Stas Kulish

14 statements across 1 episodes · 3 bullish · 1 bearish · 1 people on the record · first statement Sep 23, 2021 by Stas Kulesh · said 9 times in 1 episodes since 2021 · across every show →

Mentions by year

brought up most by Nathan Latka (8), Stas Kulesh (1)

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2021 9 mentions in 1 episode

every mention, scene by scene, with the transcript →

Everything said about Stas Kulish, oldest first

Sep 23, 2021 positive
Assertion Not checkable as stated
Kulish: KarmaBot is growing 7% month-over-month
“It's growing seven percent a month at the moment.”
Stas Kulesh Sep 23, 2021 ▶ 11:17 Slack Tool KarmaBot Doubles to $400k ARR, Turns Down $1m Offer
Sep 23, 2021 neutral
Assertion Not checkable as stated
Kulish: KarmaBot's regular customer has 100 people and pays $100 monthly
“Around 100 people paying around 100 a month. So this is the regular size of the team and the regular bill.”
Stas Kulesh Sep 23, 2021 ▶ 3:35 Slack Tool KarmaBot Doubles to $400k ARR, Turns Down $1m Offer
Sep 23, 2021 negative
Insight
Kulish: Paid Ads Fail for Culture Tools Due to Top-Down Purchasing
“It's really, it's so difficult because the main decision makers, they are at the top of the chain. We don't set, we don't like Trello. Engineers don't come to their superiors saying like, let's buy Trello gold. It's so cool. We've been using for a while with k…”
Stas Kulesh Sep 23, 2021 ▶ 9:09 Slack Tool KarmaBot Doubles to $400k ARR, Turns Down $1m Offer
Sep 23, 2021
Assertion Supported
KarmaBot takes a 10% commission on automated employee reward purchases
“When they purchase stuff through us, we get the cut, and that's 10% cut.”
Stas Kulesh Sep 23, 2021 ▶ 16:52 Slack Tool KarmaBot Doubles to $400k ARR, Turns Down $1m Offer
Sep 23, 2021
Disclosure
KarmaBot founder turns down $500k to $1M buyout offer
“They said that their range is 500 to one million. And that wasn't, yeah, in our heads that, that doesn't do it, unfortunately, because that so much we can get, like you said, we can get almost that bootstrapping being profitable in three years.”
Stas Kulesh Sep 23, 2021 ▶ 10:43 Slack Tool KarmaBot Doubles to $400k ARR, Turns Down $1m Offer
Sep 23, 2021 neutral
Disclosure
Stas Kulish: KarmaBot founders take equal dividends on an as-needed basis
“Well, we've got money coming in and then we split them when we need it. Otherwise we don't touch that. If he says like, I want to take a I don't know. I want to do something at my house and I need to take out 6000. I'm taking 6000 as well.”
Stas Kulesh Sep 23, 2021 ▶ 11:50 Slack Tool KarmaBot Doubles to $400k ARR, Turns Down $1m Offer
Sep 23, 2021 positive
Assertion Not checkable as stated
Kulish: KarmaBot has an 84% PMF score and an NPS around 80
“It's, well, fortunately it's word of mouth because product market fit is 84% and NPS score is standing around eighty-ish.”
Stas Kulesh Sep 23, 2021 ▶ 5:23 Slack Tool KarmaBot Doubles to $400k ARR, Turns Down $1m Offer
Sep 23, 2021 neutral
Assertion Not checkable as stated
Kulish: KarmaBot monthly churn increased from ~1% to 2.8%
“So the churn, it was around one percent. Now it's four Three. Yeah. Well, on average, it's slightly below three percent, 2.8%.”
Stas Kulesh Sep 23, 2021 ▶ 16:08 Slack Tool KarmaBot Doubles to $400k ARR, Turns Down $1m Offer
Sep 23, 2021 neutral
Disclosure
Kulish runs $400k ARR KarmaBot purely as a side business
“It's a side business. It's a side business. We've got other things going on and this is helping us in, in, in, you know, moving along the line.”
Stas Kulesh Sep 23, 2021 ▶ 12:20 Slack Tool KarmaBot Doubles to $400k ARR, Turns Down $1m Offer
Sep 23, 2021 neutral
Insight
Kulish: Customers churn after 2-3 years seeking novelty, not from product dissatisfaction
“Recently we noticed that people, after using Karma for two years or three years, they just switched to another product because they sort of, they want the novelty. Not because the product is, well, not doing it for them. It's just the team wants something new.…”
Stas Kulesh Sep 23, 2021 ▶ 15:46 Slack Tool KarmaBot Doubles to $400k ARR, Turns Down $1m Offer
Sep 23, 2021 positive
Opinion
Kulish: Karma Connect is a smarter version of Donut
“We built karma connect. Which will be a smarter version of Donut because we know that we Nathan and Stas, they exchanged Karma before, so they know each other, but that happened years ago, so maybe we should reconnect the way we do now on the live call and we …”
Stas Kulesh Sep 23, 2021 ▶ 17:34 Slack Tool KarmaBot Doubles to $400k ARR, Turns Down $1m Offer
Sep 23, 2021
Assertion Not checkable as stated
Kulish: KarmaBot made about $25k monthly profit on $35k revenue
“25 approximately.”
Stas Kulesh Sep 23, 2021 ▶ 8:02 Slack Tool KarmaBot Doubles to $400k ARR, Turns Down $1m Offer
Sep 23, 2021 neutral
Assertion Not checkable as stated
Kulish: KarmaBot serves over 3,000 total teams with 350 paying
“We've got a freemium solution. So altogether, I think it's more than 3000, but 350 of them are paying. So that's teams. 350 teams.”
Stas Kulesh Sep 23, 2021 ▶ 2:56 Slack Tool KarmaBot Doubles to $400k ARR, Turns Down $1m Offer
Sep 23, 2021
Disclosure
Kulish: KarmaBot operates with 5 to 6 contractors to stay lean
“Well, it's five or six contractors coming and going. We try to stay lean and mean and keep this to the minimum because we're bootstrapping obviously.”
Stas Kulesh Sep 23, 2021 ▶ 7:34 Slack Tool KarmaBot Doubles to $400k ARR, Turns Down $1m Offer
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