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CloudLead

13 statements across 1 episodes · 1 bullish · 1 bearish · 1 people on the record · first statement Apr 15, 2018 by Noman Siddiqui · said 16 times in 1 episodes since 2018 · across every show →

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brought up most by Nathan Latka (15), Noman Siddiqui (1)

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2018 16 mentions in 1 episode

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Everything said about CloudLead, oldest first

Apr 15, 2018 neutral
Disclosure
Siddiqui is funding a $1.5M US expansion entirely from personal savings
“In last seven years, I have significantly saved a decent amount of money that I'm going to use to bootstrap the company versus raising money because raising money is not just getting money.”
Noman Siddiqui Apr 15, 2018 ▶ 10:25 995 Pakistan King of SaaS
Apr 15, 2018
Assertion Not checkable as stated
CloudLead generated $790,000 in revenue from January to November 2017
“From January, 2017 to November, it has been 790,000 dollars thus far.”
Noman Siddiqui Apr 15, 2018 ▶ 14:46 995 Pakistan King of SaaS
Apr 15, 2018 neutral
Assertion Not checkable as stated
CloudLead grew for its first seven years entirely through referrals
“As of now in the last seven years, we've significantly grown from referrals only.”
Noman Siddiqui Apr 15, 2018 ▶ 6:14 995 Pakistan King of SaaS
Apr 15, 2018 neutral
Assertion Not checkable as stated
CloudLead generates roughly $80,000 in monthly recurring revenue
“That's right. Yes.”
Noman Siddiqui Apr 15, 2018 ▶ 2:38 995 Pakistan King of SaaS
Apr 15, 2018
Disclosure
CloudLead raised $150,000 from friends and family for its rebrand
“Last year we raised about a 150,000 dollars from friends and family to relaunch as cloud lead, but that's about it.”
Noman Siddiqui Apr 15, 2018 ▶ 5:18 995 Pakistan King of SaaS
Apr 15, 2018 bullish
Disclosure
CloudLead is allocating $1.5M to launch US sales operations
“So I think we are allocating a budget of at least 1.5 million dollars for the next year to set up a company in the US to hire a team and go live with full-time sales from the US versus Dubai or Karachi.”
Noman Siddiqui Apr 15, 2018 ▶ 10:08 995 Pakistan King of SaaS
Apr 15, 2018 neutral
Assertion Not checkable as stated
CloudLead generated $40,000 to $45,000 in monthly revenue in 2016
“A year ago, it was 40 to 45,000 per month and close to half a million dollars a year.”
Noman Siddiqui Apr 15, 2018 ▶ 5:55 995 Pakistan King of SaaS
Apr 15, 2018 neutral
Assertion Not checkable as stated
CloudLead has grown to 40 full-time enterprise customers
“40. Four zero.”
Noman Siddiqui Apr 15, 2018 ▶ 2:28 995 Pakistan King of SaaS
Apr 15, 2018 neutral
Assertion Not checkable as stated
CloudLead customers pay an average of $2,000 per month
“So it depends from customers to customers on an average. One customer pays us 2000 dollars per month on an average.”
Noman Siddiqui Apr 15, 2018 ▶ 2:11 995 Pakistan King of SaaS
Apr 15, 2018
Assertion Not checkable as stated
CloudLead employs 60+ full-time research analysts to source B2B contacts
“Then we have a team of sixty-plus full-time research analysts that help us source contact names from social sources using the database that we have.”
Noman Siddiqui Apr 15, 2018 ▶ 4:02 995 Pakistan King of SaaS
Apr 15, 2018
Disclosure
CloudLead sold 7% equity for $150,000 to friends and family
“Seven percent of the company.”
Noman Siddiqui Apr 15, 2018 ▶ 5:39 995 Pakistan King of SaaS
Apr 15, 2018 negative
Disclosure
Siddiqui lost up to $20,000 simply by forgetting to invoice customers
“I potentially, I can say that I've lost up to 10 to 20,000 dollars just to customers because I forgot to invoice them.”
Noman Siddiqui Apr 15, 2018 ▶ 14:32 995 Pakistan King of SaaS
Apr 15, 2018
Assertion Not checkable as stated
CloudLead has remained cash flow positive for all seven years
“Oh no, we are cash flow positive, we're not losing money. To date, in the last seven years I've always been positive in terms of you know, profits and making profits.”
Noman Siddiqui Apr 15, 2018 ▶ 15:03 995 Pakistan King of SaaS
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