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Tim Sae Koo

10 statements across 1 episodes · 3 bullish · 1 bearish · 1 people on the record · first statement Nov 4, 2017 by Tim Sae Koo · across every show →

On the record as a speaker too: Tim Sae Koo's record, appearances and statements → this page counts the times other people say the name.

Everything said about Tim Sae Koo, oldest first

Nov 4, 2017 positive
Assertion Not checkable as stated
Tint has been profitable since its inception
“We are profitable. We, we've been profitable ever since the beginning.”
Tim Sae Koo Nov 4, 2017 ▶ 11:33 833: SaaS: Almost Broke, Pivots 2013, Now $5m+ in ARR in Social Hashtag Tracking Space
Nov 4, 2017
Disclosure
Tint charges between $1,000 and $5,000 per month
“The range can be anywhere from a thousand dollars a month to about 3000 dollars or 5000 dollars a month. So 1000 to 5000 a month. So anywhere from 12 to 60 a year.”
Tim Sae Koo Nov 4, 2017 ▶ 3:19 833: SaaS: Almost Broke, Pivots 2013, Now $5m+ in ARR in Social Hashtag Tracking Space
Nov 4, 2017 positive
Assertion Not checkable as stated
Tint averages $50,000 in monthly net profit
“50 grand is really the average. Yeah. And then, like I said, some months we'll go up to a hundred grand with six figures.”
Tim Sae Koo Nov 4, 2017 ▶ 12:02 833: SaaS: Almost Broke, Pivots 2013, Now $5m+ in ARR in Social Hashtag Tracking Space
Nov 4, 2017
Disclosure
Tint pivoted after spending down to eight months of runway
“We ran the bank down to maybe eight months of runway before we made the big call. We hadn't, we had raised around maybe enough time for 16 months, let's give or take.”
Tim Sae Koo Nov 4, 2017 ▶ 6:10 833: SaaS: Almost Broke, Pivots 2013, Now $5m+ in ARR in Social Hashtag Tracking Space
Nov 4, 2017 neutral
Assertion Not checkable as stated
Tint's founders and team own slightly over 50% of the company
“Collectively, the founders and the team own more than, right, more than, a little bit more than half the company, and then investors will own the other half but then the co-founders and I own majority of that like, majority of that majority.”
Tim Sae Koo Nov 4, 2017 ▶ 16:46 833: SaaS: Almost Broke, Pivots 2013, Now $5m+ in ARR in Social Hashtag Tracking Space
Nov 4, 2017 positive
Assertion Not checkable as stated
Tint averages 10% profit margins, reaching up to 30%
“10% will be on the average. Sometimes we'll have good months where we go up to maybe 20 or 30% of the revenue.”
Tim Sae Koo Nov 4, 2017 ▶ 11:41 833: SaaS: Almost Broke, Pivots 2013, Now $5m+ in ARR in Social Hashtag Tracking Space
Nov 4, 2017
Insight
Non-monetized consumer apps in 2013 needed 10M users to raise
“The simple rule of thumb was that if you wanted to raise more money because you didn't have a revenue model, you needed to at least hit around ten million users at that time to even make some sort of impact or dent to give yourself enough eyeballs to monetize …”
Tim Sae Koo Nov 4, 2017 ▶ 5:24 833: SaaS: Almost Broke, Pivots 2013, Now $5m+ in ARR in Social Hashtag Tracking Space
Nov 4, 2017 neutral
Disclosure
Tint CEO Tim Sae Koo takes a $100,000 annual salary
“Right now, I still pay myself something modest, but also nothing too great. It's right around a hundred grand a year.”
Tim Sae Koo Nov 4, 2017 ▶ 16:22 833: SaaS: Almost Broke, Pivots 2013, Now $5m+ in ARR in Social Hashtag Tracking Space
Nov 4, 2017
Assertion Not checkable as stated
Tint operates with a 30-person team
“Team size is right around 30 people. Half would be around sales and marketing. Half would be about product and engineering.”
Tim Sae Koo Nov 4, 2017 ▶ 7:44 833: SaaS: Almost Broke, Pivots 2013, Now $5m+ in ARR in Social Hashtag Tracking Space
Nov 4, 2017 negative
Disclosure
Tim Sae Koo decided not to raise further outside funding
“That's why I've made the cognizant decision and conscious decision to not raise outside funding.”
Tim Sae Koo Nov 4, 2017 ▶ 11:15 833: SaaS: Almost Broke, Pivots 2013, Now $5m+ in ARR in Social Hashtag Tracking Space
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