WIMI

16 statements across 1 episodes · 4 bullish · 0 bearish · 1 people on the record · first statement Jan 12, 2020 by Lionel Roux · said 17 times in 1 episodes since 2020 · across every show →

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brought up most by Nathan Latka (16), Lionel Roux (1)

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2020 17 mentions in 1 episode

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Everything said about WIMI, oldest first

Jan 12, 2020 neutral
Disclosure
Wimi generates a 5% bottom-line net profit margin
“No, it's actually five percent right now.”
Lionel Roux Jan 12, 2020 ▶ 10:09 1632 How He Got 1000 Customers from 42,000 Free Users, $150k in MRR
Jan 12, 2020
Disclosure
Wimi experiences approximately 20% annual revenue churn
“The churn is about 20% right now.”
Lionel Roux Jan 12, 2020 ▶ 10:43 1632 How He Got 1000 Customers from 42,000 Free Users, $150k in MRR
Jan 12, 2020
Disclosure
Wimi counts Sephora and a major French oil company as customers
“Simply we have a deployment of several thousand people in a large oil company in France. We also provide the solution to Sephora.”
Lionel Roux Jan 12, 2020 ▶ 2:51 1632 How He Got 1000 Customers from 42,000 Free Users, $150k in MRR
Jan 12, 2020 positive
Opinion
European companies are actively seeking alternatives to US software providers
“Companies are looking for alternatives to U S U S softwares. And we sort of built in a credibility, a brand that sort of makes us stand out in France. That's kind of help the recruitment of new customers.”
Lionel Roux Jan 12, 2020 ▶ 12:47 1632 How He Got 1000 Customers from 42,000 Free Users, $150k in MRR
Jan 12, 2020
Assertion Not checkable as stated
Around 42,000 companies currently use Wimi's platform
“We have about 42,000 companies using our product.”
Lionel Roux Jan 12, 2020 ▶ 4:24 1632 How He Got 1000 Customers from 42,000 Free Users, $150k in MRR
Jan 12, 2020
Assertion Not checkable as stated
Wimi currently employs an internal team of 25 people
“We are 25 people right now.”
Lionel Roux Jan 12, 2020 ▶ 8:13 1632 How He Got 1000 Customers from 42,000 Free Users, $150k in MRR
Jan 12, 2020
Disclosure
Wimi customers pay an average of $500 to $600 per month
“On average, it's about what, 500 to 600 dollars a month.”
Lionel Roux Jan 12, 2020 ▶ 2:44 1632 How He Got 1000 Customers from 42,000 Free Users, $150k in MRR
Jan 12, 2020 positive
Disclosure
Wimi is currently cash flow positive
“We're cash positive and it feels so good.”
Lionel Roux Jan 12, 2020 ▶ 10:03 1632 How He Got 1000 Customers from 42,000 Free Users, $150k in MRR
Jan 12, 2020
Disclosure
All Wimi plans include an unlimited number of external guest users
“All our plans include an unlimited number of guests. Which are you know, people operating from outside the company that can be customers, suppliers, and this kind of stuff.”
Lionel Roux Jan 12, 2020 ▶ 2:14 1632 How He Got 1000 Customers from 42,000 Free Users, $150k in MRR
Jan 12, 2020
Assertion Not checkable as stated
Wimi converts about 5% of its user companies to paid customers
“That's about five percent.”
Lionel Roux Jan 12, 2020 ▶ 4:33 1632 How He Got 1000 Customers from 42,000 Free Users, $150k in MRR
Jan 12, 2020 positive
Assertion Not checkable as stated
Wimi operates at a €130,000 to €150,000 monthly revenue run rate
“Right now we are burning, I mean, we're, the run rate is about a 130,000 euros, which would be a 140, a 150.”
Lionel Roux Jan 12, 2020 ▶ 14:37 1632 How He Got 1000 Customers from 42,000 Free Users, $150k in MRR
Jan 12, 2020 neutral
Assertion Not checkable as stated
Wimi sees a roughly 12-month CAC payback on paid marketing
“Yeah, it's about 12 month payback, yeah.”
Lionel Roux Jan 12, 2020 ▶ 13:44 1632 How He Got 1000 Customers from 42,000 Free Users, $150k in MRR
Jan 12, 2020
Disclosure
Inbound acquisition drives 90% of Wimi's overall business
“The majority of the business, it, 90% of the business is comes from inbound.”
Lionel Roux Jan 12, 2020 ▶ 6:32 1632 How He Got 1000 Customers from 42,000 Free Users, $150k in MRR
Jan 12, 2020 bullish
Disclosure
Wimi is growing its revenue at approximately 50% per year
“Yes, yes, we're growing at a rate of about 50% a year.”
Lionel Roux Jan 12, 2020 ▶ 10:51 1632 How He Got 1000 Customers from 42,000 Free Users, $150k in MRR
Jan 12, 2020
Disclosure
Wimi has raised a total of $3.3 million in funding
“3.3 million.”
Lionel Roux Jan 12, 2020 ▶ 9:31 1632 How He Got 1000 Customers from 42,000 Free Users, $150k in MRR
Jan 12, 2020
Disclosure
Existing account expansion fuels roughly half of Wimi's revenue growth
“The old accounts, ah, it would fuel about half of the growth.”
Lionel Roux Jan 12, 2020 ▶ 11:18 1632 How He Got 1000 Customers from 42,000 Free Users, $150k in MRR
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