Latergram

12 statements across 2 episodes · 3 bullish · 0 bearish · 2 people on the record · first statement Mar 6, 2016 by Matt Smith · said 1 times in 1 episodes since 2016 · across every show →

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Everything said about Latergram, oldest first

Mar 6, 2016
Assertion Not checkable as stated
Latergram operates without any paid customer acquisition
“No, we don't do any paid acquisition at this point.”
Matt Smith Mar 6, 2016 ▶ 14:18 How Latergram.me Grew to $50k/mo, 500,000 users, $1.2m Raised in Episode 190 with Matt Smith
Mar 6, 2016
Assertion Not checkable as stated
Smith personally emailed nearly 20,000 pre-launch Latergram sign-ups
“I think I personally emailed all, almost all 20,000 of people those signups, and spent, you know, most of my evenings writing these emails, ah, and engaging with people, and I think when people see, you know, a founder doing that, they say, and they like the p…”
Matt Smith Mar 6, 2016 ▶ 9:48 How Latergram.me Grew to $50k/mo, 500,000 users, $1.2m Raised in Episode 190 with Matt Smith
Mar 6, 2016
Assertion Not checkable as stated
Latergram averages approximately 5% monthly churn
“Our churn has been a bit variable recently. There's been a lot of a lot of competitors coming to the space, but on average we're looking at about five percent.”
Matt Smith Mar 6, 2016 ▶ 13:27 How Latergram.me Grew to $50k/mo, 500,000 users, $1.2m Raised in Episode 190 with Matt Smith
Mar 6, 2016 neutral
Disclosure
Resolute, Aspect Ventures, and Hiten Shah invested in Latergram's seed
“We did raise more money later on and sort of close out the seed round. Resolute founders, Heaton Shaw, invested some money and then also Aspect Ventures, so they're you know, Teresa Gao, and Jennifer Swanstead, and Lauren and Claudney put some money in as well…”
Matt Smith Mar 6, 2016 ▶ 19:07 How Latergram.me Grew to $50k/mo, 500,000 users, $1.2m Raised in Episode 190 with Matt Smith
Mar 6, 2016
Assertion Not checkable as stated
Latergram counts roughly 40,000 monthly active users
“We're looking at about 40,000 monthly active right now.”
Matt Smith Mar 6, 2016 ▶ 12:48 How Latergram.me Grew to $50k/mo, 500,000 users, $1.2m Raised in Episode 190 with Matt Smith
Mar 6, 2016
Assertion Not checkable as stated
Latergram crosses $50,000 in monthly recurring revenue in early 2016
“Just over a 50 K. Okay.”
Matt Smith Mar 6, 2016 ▶ 11:01 How Latergram.me Grew to $50k/mo, 500,000 users, $1.2m Raised in Episode 190 with Matt Smith
Mar 6, 2016 positive
Assertion Not checkable as stated
Canadian government subsidies cover 80% of Latergram's tech salaries
“80% of our salaries for tech is covered by the government.”
Matt Smith Mar 6, 2016 ▶ 12:01 How Latergram.me Grew to $50k/mo, 500,000 users, $1.2m Raised in Episode 190 with Matt Smith
Mar 6, 2016 positive
Assertion Not checkable as stated
Rocketship.vc used a growth algorithm to find and cold-email Latergram
“Cold emailed us, wanted to put money in, said they liked what they're doing. Apparently, so they say there's some of the guys that really early investors in Facebook so back when Facebook was like, you know, eight employees or something like that and they deve…”
Matt Smith Mar 6, 2016 ▶ 16:18 How Latergram.me Grew to $50k/mo, 500,000 users, $1.2m Raised in Episode 190 with Matt Smith
Mar 6, 2016 neutral
Disclosure
Latergram raised a $1.2 million seed round
“It was 1.2.”
Matt Smith Mar 6, 2016 ▶ 15:59 How Latergram.me Grew to $50k/mo, 500,000 users, $1.2m Raised in Episode 190 with Matt Smith
Mar 6, 2016
Assertion Not checkable as stated
Latergram has 3,000 to 4,000 paying customers
“I think we're in like the three to 4000 range.”
Matt Smith Mar 6, 2016 ▶ 13:15 How Latergram.me Grew to $50k/mo, 500,000 users, $1.2m Raised in Episode 190 with Matt Smith
Mar 6, 2016
Assertion Not checkable as stated
Latergram approaches 500,000 registered users
“We're closing in on half a million, so just shy of that.”
Matt Smith Mar 6, 2016 ▶ 12:37 How Latergram.me Grew to $50k/mo, 500,000 users, $1.2m Raised in Episode 190 with Matt Smith
Jun 19, 2016 bullish
Assertion Supported
Latergram reached $50,000 monthly recurring revenue with 500,000 users
“They just passed 50 grand per month in revenue with 500,000 users.”
Nathan Latka Jun 19, 2016 ▶ 6:23 How to Capture 150 New Emails Leads From Instagram Daily, EP 302: Nathan Chan
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