“You know, we have grown organically until now. We haven't invested anything in paid acquisition, so not making it free was not really an option for us, you know.”
quote is from the automated transcript, cleaned for reading:
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More from Marie Martens
Insight
Martens: Competitive markets are easier for small bootstrapped teams
“And so for us, it seemed easier to go in a very competitive market. You know, there's demand but where we can just grab that small percentage of the market. And if we can manage to do that, that's already huge for us because, you know, we're so small, we don't…”
Marie MartensJun 11, 2024▶ 8:07Episode 717 | Bootstrapping to $1.3M ARR and 300,000 Free Users
AssertionNot checkable as stated
Marie Martens: Tally reaches $1.3M ARR with 4,500 paying customers
“Yeah, we now have around 300,000 users worldwide using, using Tally. Most of them are free. We have around 4500 paying customers and that kind of results in 1.3 million ARR today.”
Marie MartensJun 11, 2024▶ 3:10Episode 717 | Bootstrapping to $1.3M ARR and 300,000 Free Users
AssertionNot checkable as stated
Marie Martens: Tally operates with only two co-founders and one part-time freelancer
“So we're actually like two and a half people. I would say we don't have any full-time employees yet. That will change soon though. So it's basically me and Philip. Philip is my technical co-founder, but also my partner in life. And then we have yeah, freelance…”
Marie MartensJun 11, 2024▶ 3:43Episode 717 | Bootstrapping to $1.3M ARR and 300,000 Free Users
AssertionNot checkable as stated
Martens: Tally Achieved Around 20% Response Rate on Early Cold DMs
“And we managed, like we, I think we got around a 20% response rate to our cold outreach, which is pretty crazy.”
Marie MartensJun 11, 2024▶ 16:49Episode 717 | Bootstrapping to $1.3M ARR and 300,000 Free Users
AssertionSupported
Martens: Jotform and Typeform Are Continuously Raising Prices and Moving Upmarket
“A JotForm, Typeform, they're only, especially Typeform, they're only raising their prices. So they're moving away. They're moving up market.”
Marie MartensJun 11, 2024▶ 21:24Episode 717 | Bootstrapping to $1.3M ARR and 300,000 Free Users
Disclosure
Martens: Tally Has No Near-Term Plans to Raise Its $29/Month Pricing
“It's not something that we're planning to change in the near future, because we feel like we can grow a lot more with what we're doing now, but maybe one day, but it's not something that is on the table right now.”
Marie MartensJun 11, 2024▶ 22:06Episode 717 | Bootstrapping to $1.3M ARR and 300,000 Free Users
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