Venngage

10 statements across 1 episodes · 3 bullish · 1 bearish · 1 people on the record · first statement Dec 31, 2017 by Eugene Wu · said 25 times in 1 episodes since 2017 · across every show →

Mentions by year

brought up most by Nathan Latka (19), Eugene Wu (6)

mentionsepisodesper episode tap a year for its mentions

2017 25 mentions in 1 episode

890 SaaS: Self Serve Infographics Tool Hits $250k MRR Dec 31, 2017 · 25 mentions · from 1:17
every mention in 2017, scene by scene →

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Everything said about Venngage, oldest first

Dec 31, 2017

Assertion Not checkable as stated

Wu: Early Venngage had under five enterprise customers paying $1.5k–$5k monthly

“So we managed to get a few customers that when I met a few, I met like less than five who were paying us Between like 1500 and like 5000 dollars a month to use our tool, which was a lot of money for us.”

Eugene Wu Dec 31, 2017 ▶ 10:41 890 SaaS: Self Serve Infographics Tool Hits $250k MRR

Dec 31, 2017 bullish

Prediction Not checkable as stated

Wu: Venngage aims for $300k MRR by year-end 2017

“My targets around 300 by the end of this year.”

Eugene Wu Dec 31, 2017 ▶ 20:07 890 SaaS: Self Serve Infographics Tool Hits $250k MRR

Dec 31, 2017

Assertion Not checkable as stated

Wu: Venngage reaches approximately $250K in monthly recurring revenue

“Around there. We're about two 50 in in MMR. Yeah.”

Eugene Wu Dec 31, 2017 ▶ 8:38 890 SaaS: Self Serve Infographics Tool Hits $250k MRR

Dec 31, 2017 neutral

Assertion Not checkable as stated

Wu: Paid acquisition represents under 10% of Venngage's customer acquisition

“Our the paid portion of the is less than 10%.”

Eugene Wu Dec 31, 2017 ▶ 19:37 890 SaaS: Self Serve Infographics Tool Hits $250k MRR

Dec 31, 2017

Disclosure

Wu retains approximately 70% equity ownership in Venngage

“Around air, actually.”

Eugene Wu Dec 31, 2017 ▶ 20:55 890 SaaS: Self Serve Infographics Tool Hits $250k MRR

Dec 31, 2017

Assertion Not checkable as stated

Wu: Venngage has over one million users but ignores vanity metrics

“Users. We have like in the millions, like I honestly don't track three users just cause it's a vanity number, but it's over a million. I don't know what it is at the moment. We hit a million a while ago and I have not kept track.”

Eugene Wu Dec 31, 2017 ▶ 8:19 890 SaaS: Self Serve Infographics Tool Hits $250k MRR

Dec 31, 2017

Disclosure

Venngage launched with $50K from Jolt and government grants

“So we had, you know, there, we had some initial money from Accelerator, like, 50,000 dollars from Jolt. And then we got, you know, a couple of smaller grants from the government. So, but it's mainly bootstrapped.”

Eugene Wu Dec 31, 2017 ▶ 7:20 890 SaaS: Self Serve Infographics Tool Hits $250k MRR

Dec 31, 2017 bullish

Disclosure

Wu aims to grow Venngage into a $100M+ company over 10 years

“I want to grow this to like a hundred million plus company. So would you, I mean, obviously we're talking about very long-term here. I'm not talking about in the next, You know, two or three years. I'm talking about next 10 years.”

Eugene Wu Dec 31, 2017 ▶ 21:55 890 SaaS: Self Serve Infographics Tool Hits $250k MRR

Dec 31, 2017 positive

Insight

Wu: Test keyword conversions with Google AdWords before committing to SEO

“We buy AdWords first just to make sure those words convert. And before we go all in on, on, on, on organic.”

Eugene Wu Dec 31, 2017 ▶ 14:01 890 SaaS: Self Serve Infographics Tool Hits $250k MRR

Dec 31, 2017 negative

Assertion Not checkable as stated

Wu: Venngage experiences approximately 10% monthly logo churn

“It's about like 10%.”

Eugene Wu Dec 31, 2017 ▶ 18:17 890 SaaS: Self Serve Infographics Tool Hits $250k MRR

Venngage

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