Sniply

also referred to as: snip.ly

12 statements across 2 episodes · 6 bullish · 0 bearish · 2 people on the record · first statement Jan 31, 2016 by Tom Hunt · said 42 times in 5 episodes since 2016 · across every show →

Mentions by year

brought up most by Nathan Latka (30), Michael Cheng (8), Tom Hunt (4)

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Everything said about Sniply, oldest first

Jan 31, 2016 positive
Insight
Hunt recommends Sniply over Bitly to drive free traffic from shared links
“So it's basically free traffic. So whenever you tweet or post any, a link to anybody else's content online, you can, instead of using a bit.ly link shortener, you can use the Snipply link shortener. And what it will actually do is place an ad for a piece of co…”
Tom Hunt Jan 31, 2016 ▶ 19:26 His Boss Won't Believe How He's Selling Mens Leggings with Tom Hunt of Virtual Valley
Nov 18, 2016 positive
Insight
Cheng: B2B buyers submit reasonable offers under 'name your price' models
“What I find is that while that may be true, if you're running a consumer model but with businesses, you know, businesses have a budget. They have great respect For other tools and platforms and the price requests that come through are very, very reasonable.”
Michael Cheng Nov 18, 2016 ▶ 6:08 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 says Snip.ly ARPU is $70 to $80 per month
“I would say that's about 70 to 80.”
Michael Cheng Nov 18, 2016 ▶ 3:29 EP 482: Snip.ly $50k MRR, 1000 Customers For Lead Gen on Social Media Sharing with CEO Michael Cheng
Nov 18, 2016 neutral
Assertion Not checkable as stated
Snip.ly generated $400,000 in revenue in 2015
“Total of 20 15 revenue was around 400 K.”
Michael Cheng Nov 18, 2016 ▶ 16:06 EP 482: Snip.ly $50k MRR, 1000 Customers For Lead Gen on Social Media Sharing with CEO Michael Cheng
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
Nov 18, 2016
Assertion Partly supported
Snip.ly offers a free tier and paid plans up to $3,000 monthly
“Revenue is for monthly subscriptions. And so it's a freemium model. You can use Snipply for free. It supports up to 1000 clicks per month. So after 1000 people have clicked on your links in that given month, your call to action will cease to show up until the …”
Michael Cheng Nov 18, 2016 ▶ 2:59 EP 482: Snip.ly $50k MRR, 1000 Customers For Lead Gen on Social Media Sharing with CEO Michael Cheng
Nov 18, 2016 positive
Assertion Not checkable as stated
Snip.ly hits 130,000 users and $50,000 in monthly recurring revenue
“Right now we are hitting about a 130,000 registered users. And so we're looking at revenue about 600,000 annual. So that's about 50,000 a month US dollars.”
Michael Cheng Nov 18, 2016 ▶ 8:34 EP 482: Snip.ly $50k MRR, 1000 Customers For Lead Gen on Social Media Sharing with CEO Michael Cheng
Nov 18, 2016 bullish
Disclosure
Snip.ly is building an AI tool to turn blogs into videos
“Now we're investing very heavily in a new platform. That's going to automatically convert blog posts into videos using natural language processing and a bunch of artificial intelligence.”
Michael Cheng Nov 18, 2016 ▶ 16:34 EP 482: Snip.ly $50k MRR, 1000 Customers For Lead Gen on Social Media Sharing with CEO Michael Cheng
Nov 18, 2016 positive
Assertion Not checkable as stated
Snip.ly has 1,000 monthly paying customers as of late 2016
“Monthly paying customers, It sits at around a thousand.”
Michael Cheng Nov 18, 2016 ▶ 9:00 EP 482: Snip.ly $50k MRR, 1000 Customers For Lead Gen on Social Media Sharing with CEO Michael Cheng
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