BuildFire

12 statements across 3 episodes · 3 bullish · 0 bearish · 3 people on the record · first statement Oct 24, 2017 by Ian Blair · said 20 times in 5 episodes since 2017 · across every show →

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brought up most by Nathan Latka (17), Ian Blair (2), Andrew Gazdecki (1)

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Everything said about BuildFire, oldest first

Oct 24, 2017
Disclosure
Blair: BuildFire has raised about $2.5M in capital
“We've raised about two and a half million so far.”
Ian Blair Oct 24, 2017 ▶ 5:03 822: SaaS: 25 Years Old and $250k+ in MRR, Here's Trick to Starting With No Developers
Oct 24, 2017 positive
Assertion Not checkable as stated
Blair: BuildFire reached nearly $200K pure SaaS MRR in late 2016
“Yeah, that would be you know, close to the 200 mark.”
Ian Blair Oct 24, 2017 ▶ 8:17 822: SaaS: 25 Years Old and $250k+ in MRR, Here's Trick to Starting With No Developers
Oct 24, 2017
Disclosure
Blair: BuildFire's monthly logo churn hovers between 3% and 5%
“Pure logo churn is about five. I can hover anywhere from like three to five percent.”
Ian Blair Oct 24, 2017 ▶ 14:14 822: SaaS: 25 Years Old and $250k+ in MRR, Here's Trick to Starting With No Developers
Oct 24, 2017 positive
Assertion Not checkable as stated
Blair: BuildFire broke $1M annual revenue run rate in 2015
“In 2015, let's see, 2015, I think that's when we broke the one million a year mark”
Ian Blair Oct 24, 2017 ▶ 5:47 822: SaaS: 25 Years Old and $250k+ in MRR, Here's Trick to Starting With No Developers
Oct 24, 2017
Disclosure
Blair: BuildFire has grown purely through inbound marketing without outbound sales
“We haven't really had a direct sales effort yet. A lot of SaaS companies early on, that's how they start out. And, you know, we were fortunate to really do inbound marketing well and provide us with a whole slew of customers early on.”
Ian Blair Oct 24, 2017 ▶ 16:25 822: SaaS: 25 Years Old and $250k+ in MRR, Here's Trick to Starting With No Developers
Oct 24, 2017
Assertion Not checkable as stated
Blair: BuildFire receives hundreds of thousands of monthly website visitors
“We have, you know, hundreds of thousands of people on our month or on our site each month.”
Ian Blair Oct 24, 2017 ▶ 12:09 822: SaaS: 25 Years Old and $250k+ in MRR, Here's Trick to Starting With No Developers
Oct 24, 2017
Assertion Not checkable as stated
Blair: BuildFire's ARPU ranges between $350 and $500 per month
“I would say on average, it's probably about three, 54. Yeah. Maybe 500 a month.”
Ian Blair Oct 24, 2017 ▶ 9:49 822: SaaS: 25 Years Old and $250k+ in MRR, Here's Trick to Starting With No Developers
Oct 24, 2017 positive
Assertion Not checkable as stated
Blair: BuildFire acquires DIY customers for $25 to $30 CAC
“So like, for example, like the DIY customers, you know, it's like 25, 30 bucks. It's really cheap.”
Ian Blair Oct 24, 2017 ▶ 15:41 822: SaaS: 25 Years Old and $250k+ in MRR, Here's Trick to Starting With No Developers
Oct 24, 2017
Disclosure
Blair: BuildFire spends just over $10,000 monthly on paid advertising
“We're doing a little over 10,000 a month on paid.”
Ian Blair Oct 24, 2017 ▶ 12:19 822: SaaS: 25 Years Old and $250k+ in MRR, Here's Trick to Starting With No Developers
Oct 24, 2017
Assertion Not checkable as stated
Blair: Scaled white-label reseller to $300k ARR in 12 months
“We ended up building up a 300,000 dollar recurring revenue stream in 12 months.”
Ian Blair Oct 24, 2017 ▶ 4:07 822: SaaS: 25 Years Old and $250k+ in MRR, Here's Trick to Starting With No Developers
Jan 12, 2018 neutral
Assertion Supported
App builder competitor BuildFire started as a Bizness Apps partner
“Build fire for one used to be a partner of ours.”
Andrew Gazdecki Jan 12, 2018 ▶ 13:04 902 SaaS: Bootstrapped BiznessApps Passes $17m in ARR, 3000 Agency's Building SMB Mobile Apps
Mar 4, 2019
Assertion Not checkable as stated
Latka: BuildFire Reached $2.4M 2017 Revenue and $300k Monthly MRR
“Since launching BuildFire in 2012, Ian has raised 2.5 million in investor funding and has 31 employees at age 25. His annual revenue in 2017 was 2.4 million dollars and his current monthly recurring revenue is 300,000 dollars per month.”
Nathan Latka Mar 4, 2019 ▶ 4:16 Fast Trick: How Your Competitors Are Getting Customers
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