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ScholarshipOwl

also referred to as: scholarship owl

includes ScholarshipOwl For Business

34 statements across 3 episodes · 7 bullish · 4 bearish · 1 people on the record · first statement Jan 26, 2021 by David Dabachnikov · said 36 times in 3 episodes since 2021 · across every show →

Mentions by year, the whole family

brought up most by Nathan Latka (26), David Dabachnikov (10)

tap a year for its mentions
001312522021202220232024episodesmentions
0122021202220232024episodes it came up in
007.511522021202220232024episodesmentions per episode
2024 14 mentions in 1 episode
2021 22 mentions in 2 episodes 11 per episode

every mention, scene by scene, with the transcript →

Everything said about ScholarshipOwl, oldest first

Jan 26, 2021
Disclosure
ScholarshipOwl employs zero sales reps and does not do enterprise sales
“In sales, we don't have any. We don't do enterprise sales or anything like that today, so.”
David Dabachnikov Jan 26, 2021 ▶ 11:05 ScholarshipOwl Breaks $4m Revenue Helping 15k Students Get Loans
Jan 26, 2021 neutral
Disclosure
Dabachnikov: ScholarshipOwl Approved for $1.3M in Financing, Drew $300K
“We got approved to 1.3 million out of which we at this point we took only 300,000.”
David Dabachnikov Jan 26, 2021 ▶ 4:40 ScholarshipOwl Breaks $4m Revenue Helping 15k Students Get Loans
Jan 26, 2021 positive
Assertion Not checkable as stated
Dabachnikov: ScholarshipOwl Finished 2020 with $4M in Revenue
“When it went to 20 20, we finished with four million.”
David Dabachnikov Jan 26, 2021 ▶ 4:14 ScholarshipOwl Breaks $4m Revenue Helping 15k Students Get Loans
Jan 26, 2021 bullish
Assertion Not checkable as stated
Dabachnikov: ScholarshipOwl generates over $220,000 monthly revenue
“So with some partnerships and other things you know, with some B to B partnerships as well, we do a bit more than that.”
David Dabachnikov Jan 26, 2021 ▶ 2:36 ScholarshipOwl Breaks $4m Revenue Helping 15k Students Get Loans
Jan 26, 2021 bullish
Assertion Not checkable as stated
ScholarshipOwl counts 15,000 paying subscribers and 1.5 million total users
“We have today 15,000 paying customers. And about 1.5 million users in general.”
David Dabachnikov Jan 26, 2021 ▶ 2:20 ScholarshipOwl Breaks $4m Revenue Helping 15k Students Get Loans
Jan 26, 2021 negative
Disclosure
Dabachnikov: Scaling before nailing unit economics was ScholarshipOwl's major mistake
“Oh, the thing is that one of the big mistakes we've done in the history of the company is basically we started scaling before we fully nailed our unit economics.”
David Dabachnikov Jan 26, 2021 ▶ 13:13 ScholarshipOwl Breaks $4m Revenue Helping 15k Students Get Loans
Jan 26, 2021
Disclosure
ScholarshipOwl employs almost 50 people
“Today we're almost 50 people.”
David Dabachnikov Jan 26, 2021 ▶ 9:45 ScholarshipOwl Breaks $4m Revenue Helping 15k Students Get Loans
Jan 26, 2021 neutral
Disclosure
Dabachnikov: ScholarshipOwl subscribers stay seven to eight months on average
“They stay seven to eight months in most cases.”
David Dabachnikov Jan 26, 2021 ▶ 12:55 ScholarshipOwl Breaks $4m Revenue Helping 15k Students Get Loans
Jan 26, 2021
Disclosure
Dabachnikov: ScholarshipOwl originated as a scholarship blog before becoming SaaS
“So the story is that our product didn't start as a SaaS product. It started actually as a blog and content related to scholarship space itself.”
David Dabachnikov Jan 26, 2021 ▶ 6:54 ScholarshipOwl Breaks $4m Revenue Helping 15k Students Get Loans
Jan 26, 2021 positive
Assertion Not checkable as stated
Dabachnikov: ScholarshipOwl has an email list of 6 million subscribers
“Six million.”
David Dabachnikov Jan 26, 2021 ▶ 7:50 ScholarshipOwl Breaks $4m Revenue Helping 15k Students Get Loans
Jan 26, 2021 neutral
Disclosure
Dabachnikov: ScholarshipOwl spends $50 to acquire a $15/month customer
