Closem

11 statements across 1 episodes · 5 bullish · 1 bearish · 1 people on the record · first statement Sep 9, 2022 by Richard Miles · said 22 times in 1 episodes since 2022 · across every show →

Mentions by year

brought up most by Nathan Latka (12), Richard Miles (10)

mentionsepisodesper episode tap a year for its mentions

2022 22 mentions in 1 episode

$30k in MRR but wouldn't sell for $750k, would you? Sep 9, 2022 · 22 mentions · from 1:15
every mention in 2022, scene by scene →

every mention, scene by scene, with the transcript →

Everything said about Closem, oldest first

Sep 9, 2022 positive

Assertion Not checkable as stated

Miles: Closem is growing 227% year-over-year

“So we're about 227% ahead of last year.”

Richard Miles Sep 9, 2022 ▶ 13:03 $30k in MRR but wouldn't sell for $750k, would you?

Sep 9, 2022 positive

Assertion Not checkable as stated

Miles: Closem lifetime deal users generate revenue via in-app purchases

“They do pay us because we have other, other product, other products. In, in app purchases that they buy.”

Richard Miles Sep 9, 2022 ▶ 7:07 $30k in MRR but wouldn't sell for $750k, would you?

Sep 9, 2022 negative

Assertion Not checkable as stated

Miles: Many users switch to Closem from HubSpot over cost and complexity

“A lot of our users come to us from HubSpot because it's too complicated and too expensive.”

Richard Miles Sep 9, 2022 ▶ 18:21 $30k in MRR but wouldn't sell for $750k, would you?

Sep 9, 2022 bullish

Assertion Not checkable as stated

Miles: Closem has over 1,200 customers

“Over 1200.”

Richard Miles Sep 9, 2022 ▶ 6:45 $30k in MRR but wouldn't sell for $750k, would you?

Sep 9, 2022 positive

Insight

Miles: AppSumo launch provided rapid feedback that accelerated product iteration

“It was a good launch strategy for us because it gave us a lot of really good, very quick, hard feedback about, hey, it ought to do this and it ought to do this and it ought to do this. That really helped us iterate and get to the state that we're in today.”

Richard Miles Sep 9, 2022 ▶ 7:27 $30k in MRR but wouldn't sell for $750k, would you?

Sep 9, 2022

Disclosure

Miles: Closem offered unlimited lifetime deals without tiered upsell caps

“We offered it as with unlimited and we didn't have this sort of like tier that was like, yeah, here's this really great lifetime deal, but it really kind of sucks and you got to pay us more money to get it.”

Richard Miles Sep 9, 2022 ▶ 10:20 $30k in MRR but wouldn't sell for $750k, would you?

Sep 9, 2022

Assertion Not checkable as stated

Miles: Closem costs customers an average of $99 per month

“It's a 99 bucks a month.”

Richard Miles Sep 9, 2022 ▶ 2:17 $30k in MRR but wouldn't sell for $750k, would you?

Sep 9, 2022

Disclosure

Closem relies on Zapier and third-party tools for most software integrations

“That's via Zapier. Connect to Zapier. Yeah, or Connectly, or ConnectZit, or Pavly. So there's a whole bunch of folks who have been building integrations for our product and, you know, you can hook it up to anything.”

Richard Miles Sep 9, 2022 ▶ 15:11 $30k in MRR but wouldn't sell for $750k, would you?

Sep 9, 2022 positive

Assertion Not checkable as stated

Miles: Closem soft launch generated $25k to $30k in sales

“I think we generated about I don't know somewhere around 25, 30,000 dollars in sales.”

Richard Miles Sep 9, 2022 ▶ 6:27 $30k in MRR but wouldn't sell for $750k, would you?

Sep 9, 2022

Disclosure

Closem operates with five staff and two full-time engineers

“We have four or five, five and a half people. Neither my partner or I are technical. We have two, two great developers. yeah, those are full time.”

Richard Miles Sep 9, 2022 ▶ 13:27 $30k in MRR but wouldn't sell for $750k, would you?

Sep 9, 2022 neutral

Disclosure

Closem has stopped selling lifetime deals on AppSumo

“We're not on that platform. We don't do lifetime deals anymore.”

Richard Miles Sep 9, 2022 ▶ 7:44 $30k in MRR but wouldn't sell for $750k, would you?

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