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TenWeb

10 statements across 1 episodes · 3 bullish · 0 bearish · 1 people on the record · first statement Mar 12, 2021 by Tigran Nazarian · said 2 times in 1 episodes since 2021 · across every show →

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brought up most by Tigran Nazarian (2)

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Everything said about TenWeb, oldest first

Mar 12, 2021
Disclosure
TenWeb is raising a $3 million seed round
“Right now, we're raising three millions right now.”
Tigran Nazarian Mar 12, 2021 ▶ 6:17 25m Wordpress Plugin Downloads, Now Raising $3m for SaaS Product
Mar 12, 2021
Assertion Not checkable as stated
Nazarian: TenWeb employs over 60 people
“We have a big team of more than 60 people.”
Tigran Nazarian Mar 12, 2021 ▶ 10:25 25m Wordpress Plugin Downloads, Now Raising $3m for SaaS Product
Mar 12, 2021
Assertion Not checkable as stated
Nazarian: TenWeb earns around $60,000 monthly from legacy plugins
“We have around 60,000 per month revenue From plugins.”
Tigran Nazarian Mar 12, 2021 ▶ 4:59 25m Wordpress Plugin Downloads, Now Raising $3m for SaaS Product
Mar 12, 2021
Assertion Not checkable as stated
Most TenWeb customers are acquired directly, not from legacy plugins
“Although we bring TenWeb customers, not, most of our customers are not our plugin customers. We just bring them directly to TenWeb platform.”
Tigran Nazarian Mar 12, 2021 ▶ 5:22 25m Wordpress Plugin Downloads, Now Raising $3m for SaaS Product
Mar 12, 2021
Assertion Not checkable as stated
TenWeb currently burns around $20,000 per month
“Around 20,000.”
Tigran Nazarian Mar 12, 2021 ▶ 10:08 25m Wordpress Plugin Downloads, Now Raising $3m for SaaS Product
Mar 12, 2021 bullish
Prediction Not checkable as stated
Nazarian predicts TenWeb will become at least a $100M business
“At least we see right now the prospect for Temweb to grow at least a hundred million dollar business, so we won't sell it for five million.”
Tigran Nazarian Mar 12, 2021 ▶ 11:26 25m Wordpress Plugin Downloads, Now Raising $3m for SaaS Product
Mar 12, 2021 bullish
Prediction Not checkable as stated
TenWeb can scale ad spend to $100,000 monthly without losing efficiency
“See the prospect of ads on this, the current channel that it is quite scalable and we can scale it up to several up to a 100,000 per month. I mean, add the budget without losing its efficiency.”
Tigran Nazarian Mar 12, 2021 ▶ 9:24 25m Wordpress Plugin Downloads, Now Raising $3m for SaaS Product
Mar 12, 2021
Assertion Partly supported
TenWeb's team built 60 WordPress plugins with 25 million downloads
“We previously developed WordPress plugins and built numerous plugins, more than 60 plugins with more than twenty-five million total downloads.”
Tigran Nazarian Mar 12, 2021 ▶ 3:30 25m Wordpress Plugin Downloads, Now Raising $3m for SaaS Product
Mar 12, 2021 positive
Assertion Not checkable as stated
Nazarian: Half of TenWeb signups choose annual upfront subscriptions
“About half of them. So they are either monthly customers or yearly customers.”
Tigran Nazarian Mar 12, 2021 ▶ 14:21 25m Wordpress Plugin Downloads, Now Raising $3m for SaaS Product
Mar 12, 2021
Assertion Not checkable as stated
TenWeb's customer acquisition cost is $100
“Our customer acquisition cost is a hundred dollars.”
Tigran Nazarian Mar 12, 2021 ▶ 8:51 25m Wordpress Plugin Downloads, Now Raising $3m for SaaS Product
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