“It cost me today 50 dollars.”
David Dabachnikov Jan 26, 2021 ▶ 12:35 ScholarshipOwl Breaks $4m Revenue Helping 15k Students Get Loans
Jul 10, 2021
Disclosure
ScholarshipOwl approved for $1.3M in revenue financing, drew down $300K
“We took we got approved to 1.3 million out of which we, at this point we took only 300,000.”
David Dabachnikov Jul 10, 2021 ▶ 3:53 ScholarshipOwl Breaks $4m Revenue Helping 15k Students Get Loans
Jul 10, 2021 neutral
Disclosure
ScholarshipOwl's CAC for $15/month customers is $50
“It cost me today 50 dollars.”
David Dabachnikov Jul 10, 2021 ▶ 12:59 ScholarshipOwl Breaks $4m Revenue Helping 15k Students Get Loans
Jul 10, 2021
Assertion Not checkable as stated
Dabachnikov: ScholarshipOwl's email list reached 6 million subscribers
“That's six million.”
David Dabachnikov Jul 10, 2021 ▶ 7:03 ScholarshipOwl Breaks $4m Revenue Helping 15k Students Get Loans
Jul 10, 2021
Disclosure
ScholarshipOwl bootstrapped until taking revenue-based funding in January 2021
“So until, until now we never took any external funding only in January this year we took revenue based funding in order to accelerate our growth.”
David Dabachnikov Jul 10, 2021 ▶ 3:39 ScholarshipOwl Breaks $4m Revenue Helping 15k Students Get Loans
Jul 10, 2021
Assertion Not checkable as stated
Dabachnikov: ScholarshipOwl Has 15,000 Paying Customers and 1.5 Million Users
“We have today 15,000 paying customers and about 1.5 million users in general.”
David Dabachnikov Jul 10, 2021 ▶ 1:35 ScholarshipOwl Breaks $4m Revenue Helping 15k Students Get Loans
Jul 10, 2021 neutral
Disclosure
Dabachnikov: ScholarshipOwl operates with zero dedicated sales staff
“In sales, we don't have any. We don't do enterprise sales or anything like that today, so.”
David Dabachnikov Jul 10, 2021 ▶ 11:29 ScholarshipOwl Breaks $4m Revenue Helping 15k Students Get Loans
Jul 10, 2021
Assertion Not checkable as stated
Dabachnikov: ScholarshipOwl Generates Over $220,000 Monthly Revenue
“So with some partnerships and other things you know, with some B to B partnerships as well, we do a bit more than that.”
David Dabachnikov Jul 10, 2021 ▶ 1:51 ScholarshipOwl Breaks $4m Revenue Helping 15k Students Get Loans
Jul 10, 2021
Disclosure
ScholarshipOwl started as an informational blog before launching SaaS product
“Our product didn't start as a SaaS product. It started actually as a blog and content related to scholarship space itself. So that kind of got a bit of traction. And on top of that, the product started being built.”
David Dabachnikov Jul 10, 2021 ▶ 6:09 ScholarshipOwl Breaks $4m Revenue Helping 15k Students Get Loans
Jul 10, 2021 negative
Disclosure
ScholarshipOwl scaled before nailing unit economics and spent 2020 fixing it
“The thing is that one of the big mistakes we've done in the history of the company is basically we started scaling before we fully nailed our unit economics. And in a way we kind of woke up too late for that. And we dedicated 20 20 into fixing that.”
David Dabachnikov Jul 10, 2021 ▶ 13:37 ScholarshipOwl Breaks $4m Revenue Helping 15k Students Get Loans
Jul 10, 2021 bullish
Assertion Not checkable as stated
Dabachnikov: ScholarshipOwl finished 2020 with $4 million in revenue
“20 20, we finished with four million.”
David Dabachnikov Jul 10, 2021 ▶ 3:30 ScholarshipOwl Breaks $4m Revenue Helping 15k Students Get Loans
Jul 10, 2021 neutral
Assertion Not checkable as stated
Dabachnikov: ScholarshipOwl customers retain for 7 to 8 months
“They stay seven to eight months in most cases.”
David Dabachnikov Jul 10, 2021 ▶ 13:19 ScholarshipOwl Breaks $4m Revenue Helping 15k Students Get Loans
Jul 10, 2021
Insight
Dabachnikov: Students Need Scholarships More During College Than in High School
“The common misconception is that students need scholarships only when they're just applying to college. But the reality is that students actually need scholarships more in the first year of college and the second year than in high school, because many of the f…”
