WP Simple Pay

5 statements across 1 episodes · 0 bullish · 0 bearish · 1 people on the record · first statement Oct 4, 2020 by Pippin Williamson · said 15 times in 1 episodes since 2020 · across every show →

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brought up most by Pippin Williamson (9), Nathan Latka (6)

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Everything said about WP Simple Pay, oldest first

Oct 4, 2020
Disclosure
Sandhills granted WP Simple Pay's founder fully vested equity upfront upon acquisition
“At four sandals development, we do have a vesting period for all owners. There are, there's five of us partners. But with his, we actually considered his fully vested because basically his value was the five to eight years of WP simple pay that he had run befo…”
Pippin Williamson Oct 4, 2020 ▶ 19:26 SandHill Dev Sells $55k/mo Side Project for $1m+, Now Building 4 Other Products $3.6m Run Rate
Oct 4, 2020
Assertion Not checkable as stated
WP Simple Pay generated $22,000 to $24,000 monthly revenue at acquisition
“It was doing about 22 to 24,000.”
Pippin Williamson Oct 4, 2020 ▶ 18:52 SandHill Dev Sells $55k/mo Side Project for $1m+, Now Building 4 Other Products $3.6m Run Rate
Oct 4, 2020
Disclosure
Sandhills Development acquired WP Simple Pay through an equity swap
“We basically came to an agreement where he bought into the company and his, basically his selling the price for WP Simple Pay was equity. So we gave him equity in the company and he gave us WP Simple Pay.”
Pippin Williamson Oct 4, 2020 ▶ 18:35 SandHill Dev Sells $55k/mo Side Project for $1m+, Now Building 4 Other Products $3.6m Run Rate
Oct 4, 2020 neutral
Assertion Not checkable as stated
WP Simple Pay generates $40,000 to $45,000 in monthly recurring revenue
“WP simple pay, which is a simple e-commerce tool, basically allow simple payments through stripe.com for website or business owners. And it does about 40 to 45,000.”
Pippin Williamson Oct 4, 2020 ▶ 11:29 SandHill Dev Sells $55k/mo Side Project for $1m+, Now Building 4 Other Products $3.6m Run Rate
Oct 4, 2020 neutral
Assertion Not checkable as stated
WP Simple Pay currently maintains 4,300 active paying customers
“It currently has 4300 active customers.”
Pippin Williamson Oct 4, 2020 ▶ 16:51 SandHill Dev Sells $55k/mo Side Project for $1m+, Now Building 4 Other Products $3.6m Run Rate
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