Plooto
3 statements across 1 episodes · 1 bullish · 0 bearish · 1 people on the record · first statement Aug 14, 2023 by Hamed Abbasi · said 11 times in 1 episodes since 2023 · across every show →
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brought up most by Hamed Abbasi (7), Pablo Srugo (4)
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2023 11 mentions in 1 episode
Everything said about Plooto, oldest first
Aug 14, 2023
Plooto completely failed its 2018 Series A raise due to poor retention
“And when we went to raise our series A, we actually like completely failed because like every investor looked at our usage metrics and they basically came back to us and they're like, well, you know, you have something here, but it's not, Enough for me to, you…”
Aug 14, 2023
Abbasi: I would spend my entire first startup year just interviewing buyers
“If I were to go back and think about, you know, launching the next business idea, I would definitely do that. Then I would just probably spend the first year Not building anything at all and actually just talking to all the potential buyers to really understan…”
Aug 14, 2023 positive
Plooto eliminated its cash burn overnight when 82% of users accepted paywall
“And we were forecasting that maybe 30% of customers would stick around, but over 82% of customers converted in October of 2019 to subscription pricing plus usage. So when that happened, like we literally eliminated our burn overnight.”