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Splynx

7 statements across 1 episodes · 0 bullish · 0 bearish · 1 people on the record · first statement Jul 4, 2022 by Alex Fishkinov · said 19 times in 1 episodes since 2022 · across every show →

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brought up most by Nathan Latka (19)

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2022 19 mentions in 1 episode

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Everything said about Splynx, oldest first

Jul 4, 2022
Disclosure
Splynx pays roughly $200,000 in dividends to its four founders
“200,000 more or less.”
Alex Fishkinov Jul 4, 2022 ▶ 8:22 SaaS Bootstrapper Hits $3m Revenue with genius niche product
Jul 4, 2022
Disclosure
Splynx equity is split 48%, 24%, 20%, and 8% among four partners
“The biggest one has 48%. Me and my partner, we have 20, 24, and there is one silent partner with eight percent.”
Alex Fishkinov Jul 4, 2022 ▶ 6:49 SaaS Bootstrapper Hits $3m Revenue with genius niche product
Jul 4, 2022
Assertion Not checkable as stated
Fishkinov: Splynx spent about $4k last month on paid ads
“I think around like 4000 dollars.”
Alex Fishkinov Jul 4, 2022 ▶ 10:23 SaaS Bootstrapper Hits $3m Revenue with genius niche product
Jul 4, 2022
Disclosure
Splynx pays sales reps a 3% to 5% first-year commission
“They do have some fixed salary and then based on on the sales that they bring or they process we pay them some percentage on annual revenue, first year of the annual revenue... Five three percent and up to five percent depends on, on their involvement.”
Alex Fishkinov Jul 4, 2022 ▶ 10:32 SaaS Bootstrapper Hits $3m Revenue with genius niche product
Jul 4, 2022
Assertion Not checkable as stated
Fishkinov: Splynx sales reps average $2k to $2.5k new MRR monthly
“Usually they make more. They make like two and a half thousands monthly... So in, in, in general, they make around two, 2.5. Monthly one, each of them”
Alex Fishkinov Jul 4, 2022 ▶ 13:03 SaaS Bootstrapper Hits $3m Revenue with genius niche product
Jul 4, 2022
Assertion Not checkable as stated
Splynx adds 15 customers monthly while losing around two
“So if I can tell you that if we gain 15 customers per month, we lose maybe two customers, but mainly it's a new companies that we're not able to onboard, for example.”
Alex Fishkinov Jul 4, 2022 ▶ 5:46 SaaS Bootstrapper Hits $3m Revenue with genius niche product
Jul 4, 2022
Disclosure
Splynx reps must close at least $1k new MRR monthly
“The minimum is everyone should have like 1000 dollars monthly revenue, the new one. So if they make it, then we start talking about some kind of bonuses”
Alex Fishkinov Jul 4, 2022 ▶ 11:09 SaaS Bootstrapper Hits $3m Revenue with genius niche product
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