Simplero

11 statements across 2 episodes · 3 bullish · 0 bearish · 1 people on the record · first statement Feb 26, 2017 by Calvin Correlli · said 21 times in 5 episodes since 2017 · across every show →

Mentions by year

brought up most by Nathan Latka (19), Calvin Correlli (2)

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Everything said about Simplero, oldest first

Feb 26, 2017
Assertion Not checkable as stated
Simplero had roughly 700 paying customers as of January 2017
“Customers is a little under 700.”
Calvin Correlli Feb 26, 2017 ▶ 3:52 EP 582: Simplero SaaS Team of 2 Makes $1M Per Year, Bootstrapped, Totally Happy Helping Users Sell Courses with CEO Calvin Correli
Feb 26, 2017
Disclosure
Simplero runs on two full-time and four part-time staff
“I'm based in New York, and we've got two people in Denmark and then we've got three people on the West Coast part-time, but we're a tiny team, so, so the only, actually Yeah. Me and one guy in Copenhagen full-time and one, another person in Denmark part-time I…”
Calvin Correlli Feb 26, 2017 ▶ 8:57 EP 582: Simplero SaaS Team of 2 Makes $1M Per Year, Bootstrapped, Totally Happy Helping Users Sell Courses with CEO Calvin Correli
Feb 26, 2017
Assertion Not checkable as stated
Simplero's entire current team joined less than six months ago
“Everybody on my current team started less than six months ago.”
Calvin Correlli Feb 26, 2017 ▶ 9:46 EP 582: Simplero SaaS Team of 2 Makes $1M Per Year, Bootstrapped, Totally Happy Helping Users Sell Courses with CEO Calvin Correli
Feb 26, 2017 neutral
Assertion Not checkable as stated
Simplero's average customer retention is between 15 and 16 months
“Our retention, average retention is over 15 months, between 15 and 16 months”
Calvin Correlli Feb 26, 2017 ▶ 7:52 EP 582: Simplero SaaS Team of 2 Makes $1M Per Year, Bootstrapped, Totally Happy Helping Users Sell Courses with CEO Calvin Correli
Feb 26, 2017 positive
Disclosure
Simplero is entirely self-funded
“Self-funded.”
Calvin Correlli Feb 26, 2017 ▶ 10:22 EP 582: Simplero SaaS Team of 2 Makes $1M Per Year, Bootstrapped, Totally Happy Helping Users Sell Courses with CEO Calvin Correli
Feb 26, 2017 neutral
Assertion Not checkable as stated
Simplero generates 90% of revenue from subscriptions, 10% from transactions
“It's more like, 10% comes from transaction fees and 90% from monthly fees.”
Calvin Correlli Feb 26, 2017 ▶ 6:22 EP 582: Simplero SaaS Team of 2 Makes $1M Per Year, Bootstrapped, Totally Happy Helping Users Sell Courses with CEO Calvin Correli
Feb 26, 2017 neutral
Assertion Not checkable as stated
Simplero's average revenue per customer is roughly $2,100 to $2,200 annually
“I think our annual average per customer is about 2122 hundred dollars.”
Calvin Correlli Feb 26, 2017 ▶ 7:30 EP 582: Simplero SaaS Team of 2 Makes $1M Per Year, Bootstrapped, Totally Happy Helping Users Sell Courses with CEO Calvin Correli
Feb 26, 2017
Disclosure
Correlli pays a personal intuitive healer $4,000 per month
“I pay her about four grand a month.”
Calvin Correlli Feb 26, 2017 ▶ 11:11 EP 582: Simplero SaaS Team of 2 Makes $1M Per Year, Bootstrapped, Totally Happy Helping Users Sell Courses with CEO Calvin Correli
Jun 23, 2023 positive
Disclosure
Corelli: Simplero took $400K in debt capital to fund growth
“And in the end, we actually so I took money just 400 K for now, because, but then I, like, because of this, I realized, Holy crap. Like, I can have growth capital available to me that I can then invest in team and marketing and other things rather than I was i…”
Calvin Correlli Jun 23, 2023 ▶ 15:07 Emotion is a superpower: how I leveraged mine to drive $5m in revenue
Jun 23, 2023 positive
Assertion Not checkable as stated
Simplero reached $4M ARR and $20M lifetime revenue without marketing
“I bootstrapped to, we're four million ARR. We're five million in revenue. We've done, like, twenty million of lifetime revenue. Never built a freaking marketing team. Never built a marketing acquisition, customer acquisition funnel.”
Calvin Correlli Jun 23, 2023 ▶ 18:19 Emotion is a superpower: how I leveraged mine to drive $5m in revenue
Jun 23, 2023
Assertion Not checkable as stated
Pipe and Stripe offered $200K; Nathan Latka's site offered $2.2M
“And then, you know, pipe.com and Stripe Capital and some of these others, they were willing to lend me maybe 200,000 dollars. Plug my shit into Nathan's site, and it came back, like, 2.2 million.”
Calvin Correlli Jun 23, 2023 ▶ 14:24 Emotion is a superpower: how I leveraged mine to drive $5m in revenue
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