Around.io

9 statements across 1 episodes · 2 bullish · 2 bearish · 1 people on the record · first statement Dec 21, 2017 by Natwar Maheshwari · said 8 times in 1 episodes since 2017 · across every show →

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Everything said about Around.io, oldest first

Dec 21, 2017 negative
Assertion Not checkable as stated
Around.io previously suffered from 9% to 10% monthly logo churn
“I have been to like nine percent and 10% lower churn, and that was not a good place.”
Natwar Maheshwari Dec 21, 2017 ▶ 3:52 880 SaaS: Why Is This Engineer Competing in Highly Competitive Space?
Dec 21, 2017
Assertion Not checkable as stated
Maheshwari: Around.io is 100% remote with its entire team in India
“So a hundred percent virtual meaning a lot of them are in India. Actually all of them are in India at the moment because I was there.”
Natwar Maheshwari Dec 21, 2017 ▶ 14:51 880 SaaS: Why Is This Engineer Competing in Highly Competitive Space?
Dec 21, 2017 positive
Assertion Not checkable as stated
Around.io monthly gross logo churn is between 3.5% and 4%
“Gross logo churn is around three point, Five percent right now 3.5 and four.”
Natwar Maheshwari Dec 21, 2017 ▶ 3:36 880 SaaS: Why Is This Engineer Competing in Highly Competitive Space?
Dec 21, 2017 bearish
Disclosure
Maheshwari: Slow growth over three years makes raising VC nearly impossible
“I would not consider it at the moment because we are at a place that it's very, very, it's going to be very tough, right? If I go to an investor right now and say I've been alive for more than three and a half years, and now I would raise funds, they're going …”
Natwar Maheshwari Dec 21, 2017 ▶ 13:25 880 SaaS: Why Is This Engineer Competing in Highly Competitive Space?
Dec 21, 2017 neutral
Assertion Not checkable as stated
Maheshwari: Around.io generates over $7,500 in MRR
“We were doing like 5005 1200 MRR at the time. We are doing a little more than 7500 right now.”
Natwar Maheshwari Dec 21, 2017 ▶ 10:21 880 SaaS: Why Is This Engineer Competing in Highly Competitive Space?
Dec 21, 2017
Disclosure
Around.io founder Natwar Maheshwari currently takes zero salary
“I do not pay myself right now. I was paying myself last year, and then I realized if I want to grow this, I really have to take myself Stuff out.”
Natwar Maheshwari Dec 21, 2017 ▶ 6:14 880 SaaS: Why Is This Engineer Competing in Highly Competitive Space?
Dec 21, 2017
Disclosure
Maheshwari: Around.io took eight months to reach 30 customers at $20 pricing
“It took us, like eight months to get to 30 customers, and at that time, we priced the tool twice as All the, so the buffer was 10 dollars at the time, and we were pricing it at 20 dollars, just because you want to build something for a niche, and we wanted to …”
Natwar Maheshwari Dec 21, 2017 ▶ 5:21 880 SaaS: Why Is This Engineer Competing in Highly Competitive Space?
Dec 21, 2017 positive
Disclosure
Maheshwari: Founder personally manages 95% of Around.io's customer support
“I still handle like 95% of the customer service right now because it's very, very, very important for us to make sure our customers Understand that we take this shit very, very, very seriously.”
Natwar Maheshwari Dec 21, 2017 ▶ 11:31 880 SaaS: Why Is This Engineer Competing in Highly Competitive Space?
Dec 21, 2017
Assertion Supported
Around.io charges $30 monthly on Shopify with a 20% platform fee
“We have a app on Shopify platform. So it's like 30 dollars a month. So people, when people use our app, that's what they pay us. I mean, of course, Shopify keeps that cut off 20%, but we get the rest.”
Natwar Maheshwari Dec 21, 2017 ▶ 14:25 880 SaaS: Why Is This Engineer Competing in Highly Competitive Space?
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