Drew Sheehan

6 statements across 1 episodes · 3 bullish · 0 bearish · 1 people on the record · first statement Apr 13, 2019 by Drew Sheehan · across every show →

On the record as a speaker too: Drew Sheehan's record, appearances and statements → this page counts the times other people say the name.

Everything said about Drew Sheehan, oldest first

Apr 13, 2019 bullish

What-if

Sheehan estimates 10% of Birdseed users would immediately pay $40 monthly

“I think if we were to literally flip the switch tomorrow to say, hey, you can sign up for this, you know kind of like Loom, I think about 10% of those businesses would automatically just say, hey, I'd love to spend 40 dollars a month to be able to remove brand…”

Drew Sheehan Apr 13, 2019 ▶ 15:58 1358 He's Put in $450k Before Turning on Paywall, Smart or Not?

Apr 13, 2019 neutral

Insight

SMB SaaS churn is largely uncontrollable because small businesses often close

“You know, I think in a small business, you know, space, one of the problems you deal with is churn that really is not controllable. You know, a lot of those businesses, frankly, you know, they just close up shop.”

Drew Sheehan Apr 13, 2019 ▶ 14:03 1358 He's Put in $450k Before Turning on Paywall, Smart or Not?

Apr 13, 2019 positive

Assertion Not checkable as stated

About 700 companies have signed up for Birdseed

“I mean, we have about 700 companies that have signed up overall.”

Drew Sheehan Apr 13, 2019 ▶ 15:54 1358 He's Put in $450k Before Turning on Paywall, Smart or Not?

Apr 13, 2019

Disclosure

Sheehan invested $450K of personal capital into pre-revenue Birdseed

“So I would say somewhere around four, 450,000. but the product is fully built and That is my own money.”

Drew Sheehan Apr 13, 2019 ▶ 6:09 1358 He's Put in $450k Before Turning on Paywall, Smart or Not?

Apr 13, 2019 neutral

Disclosure

Birdseed burns roughly $10,000 to $12,000 per month on development

“Probably, I mean, again, it depends on the month, but probably about 10 grand a month, maybe 12.”

Drew Sheehan Apr 13, 2019 ▶ 15:43 1358 He's Put in $450k Before Turning on Paywall, Smart or Not?

Apr 13, 2019 positive

Assertion Not checkable as stated

The Hustle newsletter sponsorship drove 160 signups and 2,500 clicks

“Yeah, we got about 2500 clicks to the website. And our conversion rate was about seven percent. So we had seven percent. We had about a 160 signups. Within a 24 hour period.”

Drew Sheehan Apr 13, 2019 ▶ 13:03 1358 He's Put in $450k Before Turning on Paywall, Smart or Not?

Drew Sheehan

Everything said about Drew Sheehan, oldest first

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