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Jimmy Kim

17 statements across 2 episodes · 5 bullish · 0 bearish · 1 people on the record · first statement Feb 20, 2018 by Jimmy Kim · across every show →

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

Everything said about Jimmy Kim, oldest first

Feb 20, 2018
Assertion Not checkable as stated
Kim: Sendlane's average customer pays $23 per month
“Right now it's 23 dollars.”
Jimmy Kim Feb 20, 2018 ▶ 1:52 941 From Affiliate Marketer to $150k MRR SaaS Entrepreneur
Feb 20, 2018
Disclosure
Kim: Spends just one hour weekly managing Doodly media
“The only thing I do personally is I spend one hour on Saturdays taking care of media.”
Jimmy Kim Feb 20, 2018 ▶ 13:05 941 From Affiliate Marketer to $150k MRR SaaS Entrepreneur
Feb 20, 2018
Assertion Not checkable as stated
Kim: Sendlane's customer lifetime value is under $300
“Right now it's right under 300 bucks right now.”
Jimmy Kim Feb 20, 2018 ▶ 15:38 941 From Affiliate Marketer to $150k MRR SaaS Entrepreneur
Feb 20, 2018
Disclosure
Jimmy Kim: Willing to sell Doodly for $1M to $2M
“I think anywhere from two million dollars, right around one to two million dollars would make me very happy.”
Jimmy Kim Feb 20, 2018 ▶ 13:36 941 From Affiliate Marketer to $150k MRR SaaS Entrepreneur
Feb 20, 2018
Assertion Not checkable as stated
Kim: Sendlane has zero dedicated salespeople besides its CEO
“Zero. Just me.”
Jimmy Kim Feb 20, 2018 ▶ 8:40 941 From Affiliate Marketer to $150k MRR SaaS Entrepreneur
Feb 20, 2018
Assertion Not checkable as stated
Kim: Sendlane's $49+ customers stay 18 months versus 3 for cheaper tiers
“When they're paying 49 or above right now, the stick rate is like 18 months. It's really heavy. When they're under there, that's where all my churn rate comes in. It's like three months.”
Jimmy Kim Feb 20, 2018 ▶ 16:01 941 From Affiliate Marketer to $150k MRR SaaS Entrepreneur
Oct 2, 2020 positive
Assertion Not checkable as stated
Kim: Sendlane customers pay roughly $255 per month
“They're paying about 255 bucks. Roughly a customer now.”
Jimmy Kim Oct 2, 2020 ▶ 10:10 SendLane Hits $5m ARR Helping ECommerce Brands Do Email Marketing
Oct 2, 2020
Disclosure
Kim: Sendlane sets sales representative quotas at $4,000 new MRR monthly
“His MRR was right, roughly 4000 dollars. That's what he needed to hit.”
Jimmy Kim Oct 2, 2020 ▶ 13:11 SendLane Hits $5m ARR Helping ECommerce Brands Do Email Marketing
Oct 2, 2020 neutral
Disclosure
Sendlane raised $3M in equity financing in December 2018
“We did raise in December of 2018. We actually raised some money then as well. So we raised three million dollars.”
Jimmy Kim Oct 2, 2020 ▶ 3:52 SendLane Hits $5m ARR Helping ECommerce Brands Do Email Marketing
Oct 2, 2020 bullish
Assertion Not checkable as stated
Sendlane crossed $420,000 in monthly recurring revenue in August 2020
“We crossed a little bit over 420,000 dollars.”
Jimmy Kim Oct 2, 2020 ▶ 3:31 SendLane Hits $5m ARR Helping ECommerce Brands Do Email Marketing
Oct 2, 2020 neutral
Assertion Not checkable as stated
Kim: Sendlane has roughly 1,650 customers
“We have about 1650 customers roughly.”
Jimmy Kim Oct 2, 2020 ▶ 9:58 SendLane Hits $5m ARR Helping ECommerce Brands Do Email Marketing
Oct 2, 2020 bullish
Assertion Not checkable as stated
Kim: Sendlane infrastructure ownership eliminates per-email sending costs
“We own our own infrastructure, so we don't care. It doesn't actually cost us more money to send more emails out outside of simple server usage.”
Jimmy Kim Oct 2, 2020 ▶ 19:37 SendLane Hits $5m ARR Helping ECommerce Brands Do Email Marketing
Oct 2, 2020 neutral
Disclosure
Kim: Sendlane targets a maximum CAC payback period of eight months
“Eight months. Eight months is my goal is my mindset of goal. Like max, I want to go to eight months payback.”
Jimmy Kim Oct 2, 2020 ▶ 23:31 SendLane Hits $5m ARR Helping ECommerce Brands Do Email Marketing
Oct 2, 2020 neutral
Disclosure
Kim: Sendlane's revenue-based debt carries a roughly 1.3x repayment cap
“I think for us, it's like a 1.3 per 1.3 X roughly. So essentially over a three year term, we're going to pay 1.3 times more than we take took in as money.”
Jimmy Kim Oct 2, 2020 ▶ 8:06 SendLane Hits $5m ARR Helping ECommerce Brands Do Email Marketing
Oct 2, 2020 neutral
Disclosure
Kim: Sendlane pays Lighter Capital 8.5% to 9% of monthly revenue
“For us with lighter than we worked with them, it's a three-year term, right? It's revenue based. So it's based on your revenue and it's tiered buckets based around your revenue. And it, Depending on how much you're making, they're taking a percentage up to abo…”
Jimmy Kim Oct 2, 2020 ▶ 7:00 SendLane Hits $5m ARR Helping ECommerce Brands Do Email Marketing
Oct 2, 2020 positive
Assertion Not checkable as stated
Kim: Sendlane's enterprise tier hits 105% net retention despite 17% logo churn
“Overall churn, entire company running about four percent on the revenue churn, about eight percent on the logo side on overall company, but if we hone down on the revenue where the sales team's operating, which is what we call our pro or enterprise level we're…”
Jimmy Kim Oct 2, 2020 ▶ 18:05 SendLane Hits $5m ARR Helping ECommerce Brands Do Email Marketing
Oct 2, 2020 positive
Insight
Kim: Equity suits acquisitions while debt better finances headcount growth
“If I wanted to go buy a bunch of companies and start acquiring for companies, then I'd probably go take a raise out, right? Because that makes sense. But if I'm looking to grow the company and start adding head count, I think it's much easier to take in 500 50…”
Jimmy Kim Oct 2, 2020 ▶ 6:04 SendLane Hits $5m ARR Helping ECommerce Brands Do Email Marketing
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