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Sandhills Development

includes Restrict Content Pro

22 statements across 1 episodes · 3 bullish · 0 bearish · 1 people on the record · first statement Oct 4, 2020 by Pippin Williamson · said 36 times in 1 episodes since 2020 · across every show →

Mentions by year, the whole family

brought up most by Nathan Latka (27), Pippin Williamson (9)

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2020 36 mentions in 1 episode

every mention, scene by scene, with the transcript →

Everything said about Sandhills Development, oldest first

Oct 4, 2020
Assertion Not checkable as stated
Sandhills Development averages 4% to 5% monthly churn across its core products
“So I roughly average these before we hopped on and we do about four to five percent.”
Pippin Williamson Oct 4, 2020 ▶ 20:46 SandHill Dev Sells $55k/mo Side Project for $1m+, Now Building 4 Other Products $3.6m Run Rate
Oct 4, 2020
Assertion Not checkable as stated
Selling Restrict Content Pro eliminated the majority of Sandhills Development's profit margin
“And when we sold off restricted content pro, That was basically the loss of that revenue was majority of our profit margin.”
Pippin Williamson Oct 4, 2020 ▶ 9:33 SandHill Dev Sells $55k/mo Side Project for $1m+, Now Building 4 Other Products $3.6m Run Rate
Oct 4, 2020
Disclosure
Sandhills Development retained its entire team after selling Restrict Content Pro
“So we didn't transfer any of our team members with the product only the product. So we effectively were able to hire three new people without actually hiring anybody. Cause we took the people that were working on the product and have put them onto some of our …”
Pippin Williamson Oct 4, 2020 ▶ 4:04 SandHill Dev Sells $55k/mo Side Project for $1m+, Now Building 4 Other Products $3.6m Run Rate
Oct 4, 2020
Disclosure
Sandhills Development bills exclusively annually for AffiliateWP, offering no monthly plans
“Yeah, so everything, we don't do any monthly values. We do everything in annual.”
Pippin Williamson Oct 4, 2020 ▶ 15:18 SandHill Dev Sells $55k/mo Side Project for $1m+, Now Building 4 Other Products $3.6m Run Rate
Oct 4, 2020
Disclosure
Sandhills upselled customers across its portfolio into AffiliateWP and its payout service
“If we're going from any of our products besides the affiliate program, we'll upsell to affiliate WP. If they are an affiliate WP customer, then we upsell them to the payout service.”
Pippin Williamson Oct 4, 2020 ▶ 22:20 SandHill Dev Sells $55k/mo Side Project for $1m+, Now Building 4 Other Products $3.6m Run Rate
Oct 4, 2020
Disclosure
Sandhills granted WP Simple Pay's founder fully vested equity upfront upon acquisition
“At four sandals development, we do have a vesting period for all owners. There are, there's five of us partners. But with his, we actually considered his fully vested because basically his value was the five to eight years of WP simple pay that he had run befo…”
Pippin Williamson Oct 4, 2020 ▶ 19:26 SandHill Dev Sells $55k/mo Side Project for $1m+, Now Building 4 Other Products $3.6m Run Rate
Oct 4, 2020
Assertion Not checkable as stated
WP Simple Pay generated $22,000 to $24,000 monthly revenue at acquisition
“It was doing about 22 to 24,000.”
Pippin Williamson Oct 4, 2020 ▶ 18:52 SandHill Dev Sells $55k/mo Side Project for $1m+, Now Building 4 Other Products $3.6m Run Rate
Oct 4, 2020
Disclosure
Restrict Content Pro generated $50k-$55k monthly revenue before its sale
“For last month, zero because the sale actually went through before last month, but at the time that we sold it was doing about 50 to 55,000 a month.”
Pippin Williamson Oct 4, 2020 ▶ 3:05 SandHill Dev Sells $55k/mo Side Project for $1m+, Now Building 4 Other Products $3.6m Run Rate
Oct 4, 2020 neutral
Assertion Not checkable as stated
Sandhills' Payouts Service processed $78,000 at a 3% net cut last month
“78,000 was the amount that we processed for other businesses, and we take a three percent cut. At three percent after all fees.”
Pippin Williamson Oct 4, 2020 ▶ 12:51 SandHill Dev Sells $55k/mo Side Project for $1m+, Now Building 4 Other Products $3.6m Run Rate
Oct 4, 2020 neutral
Assertion Not checkable as stated
Easy Digital Downloads generates approximately $70,000 in monthly recurring revenue
“Easy digital downloads, which is a e-commerce platform for selling digital products. And it does about 70,000.”
Pippin Williamson Oct 4, 2020 ▶ 11:21 SandHill Dev Sells $55k/mo Side Project for $1m+, Now Building 4 Other Products $3.6m Run Rate
Oct 4, 2020
Disclosure
Sandhills Development acquired WP Simple Pay through an equity swap
