, co-hosts the investing podcast Buy Hold Rant, and backs Arizona startups through AZ Disruptors.

What they said11 Shows1

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

TOP FOUNDERS Assertion Not checkable as stated

PureChat doubled user growth after shifting to a mostly free model

“So we went to this sort of mostly free live chat model about three months ago and we've doubled the rate of growth as a result of that.”

Hamid Shojaee Apr 8, 2018 ▶ 7:59 988 Livechat on Website Wars

TOP FOUNDERS Assertion Not checkable as stated

Shojaee: PureChat reached breakeven with $1.3M in ARR

“And we basically for all practical purposes, we're at breakeven point right now. And we're about 1.3 million in revenues right now.”

Hamid Shojaee Apr 8, 2018 ▶ 4:39 988 Livechat on Website Wars

TOP FOUNDERS Assertion Not checkable as stated

Shojaee: PureChat has over 4,000 paying customers

“So we actually have over 4000 paying customers right now.”

Hamid Shojaee Apr 8, 2018 ▶ 5:31 988 Livechat on Website Wars

TOP FOUNDERS Assertion Not checkable as stated

Shojaee: PureChat is growing revenue about 70% year over year

“We are up about 70% year over year.”

Hamid Shojaee Apr 8, 2018 ▶ 8:27 988 Livechat on Website Wars

TOP FOUNDERS Assertion Not checkable as stated

PureChat reports 3.8% to 4% monthly churn on paid accounts

“We have about 3.8, just around four percent attrition rate. So a monthly.”

Hamid Shojaee Apr 8, 2018 ▶ 10:45 988 Livechat on Website Wars

TOP FOUNDERS Assertion Not checkable as stated

PureChat customer LTV is slightly over $2,000

“That's about like 2000 dollars, a little over 2000 dollars is what where we're at like right now.”

Hamid Shojaee Apr 8, 2018 ▶ 11:20 988 Livechat on Website Wars

TOP FOUNDERS Disclosure

PureChat spends $600 to $700 to acquire a $99/month customer

“We're willing to spend as much as a third of the lifetime value. So about, you know, six, 700 dollars on average to acquire a paying customer at the 99 dollar per month rate.”

Hamid Shojaee Apr 8, 2018 ▶ 11:37 988 Livechat on Website Wars

TOP FOUNDERS Disclosure

Shojaee rejects hypothetical $3M acquisition offer for PureChat

“No, no, absolutely not. We raised at a higher valuation than that.”

Hamid Shojaee Apr 8, 2018 ▶ 13:26 988 Livechat on Website Wars

TOP FOUNDERS Assertion Not publicly verifiable

PureChat raised funding at a $5.5M pre-money valuation

“We did a five and a half free.”

Hamid Shojaee Apr 8, 2018 ▶ 13:40 988 Livechat on Website Wars

TOP FOUNDERS Assertion Not checkable as stated

Shojaee: PureChat, Axosoft, and GitKraken are multimillion-dollar SaaS businesses

“It used to be part of Axosoft, but we broke it up into its own company called PureChat. But yeah, each one is a multi-million dollar SaaS SaaS company, essentially.”

Hamid Shojaee Apr 8, 2018 ▶ 1:29 988 Livechat on Website Wars

TOP FOUNDERS Assertion Supported

Shojaee: PureChat raised $1.5M angel round in Arizona

“No we did an angel round for about one and a half million locally in Arizona.”

Hamid Shojaee Apr 8, 2018 ▶ 4:03 988 Livechat on Website Wars

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

Show	Role there	Eps	Statements	Record
TOP FOUNDERSLEDGER	Founder & CEO, Savvy Trader	1	11	100% 1/1	full record on Top Founders →