Llama Life

“It's almost a problem that you have revenue because then people want to harp on you about how low the revenue is when really you should just eliminate the revenue and just focus on user and engagement growth”

“That was the bootstrapped model, and I think that makes a lot of sense for bootstrappers, especially if you're a solo bootstrapper, because, you know, do you want to support a large number of customers that are on free Plans. Or do you want to support a smalle…”

“After working in advertising in New York City, she taught herself to code by watching YouTube videos, then built and bootstrapped Llama Life as a solo founder to 700 paying customers, which we love.”

“So it was a pre-seed round. So it was 2.75 million pre pre money.”

“If you're going to go build a hundred million dollar revenue business, it's not going to be probably from selling today, five dollar per month plans to students in India.”

“It has since raised a pre-seed round from high-profile investor Jason Kassianis.”

“So with demo day actually didn't raise any money from demo day, but it gave me some momentum.”

“So we're at 950 paying customers. So it's not that far off from where the 700 was. And the MRR is at 18, about 1800. MRR US dollars, but we only started charging subscriptions about a year ago”

“Monthly MRR churn, four to six percent. That said, this month has been a little higher, so we're now around eight percent, and I actually tweeted about this a couple of days back.”

“The second you raise, you go on an accelerator, and you go on the VC path, I mean, it is on. It is growth at all costs. It's like, you've got to hit it, and if you don't, your optionality is like nil. It's very small.”

“And then we have, we've had a lot of problems with payments in India, because as you know, like recent regulation in India has really cracked down on subscriptions. So that's been hitting us quite fast. Badly this month”

“So I ended up raising money after the accelerator program closed around very, very, no, actually not long ago, like two months ago. So we're in, I raised 690 K USD.”

“Growth rate wise, we are growing to 20% month on month gross MRR.”