Weekdone

13 statements across 1 episodes · 4 bullish · 2 bearish · 1 people on the record · first statement May 16, 2018 by Yuri Kaljundi · said 16 times in 2 episodes since 2018 · across every show →

Mentions by year

brought up most by Nathan Latka (13), Yuri Kaljundi (2), Narjès Boufaden (1)

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007.50.5151201820192020episodesmentions per episode
2020 1 mention in 1 episode
2018 15 mentions in 1 episode

every mention, scene by scene, with the transcript →

Everything said about Weekdone, oldest first

May 16, 2018 positive
Disclosure
Weekdone raised $200k and has been cash flow positive since 2015
“Initially we raised around 200 K from some friends, but we have been cash flow positive since 2015.”
Yuri Kaljundi May 16, 2018 ▶ 1:57 1026 "Juri, would you sell to me now for $1.5m?"
May 16, 2018 neutral
Disclosure
Weekdone has a team of 12 people
“We're 12 people”
Yuri Kaljundi May 16, 2018 ▶ 2:09 1026 "Juri, would you sell to me now for $1.5m?"
May 16, 2018 positive
Assertion Not checkable as stated
Weekdone reaches $75k MRR and approaches $1M ARR
“Well, basically, our MRR is around 75 K, so we are getting to one million ARR soon.”
Yuri Kaljundi May 16, 2018 ▶ 4:01 1026 "Juri, would you sell to me now for $1.5m?"
May 16, 2018
Assertion Not checkable as stated
Weekdone has slightly fewer than 10,000 paying user seats
“Around, like, a little bit below 10,000 employees, I would say, probably.”
Yuri Kaljundi May 16, 2018 ▶ 4:51 1026 "Juri, would you sell to me now for $1.5m?"
May 16, 2018 negative
Disclosure
Paid ads, AdWords, and Facebook have never worked for Weekdone
“We've never been able to make paid ads or so work. So the conversion there has been really bad, actually. So yeah, we still experiment, but neither retargeting or Google AdWords or Facebook actually work for us.”
Yuri Kaljundi May 16, 2018 ▶ 10:15 1026 "Juri, would you sell to me now for $1.5m?"
May 16, 2018 neutral
Disclosure
Weekdone has slightly under 1,000 paying customer companies
“A little bit below 1000 companies.”
Yuri Kaljundi May 16, 2018 ▶ 2:30 1026 "Juri, would you sell to me now for $1.5m?"
May 16, 2018 positive
Insight
Raising software prices leads customers to take companies more seriously
“The more we raised our prices, the better we started doing, and the more seriously actually customers started taking us.”
Yuri Kaljundi May 16, 2018 ▶ 4:41 1026 "Juri, would you sell to me now for $1.5m?"
May 16, 2018 negative
Opinion
A $1M acquisition split three ways is not life-changing for founders
“A million dollar for three people wouldn't be life-changing in any way, so I mean, we can make more from our salaries that way actually, so.”
Yuri Kaljundi May 16, 2018 ▶ 12:14 1026 "Juri, would you sell to me now for $1.5m?"
May 16, 2018 neutral
Disclosure
Weekdone charges $7 per user per month
“Our business model is to charge seven dollars per user per month”
Yuri Kaljundi May 16, 2018 ▶ 1:37 1026 "Juri, would you sell to me now for $1.5m?"
May 16, 2018 positive
Assertion Not checkable as stated
Weekdone grew revenue slightly less than 2x year-over-year
“Yeah, we've grown a little bit less than two times, actually.”
Yuri Kaljundi May 16, 2018 ▶ 5:32 1026 "Juri, would you sell to me now for $1.5m?"
May 16, 2018
Insight
Early SaaS churn often comes from abandoning the underlying process
“Quite often because companies, we still sell a kind of process that companies need to implement in their teams, and there are many who try us out for, let's say, quarterly goal setting for one or two quarters, and they just give up not on the tool, but actuall…”
Yuri Kaljundi May 16, 2018 ▶ 5:48 1026 "Juri, would you sell to me now for $1.5m?"
May 16, 2018
Disclosure
Weekdone churns approximately 50% of its customers annually
“I would say kind of, we churn probably around like 50% of customers per year.”
Yuri Kaljundi May 16, 2018 ▶ 7:22 1026 "Juri, would you sell to me now for $1.5m?"
May 16, 2018 neutral
Disclosure
Kaljundi: Weekdone acquires customers exclusively through organic in-house content marketing
“We, like, we don't do actually any paid advertising, so all of our costs are content marketing, so it's basically the cost of three, four people, and we do most of the content and mini sites and so on in-house, so that's mostly the cost for us.”
Yuri Kaljundi May 16, 2018 ▶ 8:29 1026 "Juri, would you sell to me now for $1.5m?"
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