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Mini Hotel

18 statements across 1 episodes · 8 bullish · 0 bearish · 1 people on the record · first statement Sep 21, 2023 by Yuval Stockhammer · said 22 times in 1 episodes since 2023 · across every show →

Mentions by year

brought up most by Nathan Latka (22)

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2023 22 mentions in 1 episode

every mention, scene by scene, with the transcript →

Everything said about Mini Hotel, oldest first

Sep 21, 2023 neutral
Disclosure
Mini Hotel invested over $100k to expand into Serbia
“All year round, all 20, 22, we had like more than 100 K US dollars of our own money. We invested just to open up, you know, to advertise, to hire people, to find the office”
Yuval Stockhammer Sep 21, 2023 ▶ 8:38 How this Hotel SaaS Hit $1.3m ARR and 1400 Customers
Sep 21, 2023
Disclosure
Mini Hotel's equity is split 60/40 between father and son
“Because he was there, like one or two years before me, he's like, 60% right now, and I'm 40%.”
Yuval Stockhammer Sep 21, 2023 ▶ 5:30 How this Hotel SaaS Hit $1.3m ARR and 1400 Customers
Sep 21, 2023 positive
Disclosure
Mini Hotel declined an acquisition offer at a 6x revenue multiple
“We get like one offer per month organically, and we declined like a six X multiple recently.”
Yuval Stockhammer Sep 21, 2023 ▶ 14:23 How this Hotel SaaS Hit $1.3m ARR and 1400 Customers
Sep 21, 2023 neutral
Disclosure
Mini Hotel's largest customer pays roughly $400 per month
“Around 400 dollars.”
Yuval Stockhammer Sep 21, 2023 ▶ 19:59 How this Hotel SaaS Hit $1.3m ARR and 1400 Customers
Sep 21, 2023 neutral
Disclosure
Mini Hotel's customer acquisition and onboarding cost is $300 to $400
“A client mostly costs us around three or 400 dollars to implement because we have automated tools that are helping us.”
Yuval Stockhammer Sep 21, 2023 ▶ 16:11 How this Hotel SaaS Hit $1.3m ARR and 1400 Customers
Sep 21, 2023 neutral
Assertion Not checkable as stated
Mini Hotel generated roughly $1M ARR one year prior
“We were about one million.”
Yuval Stockhammer Sep 21, 2023 ▶ 3:46 How this Hotel SaaS Hit $1.3m ARR and 1400 Customers
Sep 21, 2023 neutral
Assertion Not checkable as stated
Mini Hotel walked away from a $7M to $8M buyout offer
“Back then we were at 1.2, so it was between seven and eight million dollars.”
Yuval Stockhammer Sep 21, 2023 ▶ 14:45 How this Hotel SaaS Hit $1.3m ARR and 1400 Customers
Sep 21, 2023 positive
Assertion Not checkable as stated
Mini Hotel was profitable every year since 2007 except 2022
“Since we started the business, we were profitable all years since 2007 till now, except for 2022.”
Yuval Stockhammer Sep 21, 2023 ▶ 6:32 How this Hotel SaaS Hit $1.3m ARR and 1400 Customers
Sep 21, 2023 positive
Assertion Not checkable as stated
Mini Hotel loses a maximum of one customer per month
“We don't have more than one client per month leaving us.”
Yuval Stockhammer Sep 21, 2023 ▶ 17:15 How this Hotel SaaS Hit $1.3m ARR and 1400 Customers
Sep 21, 2023 neutral
Assertion Not checkable as stated
Mini Hotel's average customer pays around $85 per month
“Currently it's around 85 dollars per month.”
Yuval Stockhammer Sep 21, 2023 ▶ 2:23 How this Hotel SaaS Hit $1.3m ARR and 1400 Customers
Sep 21, 2023 positive
Disclosure
Mini Hotel has raised $0 in outside capital since 2007
“Bootstrapped zero dollars since 2007.”
Yuval Stockhammer Sep 21, 2023 ▶ 3:55 How this Hotel SaaS Hit $1.3m ARR and 1400 Customers
Sep 21, 2023 neutral
Assertion Not checkable as stated
Mini Hotel operates across 70 countries globally
“So we have clients in 70 countries today.”
Yuval Stockhammer Sep 21, 2023 ▶ 2:53 How this Hotel SaaS Hit $1.3m ARR and 1400 Customers
Sep 21, 2023 bullish
Assertion Not checkable as stated
Mini Hotel adds around 40 clients per month
“And since 2021, we market only a new browser product, very nice, very top notch work. And since then, specifically, we add up around 40 clients per month.”
Yuval Stockhammer Sep 21, 2023 ▶ 9:55 How this Hotel SaaS Hit $1.3m ARR and 1400 Customers
Sep 21, 2023
Assertion Not checkable as stated
Mini Hotel spends roughly $4,000 monthly on paid advertising
“We spend around four thousand dollars per month. For paid, just for paid ads.”
Yuval Stockhammer Sep 21, 2023 ▶ 10:28 How this Hotel SaaS Hit $1.3m ARR and 1400 Customers
Sep 21, 2023 positive
Assertion Not checkable as stated
Over 90% of Mini Hotel customers stayed through the COVID-19 pandemic
“Our clients were, during COVID, we had a 50% drop in our revenue, but the clients came, came through it, and in 90 plus percent of them stayed”
Yuval Stockhammer Sep 21, 2023 ▶ 17:57 How this Hotel SaaS Hit $1.3m ARR and 1400 Customers
Sep 21, 2023 bullish
Opinion
Yuval Stockhammer values Mini Hotel at a minimum of $15 million
“I, in my head, it's at least fifteen million dollars.”
Yuval Stockhammer Sep 21, 2023 ▶ 15:44 How this Hotel SaaS Hit $1.3m ARR and 1400 Customers
Sep 21, 2023 positive
Assertion Supported
Mini Hotel supports government-compliant invoicing in over 50 countries
“We have invoicing, for example, ready in more than 50 countries. So when you make like, when you're in the reception, making the accounts, making the invoice from the client, it's transmitted to the government.”
Yuval Stockhammer Sep 21, 2023 ▶ 13:52 How this Hotel SaaS Hit $1.3m ARR and 1400 Customers
Sep 21, 2023
Assertion Not checkable as stated
Mini Hotel has 30 employees across three offices
“We are, we have 25 people hired directly and full-time in three offices. And we have like four or five more always like in the partial time. So it's almost right now, 30 employees with us together. It's 30 employees.”
Yuval Stockhammer Sep 21, 2023 ▶ 6:03 How this Hotel SaaS Hit $1.3m ARR and 1400 Customers
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