“We basically came to an agreement where he bought into the company and his, basically his selling the price for WP Simple Pay was equity. So we gave him equity in the company and he gave us WP Simple Pay.”
Pippin Williamson Oct 4, 2020 ▶ 18:35 SandHill Dev Sells $55k/mo Side Project for $1m+, Now Building 4 Other Products $3.6m Run Rate
Oct 4, 2020 neutral
Assertion Not checkable as stated
Easy Digital Downloads is actively installed on 50,000 to 75,000 websites
“To date affiliate sorry, easy digital downloads is installed on somewhere between 50 and 75,000 websites.”
Pippin Williamson Oct 4, 2020 ▶ 16:06 SandHill Dev Sells $55k/mo Side Project for $1m+, Now Building 4 Other Products $3.6m Run Rate
Oct 4, 2020 neutral
Assertion Not checkable as stated
WP Simple Pay generates $40,000 to $45,000 in monthly recurring revenue
“WP simple pay, which is a simple e-commerce tool, basically allow simple payments through stripe.com for website or business owners. And it does about 40 to 45,000.”
Pippin Williamson Oct 4, 2020 ▶ 11:29 SandHill Dev Sells $55k/mo Side Project for $1m+, Now Building 4 Other Products $3.6m Run Rate
Oct 4, 2020 neutral
Assertion Not checkable as stated
WP Simple Pay currently maintains 4,300 active paying customers
“It currently has 4300 active customers.”
Pippin Williamson Oct 4, 2020 ▶ 16:51 SandHill Dev Sells $55k/mo Side Project for $1m+, Now Building 4 Other Products $3.6m Run Rate
Oct 4, 2020
Assertion Not checkable as stated
Sandhills Development operates with a team of 26 people
“26.”
Pippin Williamson Oct 4, 2020 ▶ 19:59 SandHill Dev Sells $55k/mo Side Project for $1m+, Now Building 4 Other Products $3.6m Run Rate
Oct 4, 2020 positive
Disclosure
Sandhills Development sold Restrict Content Pro for 2x to 3x annual revenue
“We did. I can't say exactly where we got due to our contract. But it was definitely in the range of what we wanted.”
Pippin Williamson Oct 4, 2020 ▶ 6:25 SandHill Dev Sells $55k/mo Side Project for $1m+, Now Building 4 Other Products $3.6m Run Rate
Oct 4, 2020 positive
Prediction Not checkable as stated
Sandhills Development projects a 10% to 20% profit margin by year-end 2020
“I think we'll see 10 to 20% profit margin by the end of the year.”
Pippin Williamson Oct 4, 2020 ▶ 11:06 SandHill Dev Sells $55k/mo Side Project for $1m+, Now Building 4 Other Products $3.6m Run Rate
Oct 4, 2020
Assertion Not checkable as stated
AffiliateWP sees 15 to 20 commission-earning affiliates in a given month
“So our, we don't, so our affiliate program, I'll be honest, is a little bit small, but basically I would say we have on any given month, 15 to 20 people that earn at least a dollar. But then we'll have about three to four that are doing the somewhere between 5…”
Pippin Williamson Oct 4, 2020 ▶ 23:28 SandHill Dev Sells $55k/mo Side Project for $1m+, Now Building 4 Other Products $3.6m Run Rate
Oct 4, 2020
Disclosure
Sandhills Development is fully bootstrapped and privately owned with zero outside capital
“We are a hundred percent bootstrapped, self-funded business. We have no outside investment and we're all privately owned.”
Pippin Williamson Oct 4, 2020 ▶ 9:21 SandHill Dev Sells $55k/mo Side Project for $1m+, Now Building 4 Other Products $3.6m Run Rate
Oct 4, 2020
Disclosure
Liquid Web subsidiary iThemes acquired Restrict Content Pro in September 2020
“It is public. It all went live on September first. And so if anybody wants to check it out, you can go to sandhillsdev.com. We wrote a blog post there. And the buyer was iThemes, iThemes.com, which is a, one of the brands under the liquid web family.”
Pippin Williamson Oct 4, 2020 ▶ 6:41 SandHill Dev Sells $55k/mo Side Project for $1m+, Now Building 4 Other Products $3.6m Run Rate
Oct 4, 2020 positive
Disclosure
Sandhills Development has no plans to sell its top earner, AffiliateWP
“At this point we have no plans to sell it. It is something that we're having a lot of fun with and it is our biggest moneymaker for sure.”
Pippin Williamson Oct 4, 2020 ▶ 8:34 SandHill Dev Sells $55k/mo Side Project for $1m+, Now Building 4 Other Products $3.6m Run Rate
Oct 4, 2020
Assertion Not checkable as stated
Sandhills Development generates $311,000 monthly across its four software product brands
“So we run, we still run four separate product brands. And so that 311 is a combination of all four of those. With the largest being about a 130 to a 150,000 and the smallest being one to 2000 a month.”
Pippin Williamson Oct 4, 2020 ▶ 7:27 SandHill Dev Sells $55k/mo Side Project for $1m+, Now Building 4 Other Products $3.6m Run Rate
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