Everything Kevin Moenne-Loccoz said on any show that made the record, most notable first. Each card names its show and opens the statement there.
Lemlist hired early videographers and delayed hiring salespeople until $1M ARR
“We had a team of up to 10 people in the video team out of a hundred, out of 80 to a hundred people and that was a significant investment compared to most of the SaaS companies that you see. Even at the beginning of the company, I think it was the second or the…”
Lemlist turned down $20M and $30M investment offers to remain fully bootstrapped
“And then all of that, of course, attracted a lot of investors' attention, where we had a twenty million dollar investment proposal that we turned down before turning down a thirty million dollar investment, simply because we don't need the funds.”
Lemlist reaches $23M ARR and day-one profitability with zero outside funding
“So we're currently at twenty three million dollars in annual recurring revenue with approximately 10,000 free trials per month, a bit over that, with zero dollars in funding, profitable since day one, with five SaaS products and about 80 employees.”
Lemlist serves 50,000 customers and refuses to move upmarket to enterprise
“All of this with 50,000 customers worldwide, focusing on SMBs. We're not going up markets, and we're focusing on bringing as much value as possible as small businesses.”
Lemlist sold Lempod at $600K ARR before LinkedIn banned engagement pods
“We sold that business when it was doing 600 K in annual recurring revenue, and it was right before LinkedIn completely went against the pods and were very aggressive against them, so I don't recommend using pods anymore, even if Lempod is still active from the…”
Lemlist found Product Hunt launches are becoming less effective for software distribution
“But as we do more Product Hunt launches, the impact, unfortunately, is going down, and it's not as effective as it was before.”
Lemlist has operated with 35% to 45% EBITDA margins since day one
“We're profitable since day one. We have between 35 and 45% of EBITDA margins, and we don't need A board or investors to force us into a specific direction.”
Lemlist spin-off product born from a Facebook group discussion generates $2M ARR
“The first one is creating a whole product, generating today two million dollars in annual recurring revenue, just based on a community discussion that we had within our Facebook group, within the community that we built.”
Lemlist sold nearly $200K in digital courses over a 10-day period
“We ended up selling close to 200 K worth of courses within 10 days, so it was two launches of five days each.”
Lemlist drives software sign-ups by operating 6 to 10 employee LinkedIn accounts
“So we have today between six and 10 accounts posting on a regular basis on LinkedIn, getting a lot of views, a lot of engagements, which means a lot of sign-ups and a lot of visibility when we have a product update, new resources that we want to showcase to ou…”
Taplio and Tweet Hunter grew from under $1M to $6M post-acquisition
“It's, I think, doing close to six million dollars in revenue. When we acquired it was doing less than a 1,000,000”