Everything K.J. Singh said on any show that made the record, most notable first. Each card names its show and opens the statement there.
Singh: Dil Mil maintains roughly 80% monthly user retention
“Yeah, we're at about 80%.”
Singh says Dil Mil users retain for four months on average
“It's about four months. Industry average is about three months.”
Singh: Over 90% of South Asians marry within their community
“One of the things that's really relevant to South Asian industry, South Asian market is that 90%, over 90% of South Asians marry and date within their community.”
Singh: Dil Mil has raised $3.8M across two funding rounds
“And May, 2015 we raised 1.1 million. Last month we just closed another 2.7 million. So in total we raised 3.8.”
Singh: Dil Mil limited daily likes well before Tinder did
“We were doing this well before Tinder was actually doing this in terms of limiting their likes because Tinder had, for the longest time had unlimited”
Singh: Dil Mil's average subscription is at least $10 per month
“So, you know, various different pricing points, but our average right now is at least 10 dollars a month.”
Singh: Dil Mil is at a $500,000 annual revenue run rate
“So we, we're at a half a million run rate right now annually.”
Singh: Dil Mil shut off all paid marketing to grow organically
“We actually have shut off all paid marketing for now and are growing organically right now.”
Singh aimed for Dil Mil to reach $1M ARR by late 2016
“We're trying to get closer to a million.”
Singh: Dil Mil's customer lifetime value is around $40
“And you know, about looking at around 40 dollars.”
Singh: Dil Mil raised its first two rounds using SAFE notes
“So they were using this instrument called a safe. So they were convertible instruments. So they were not price rounds.”