Binder

6 statements across 1 episodes · 1 bullish · 0 bearish · 1 people on the record · first statement Oct 9, 2023 by Jacob Apple · said 21 times in 1 episodes since 2023 · across every show →

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brought up most by Nathan Latka (14), Jacob Apple (7)

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2023 21 mentions in 1 episode

He's Spent $2m to Build a Better Quickbooks, Can he hit $1m ARR by Dec? Oct 9, 2023 · 21 mentions · from 0:39
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Everything said about Binder, oldest first

Oct 9, 2023

Disclosure

Jacob Apple personally invested $2.5M to $2.7M into Binder

“Yes, slightly more, two and a half, 2.7.”

Jacob Apple Oct 9, 2023 ▶ 13:06 He's Spent $2m to Build a Better Quickbooks, Can he hit $1m ARR by Dec?

Oct 9, 2023 neutral

Assertion Not checkable as stated

Apple: Binder customers currently pay an average of €500 monthly

“Today, they're paying us about 500 euros a month.”

Jacob Apple Oct 9, 2023 ▶ 8:39 He's Spent $2m to Build a Better Quickbooks, Can he hit $1m ARR by Dec?

Oct 9, 2023

Disclosure

Jacob Apple: Binder spent two years building an accounting app before pivoting

“We spent two years actually building an accounting app to then realize that maybe there was a better opportunity in specifically focusing on this niche when it comes to corporate service providers.”

Jacob Apple Oct 9, 2023 ▶ 6:15 He's Spent $2m to Build a Better Quickbooks, Can he hit $1m ARR by Dec?

Oct 9, 2023

Disclosure

Jacob Apple: Binder team owns 10% and co-founders hold 15%

“No, our team owns about 10%, my co-founders own about 15%, and then I have my old partners from the other business that we exited, who also Put some of their money into, to binders, so they also own a piece.”

Jacob Apple Oct 9, 2023 ▶ 11:33 He's Spent $2m to Build a Better Quickbooks, Can he hit $1m ARR by Dec?

Oct 9, 2023 bullish

Prediction Not checkable as stated

Apple: Binder expects average customer spending to reach €2,000-€3,000 monthly

“So we would expect our average customer to pay us two to 3000 euros a month when we get deep enough with our penetration.”

Jacob Apple Oct 9, 2023 ▶ 9:10 He's Spent $2m to Build a Better Quickbooks, Can he hit $1m ARR by Dec?

Oct 9, 2023

Disclosure

Jacob Apple: Binder spends €100k monthly with 18-person team

“And we're spending about a 100,000 euros a month. It's a theme of 18, mainly developers.”

Jacob Apple Oct 9, 2023 ▶ 12:45 He's Spent $2m to Build a Better Quickbooks, Can he hit $1m ARR by Dec?

Binder

Mentions by year

Everything said about Binder, oldest first

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