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Weblium

6 statements across 1 episodes · 4 bullish · 0 bearish · 1 people on the record · first statement Jan 28, 2019 by David Braun · said 8 times in 1 episodes since 2019 · across every show →

Mentions by year

brought up most by Nathan Latka (7), David Braun (1)

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2019 8 mentions in 1 episode

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Everything said about Weblium, oldest first

Jan 28, 2019 bullish
Assertion Not checkable as stated
Weblium generates $425k in yearly revenue with 250% growth
“I have like 425,000 yearly revenue. Cause like it's growing like crazy months over months. It's about 250% gross.”
David Braun Jan 28, 2019 ▶ 12:19 1283 $100m Exit Was $45m Cash Upfront, Using To Launch New $10/mo Website Builder with 3250 Customers
Jan 28, 2019 neutral
Assertion Not checkable as stated
All 3,200 Weblium customers pay their annual subscription upfront
“They prepare for a year, so that is why we don't have any, all of those 3200 customers, they paid for a year in the back.”
David Braun Jan 28, 2019 ▶ 17:51 1283 $100m Exit Was $45m Cash Upfront, Using To Launch New $10/mo Website Builder with 3250 Customers
Jan 28, 2019 positive
Assertion Not checkable as stated
Weblium has 3,250 customers and is adding 600 monthly
“So right now we have 3250 something customers, and we are growing right now about 600 customers a month.”
David Braun Jan 28, 2019 ▶ 12:06 1283 $100m Exit Was $45m Cash Upfront, Using To Launch New $10/mo Website Builder with 3250 Customers
Jan 28, 2019 positive
Assertion Not checkable as stated
Weblium acquires customers with zero ad spend by partnering with banks
“So I already signed up five most the biggest banks in the Ukraine. We work with two banks in Austria right now. One big banking group, which is covering 26 countries is right now, like we are signing up the contract. So actually, actually, we do not spend any …”
David Braun Jan 28, 2019 ▶ 13:45 1283 $100m Exit Was $45m Cash Upfront, Using To Launch New $10/mo Website Builder with 3250 Customers
Jan 28, 2019 positive
Assertion Not checkable as stated
Weblium projects a 5-6 year customer lifetime value of $600-$700
“So LTV is around five to six years. So we basically return after investing into site creation, we're getting back 600 to 700 bucks.”
David Braun Jan 28, 2019 ▶ 17:10 1283 $100m Exit Was $45m Cash Upfront, Using To Launch New $10/mo Website Builder with 3250 Customers
Jan 28, 2019 neutral
Assertion Not checkable as stated
Weblium operates unprofitably with a monthly burn rate of $85,000
“So we still we still not profitable. We need our burn rate is about 85,000 dollars.”
David Braun Jan 28, 2019 ▶ 19:14 1283 $100m Exit Was $45m Cash Upfront, Using To Launch New $10/mo Website Builder with 3250 Customers
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