ApproveIt

8 statements across 1 episodes · 4 bullish · 0 bearish · 1 people on the record · first statement Jan 11, 2023 by Serge Gusev · said 27 times in 1 episodes since 2023 · across every show →

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brought up most by Nathan Latka (27)

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Everything said about ApproveIt, oldest first

Jan 11, 2023 bullish
Prediction Not checkable as stated
Gusev: ApproveIt will 'definitely' reach $100k MRR in 2023
“Do you think you can break a 100,000 bucks a month in revenue this year sometime? Yes, definitely.”
Serge Gusev Jan 11, 2023 ▶ 15:34 How They Used #1 Product Hunt Launch to Hit $20k+ MRR for Expense Management Tool inside Slack
Jan 11, 2023
Disclosure
ApproveIt's #1 Product Hunt launch yielded only 20-30 new users
“I would say, yes, somewhere between like, 20 to 30 new users, and among those, some paying customers, I would say around 10%.”
Serge Gusev Jan 11, 2023 ▶ 3:50 How They Used #1 Product Hunt Launch to Hit $20k+ MRR for Expense Management Tool inside Slack
Jan 11, 2023
Disclosure
ApproveIt is currently raising a $1 million funding round
“We're raising the million right now.”
Serge Gusev Jan 11, 2023 ▶ 13:18 How They Used #1 Product Hunt Launch to Hit $20k+ MRR for Expense Management Tool inside Slack
Jan 11, 2023 neutral
Disclosure
Gusev: ApproveIt ACV averages between $1,000 and $5,000
“Let's say somewhere between thousand to 5000 dollars per year.”
Serge Gusev Jan 11, 2023 ▶ 6:26 How They Used #1 Product Hunt Launch to Hit $20k+ MRR for Expense Management Tool inside Slack
Jan 11, 2023 positive
Assertion Partly supported
Gusev: ApproveIt is listed on Slack, Jira, QuickBooks, and Xero marketplaces
“So we already listed on Slack marketplace. We also got listed on Jira marketplace. Listen, they added QuickBooks and Zero marketplace. We get some organic audience from there.”
Serge Gusev Jan 11, 2023 ▶ 10:35 How They Used #1 Product Hunt Launch to Hit $20k+ MRR for Expense Management Tool inside Slack
Jan 11, 2023 positive
Assertion Not checkable as stated
ApproveIt's #1 Product Hunt launch brought in its first investors
“And at that time, we got like number one product of the day on Product Hunt. We also got a lot of positive feedback, first paying customers, first investors.”
Serge Gusev Jan 11, 2023 ▶ 3:26 How They Used #1 Product Hunt Launch to Hit $20k+ MRR for Expense Management Tool inside Slack
Jan 11, 2023 bullish
Assertion Not checkable as stated
Gusev: ApproveIt grew revenue 4x year-over-year
“I would say, yeah, we grow four times. So like it's 400%.”
Serge Gusev Jan 11, 2023 ▶ 16:02 How They Used #1 Product Hunt Launch to Hit $20k+ MRR for Expense Management Tool inside Slack
Jan 11, 2023 neutral
Disclosure
ApproveIt shifts to seat-based pricing for companies over 50 employees
“It depends on the team size, but yeah, for like the bigger teams, teams of more than 50 employees, we charge per number of seats. And for smaller teams, we have a tier, so it's like how much approval requests you can make per month. That's like a 99 dollars ti…”
Serge Gusev Jan 11, 2023 ▶ 6:42 How They Used #1 Product Hunt Launch to Hit $20k+ MRR for Expense Management Tool inside Slack
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