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Michael Cheng

5 statements across 2 episodes · 1 bullish · 0 bearish · 1 people on the record · first statement Nov 18, 2016 by Michael Cheng · said 1 times in 1 episodes since 2016 · across every show →

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

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2016 1 mention in 1 episode

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Everything said about Michael Cheng, oldest first

Nov 18, 2016 neutral
Disclosure
Snip.ly equity is split evenly across its three co-founders
“33% with my two other co-founders.”
Michael Cheng Nov 18, 2016 ▶ 17:18 EP 482: Snip.ly $50k MRR, 1000 Customers For Lead Gen on Social Media Sharing with CEO Michael Cheng
Nov 18, 2016
Assertion Not checkable as stated
Snip.ly LTV is $700 per paying customer and $5 per free user
“Based on the numbers that we do have, and LTV based on two and a half years, so it's not like the cohort's super long, but it's about 700 dollars per customer, and about five dollars per free user.”
Michael Cheng Nov 18, 2016 ▶ 13:30 EP 482: Snip.ly $50k MRR, 1000 Customers For Lead Gen on Social Media Sharing with CEO Michael Cheng
Nov 18, 2016 positive
Disclosure
Cheng uses Google Translate for Snip.ly's multilingual customer support
“I actually really love Google translate. I've, I provide support in multiple languages.”
Michael Cheng Nov 18, 2016 ▶ 17:56 EP 482: Snip.ly $50k MRR, 1000 Customers For Lead Gen on Social Media Sharing with CEO Michael Cheng
Nov 18, 2016
Assertion Not checkable as stated
Cheng grew Snip.ly with zero dollars spent on paid customer acquisition
“We've never invested in a customer acquisition costs outside of my own time. And so we don't do ads or anything like that. We don't pay for any customer acquisition.”
Michael Cheng Nov 18, 2016 ▶ 11:47 EP 482: Snip.ly $50k MRR, 1000 Customers For Lead Gen on Social Media Sharing with CEO Michael Cheng
Jun 2, 2019 neutral
Prediction Not checkable as stated
Lumen5 will run growth experiments for six months before seeking VC
“Right now we have a lot of growth experiments that we want to run to come up with that CAC so we can go to investors and say, hey, let's pump a couple million dollars into these three growth strategies. And I think it'll take me at least six months before I ca…”
Michael Cheng Jun 2, 2019 ▶ 15:24 1408 Quickly Launch Video Creatives With Automatic Tool Lumen5, $100k in MRR
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