Everything Ivan Sabayev said on any show that made the record, most notable first. Each card names its show and opens the statement there.
Sabayev acquired early users by posting from his wife's Facebook account
“So while marketing was for free we used the Facebook groups especially I like the women groups. So I couldn't post from my own account. So I took my wife's account and I started posting from her account on those groups and yeah, got a lot of interest.”
Careerist generates $300,000 to $500,000 in monthly net profit
“So we make around three, four, 500,000 dollars per month. Last month was 300,000 dollars.”
Trucker Path captured 800,000 of the 1.2 million US long-haul truckers
“So there are around like one point two million of them. And around 800,000 were our active users.”
Sabayev: Trucker Path peaked at around $5 million in annual revenue
“On the top, it was around like five million per year.”
Sabayev admits Trucker Path's 2017 sale mostly just returned investor capital
“We don't disclose this but the deal wasn't very good. So basically the deal was mostly to return money to investors.”
Sabayev: Careerist students are split 50-50 between upfront and deferred tuition
“Yeah, right now it's around fifty-fifty so we're becoming more aggressive on the deferred payment options so by balancing, like, the prices and making the terms better but right now it's, like, roughly the same.”
Careerist has reached around 6,000 total customers since 2019
“Ooh, since 2019 I think it's around 6000 customers right now.”
Careerist adds 500 new paying customers every month
“So we have 500 new paid customers every month now.”
Careerist affiliates refer an average of five customers each
“So an average number is five but we have some people who bring us like around like a hundred people.”
Sabayev: Careerist generated $12 million in cash revenue in 2022
“Last year was twelve million.”
Sabayev: Careerist raised around $10 million total from YC and investors
“So totally, we raised around ten million from Y Combinator and a few other investors.”
Sabayev: Careerist targets $25 million in revenue for 2023
“This year we target 25.”
Careerist leverages offshore talent, keeping only 20 of 300 employees US-based
“50 engineers, and well, what's good that most people are outside of the United States so we have only about, like, 20 people in the States, and everybody else is remote”
Careerist spends around $500k per month on marketing
“No, we spent every month we spent around half a million on marketing.”
Sabayev: Careerist charges an average of $4,000 upfront tuition
“On average 4000 dollars.”
Sabayev: Ivan Sabayev holds majority equity among Careerist's three co-founders
“We have three co-founders. I I'm a majority shareholder, and then I have two other co-founders that have equity stock.”
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