StarZero All shows Try the podcast clipper →

Ivan Smolnikov

6 statements across 1 episodes · 2 bullish · 0 bearish · 1 people on the record · first statement May 11, 2018 by Ivan Smolnikov · across every show →

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

Everything said about Ivan Smolnikov, oldest first

May 11, 2018
Disclosure
Smartcat raised a $4M seed after bootstrapping with $5M prior profits
“Right now, not much, actually just four million dollars because it was pre revenue around a year and a half ago. It was like seed round. But before that, we invested close to five million dollars from our own profits within two years when we started to develop…”
Ivan Smolnikov May 11, 2018 ▶ 5:13 1021 How He Solved Translation Marketplace Space and Grew 7x YoY to $24m in Revenue
May 11, 2018
Assertion Not checkable as stated
Smartcat customers spend an average of $10,000 monthly
“On average, it's about 10 K but there are customers who are paying us, like, 100 K or 200 K even.”
Ivan Smolnikov May 11, 2018 ▶ 3:23 1021 How He Solved Translation Marketplace Space and Grew 7x YoY to $24m in Revenue
May 11, 2018 bullish
Assertion Not checkable as stated
Smartcat accounts expand by 30% to 35% year-over-year on average
“I would say close to 30, 35.”
Ivan Smolnikov May 11, 2018 ▶ 13:30 1021 How He Solved Translation Marketplace Space and Grew 7x YoY to $24m in Revenue
May 11, 2018
Assertion Not checkable as stated
Smartcat generates 85% of revenue from marketplace and 15% from SaaS
“Actually, around 10, 15% is coming from SaaS model, and around 85% is coming from marketplace model, because we are more focused on it right now.”
Ivan Smolnikov May 11, 2018 ▶ 4:31 1021 How He Solved Translation Marketplace Space and Grew 7x YoY to $24m in Revenue
May 11, 2018 neutral
Assertion Not checkable as stated
Smartcat operates without a sales team and relies on inbound adoption
“We don't have sales team because we have a lot of customers coming because of that technology, you know, and then we see if a customer is starting to grow, a customer success team is focusing on them to help them grow better.”
Ivan Smolnikov May 11, 2018 ▶ 13:51 1021 How He Solved Translation Marketplace Space and Grew 7x YoY to $24m in Revenue
May 11, 2018 bullish
Assertion Not checkable as stated
Smartcat retains approximately 95% of its paying customers
“Actually right now, because we have not so many paying customers, the retention is around 95%. If you mean lower retention.”
Ivan Smolnikov May 11, 2018 ▶ 13:08 1021 How He Solved Translation Marketplace Space and Grew 7x YoY to $24m in Revenue
Made with StarZero

Turn any episode into a week of clips.

This entire site, over 2,600 episodes transcribed, diarized, checked and made playable, runs on the StarZero media pipeline. Drop in your own episode and the podcast clipper finds the moments worth sharing, cuts them, captions them, and reframes them for every feed.

Try the podcast clipper Learn more