Younium

12 statements across 1 episodes · 4 bullish · 0 bearish · 1 people on the record · first statement Apr 11, 2024 by Nicholas Lillia · said 22 times in 1 episodes since 2024 · across every show →

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Everything said about Younium, oldest first

Apr 11, 2024
Disclosure
Lillia: Younium operates between CRMs and accounting software to manage subscriptions
“We typically sit between like a Salesforce and a HubSpot and a backend like a NetSuite or a QuickBooks and perhaps your own service and how to get that orchestrated and done in a good way, all the way from, you know, quoting, Dealing with the subscription over…”
Nicholas Lillia Apr 11, 2024 ▶ 2:31 How Younium Hit 200 Customers Paying $30k ACV For its Billing and Revenue Analytics tool
Apr 11, 2024 positive
Insight
Lillia: Subscription billing problems ultimately land on CFOs, not sales
“Our thesis is what the, you know, you can sort of get by with a lot of things, but in the end, it all falls down into the lap of the CFO and they have to figure out the solution. But if you're in sales, you can do something and then you can just push it downst…”
Nicholas Lillia Apr 11, 2024 ▶ 9:27 How Younium Hit 200 Customers Paying $30k ACV For its Billing and Revenue Analytics tool
Apr 11, 2024 neutral
Disclosure
Lillia: Younium has raised around $10 million in funding
“Around Ten million US dollars.”
Nicholas Lillia Apr 11, 2024 ▶ 16:16 How Younium Hit 200 Customers Paying $30k ACV For its Billing and Revenue Analytics tool
Apr 11, 2024
Disclosure
Lillia: Younium has an average price point around $30,000 per year
“So typically I would say like an average price point is around 30,000 dollars a year a year that is, right? So so that's some average, but you know, quite, quite a big spread from small companies to big companies as well.”
Nicholas Lillia Apr 11, 2024 ▶ 6:14 How Younium Hit 200 Customers Paying $30k ACV For its Billing and Revenue Analytics tool
Apr 11, 2024
Disclosure
Lillia: Younium focuses exclusively on complex B2B deals rather than standardized B2C
“We are focused only on B to B, so we don't do any B to C. So you definitely have some players, you know, doing a bit of B to C, and also like B to small B, where it's very, very standardized. Maybe it's an online, 99 dollars a month, very standardized. They ar…”
Nicholas Lillia Apr 11, 2024 ▶ 3:25 How Younium Hit 200 Customers Paying $30k ACV For its Billing and Revenue Analytics tool
Apr 11, 2024 positive
Prediction Not checkable as stated
Lillia: Younium targets reaching cash flow positivity by end of 2024
“So I'm targeting cashflow positive by, you know, end of 24.”
Nicholas Lillia Apr 11, 2024 ▶ 15:10 How Younium Hit 200 Customers Paying $30k ACV For its Billing and Revenue Analytics tool
Apr 11, 2024 neutral
Assertion Not checkable as stated
Lillia: Younium has close to 60 full-time employees
“So we're currently close to 60.”
Nicholas Lillia Apr 11, 2024 ▶ 10:36 How Younium Hit 200 Customers Paying $30k ACV For its Billing and Revenue Analytics tool
Apr 11, 2024 neutral
Disclosure
Lillia: Younium sets sales quotas at five times OTE
“The AR they bring in should be five times the OT.”
Nicholas Lillia Apr 11, 2024 ▶ 13:23 How Younium Hit 200 Customers Paying $30k ACV For its Billing and Revenue Analytics tool
Apr 11, 2024 positive
Assertion Not checkable as stated
Lillia: Younium has surpassed 200 paying customers
“So we crossed 200.”
Nicholas Lillia Apr 11, 2024 ▶ 14:37 How Younium Hit 200 Customers Paying $30k ACV For its Billing and Revenue Analytics tool
Apr 11, 2024 positive
Assertion Not checkable as stated
Lillia: Younium generates around $6.5M in ARR
“No, the 30 K per customer is probably 31 or 32. I know something, but when you multiply with 200, it's still sort of something. So, so, so I would say around like six and a half million views dollars, something like that.”
Nicholas Lillia Apr 11, 2024 ▶ 15:51 How Younium Hit 200 Customers Paying $30k ACV For its Billing and Revenue Analytics tool
Apr 11, 2024 neutral
Assertion Not checkable as stated
Lillia: Younium has six quota-carrying sales reps
“So at the moment, I think we are six code of the carrying reps.”
Nicholas Lillia Apr 11, 2024 ▶ 11:07 How Younium Hit 200 Customers Paying $30k ACV For its Billing and Revenue Analytics tool
Apr 11, 2024 neutral
Insight
Lillia: Early-stage SaaS should prioritize new customer acquisition over net retention
“But I think also, when you are, you know, when you're not super, super big, I think, like, new customer growth, Is equally, if not more important as well. I, if you do the math, I definitely see, you know, a ramping effect if you accumulate over years. But als…”
Nicholas Lillia Apr 11, 2024 ▶ 8:05 How Younium Hit 200 Customers Paying $30k ACV For its Billing and Revenue Analytics tool
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