David Dabachnikov Jul 10, 2021 ▶ 2:07 ScholarshipOwl Breaks $4m Revenue Helping 15k Students Get Loans
Mar 28, 2024 positive
Assertion Not checkable as stated
Scholarship Owl generated $6M in total 2023 revenue
“So I can say the total revenue of last year was six million in total.”
David Dabachnikov Mar 28, 2024 ▶ 11:18 How Bootstrapper Made $6m Last year Using New Self-Funding Method
Mar 28, 2024
Assertion Not checkable as stated
Scholarship Owl adds over 150,000 student signups per month
“So it's like, we're talking about at this point, a scholarship pile has over a 150,000 students college bound Gen Z's basically every month.”
David Dabachnikov Mar 28, 2024 ▶ 2:50 How Bootstrapper Made $6m Last year Using New Self-Funding Method
Mar 28, 2024 positive
Assertion Not checkable as stated
Scholarship Owl has roughly 20,000 paying premium students
“We have around 20,000 students now on the premium.”
David Dabachnikov Mar 28, 2024 ▶ 11:01 How Bootstrapper Made $6m Last year Using New Self-Funding Method
Mar 28, 2024
Disclosure
Scholarship Owl's founders retain 100% equity ownership
“Me and my partners own a hundred percent of the business”
David Dabachnikov Mar 28, 2024 ▶ 12:02 How Bootstrapper Made $6m Last year Using New Self-Funding Method
Mar 28, 2024
Disclosure
Scholarship Owl charges brands $1.20 to $30 per student application
“So it kind of ranges roughly between, like dollar 20 to 30 dollars per application, depends on, on various metrics and so on.”
David Dabachnikov Mar 28, 2024 ▶ 5:10 How Bootstrapper Made $6m Last year Using New Self-Funding Method
Mar 28, 2024
Disclosure
Scholarship Owl charges students $15 monthly for premium tools
“They pay 15 dollars a month for the usage of the overall premium features.”
David Dabachnikov Mar 28, 2024 ▶ 7:26 How Bootstrapper Made $6m Last year Using New Self-Funding Method
Mar 28, 2024 negative
Insight
Brands should never require essays for scholarship campaigns
“If the brand wants to run a scholarship with an essay, which we don't recommend ever, don't run essays because nobody likes to review them and nobody likes to write them.”
David Dabachnikov Mar 28, 2024 ▶ 20:04 How Bootstrapper Made $6m Last year Using New Self-Funding Method
Mar 28, 2024
Disclosure
Samsung and BetterHelp are Scholarship Owl customers
“So Samsung, Samsung is a customer of ours. We work with better help. We work with quite a few big companies.”
David Dabachnikov Mar 28, 2024 ▶ 3:46 How Bootstrapper Made $6m Last year Using New Self-Funding Method
Mar 28, 2024
Disclosure
Scholarship Owl has 50 monthly and 400 annual brand clients
“So on a monthly basis, we're talking about 50 brands, but on a yearly basis, it goes like to 400 cause like some of them are seasonal, some of them are throughout the whole year depends on the goals that the brand is trying to achieve.”
David Dabachnikov Mar 28, 2024 ▶ 5:58 How Bootstrapper Made $6m Last year Using New Self-Funding Method
Mar 28, 2024 negative
Insight
Scaled bootstrappers should reject VCs who offer only capital
“We come from a point of strength when we say, well, this is what we did with no VC funding. We know we can scale it a lot more. Now, are you as an investor going to bring us value as a strategic investor or like to your connections or your knowledge and so on?…”
David Dabachnikov Mar 28, 2024 ▶ 16:08 How Bootstrapper Made $6m Last year Using New Self-Funding Method
Mar 28, 2024
Disclosure
Scholarship Owl took $300k in non-dilutive capital from FounderPath
“Last time we took 300,000 and we plan to take another a hundred to a 150,000 actually in the next few weeks.”
David Dabachnikov Mar 28, 2024 ▶ 13:54 How Bootstrapper Made $6m Last year Using New Self-Funding Method
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