Filestage

12 statements across 1 episodes · 2 bullish · 1 bearish · 1 people on the record · first statement Nov 17, 2018 by Nicholas Dorn · said 25 times in 1 episodes since 2018 · across every show →

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brought up most by Nathan Latka (24), Nicholas Dorn (1)

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Everything said about Filestage, oldest first

Nov 17, 2018 neutral
Disclosure
Filestage's smaller accounts have an average LTV of $1,500 to $2,000
“So for the smaller ones, it's between 1502 thousand, something like that on average.”
Nicholas Dorn Nov 17, 2018 ▶ 14:02 1211 Finally an easy way for teams to edit videos, creative, doing $40k in MRR
Nov 17, 2018
Assertion Not checkable as stated
Nicholas Dorn says Filestage generated roughly $5,000 in MRR a year prior
“A year ago we were like, I don't know, making maybe 5000 MRRs.”
Nicholas Dorn Nov 17, 2018 ▶ 5:20 1211 Finally an easy way for teams to edit videos, creative, doing $40k in MRR
Nov 17, 2018
Disclosure
Nicholas Dorn says a typical Filestage agency client pays $100 monthly
“At the moment, like the typical smaller agency is paying around 100 dollars a month and the enterprise is paying more than its custom plans.”
Nicholas Dorn Nov 17, 2018 ▶ 3:32 1211 Finally an easy way for teams to edit videos, creative, doing $40k in MRR
Nov 17, 2018 negative
Disclosure
Filestage sees 6% to 7% monthly revenue churn on small accounts
“Six percent, seven percent, something like that.”
Nicholas Dorn Nov 17, 2018 ▶ 10:11 1211 Finally an easy way for teams to edit videos, creative, doing $40k in MRR
Nov 17, 2018 positive
Disclosure
Filestage's monthly churn rate drops to 2.5% for larger client accounts
“And in this sector, we have like a churn rate of two percent to 2.5%, something like that.”
Nicholas Dorn Nov 17, 2018 ▶ 10:39 1211 Finally an easy way for teams to edit videos, creative, doing $40k in MRR
Nov 17, 2018
Assertion Not checkable as stated
Nicholas Dorn estimates Filestage's customer acquisition cost at 300 to 400 euros
“Last time I calculated it was around, I think, 304 hundred euros.”
Nicholas Dorn Nov 17, 2018 ▶ 7:04 1211 Finally an easy way for teams to edit videos, creative, doing $40k in MRR
Nov 17, 2018
Disclosure
Nicholas Dorn says Filestage spends zero on external marketing and ads
“At the moment we have zero marketing spendings at external costs, so no Facebook, advertising, anything like that. So zero here, and then we have internal costs. And this is like, we have two, two full-time people doing marketing for us. And then it's me in sa…”
Nicholas Dorn Nov 17, 2018 ▶ 6:27 1211 Finally an easy way for teams to edit videos, creative, doing $40k in MRR
Nov 17, 2018 positive
Disclosure
Nicholas Dorn says Filestage has experienced zero enterprise customer churn
“In enterprise, we never had any churn so far in, let's say in mid-market we had, yes, so agencies and so on, but these were then people that were like saying, okay, it doesn't fit with our customer base.”
Nicholas Dorn Nov 17, 2018 ▶ 13:25 1211 Finally an easy way for teams to edit videos, creative, doing $40k in MRR
Nov 17, 2018
Disclosure
Nicholas Dorn says Filestage raised $600,000 in seed funding
“600 K.”
Nicholas Dorn Nov 17, 2018 ▶ 7:41 1211 Finally an easy way for teams to edit videos, creative, doing $40k in MRR
Nov 17, 2018
Disclosure
Nicholas Dorn says Filestage employs approximately 11 full-time team members
“Around 11 people. Full time, and then a couple of other people, yeah.”
Nicholas Dorn Nov 17, 2018 ▶ 7:49 1211 Finally an easy way for teams to edit videos, creative, doing $40k in MRR
Nov 17, 2018
Disclosure
Filestage relies mainly on automated cold emails and customer referrals
“Main acquisition channels at the moment are really like cold mailing. So automatic cold mailings. And the other thing is like really like getting referrals from customers, really what works well for us.”
Nicholas Dorn Nov 17, 2018 ▶ 5:33 1211 Finally an easy way for teams to edit videos, creative, doing $40k in MRR
Nov 17, 2018
Assertion Not checkable as stated
Nicholas Dorn says Filestage has approximately 400 paying customer teams
“We have a customer base of around 400 paying customers. So teams.”
Nicholas Dorn Nov 17, 2018 ▶ 4:50 1211 Finally an easy way for teams to edit videos, creative, doing $40k in MRR
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