Feb 4, 2016 · 21m · top-founders

Edgar Social Posting Tool Does $2.2m in Annual Revenue with Laura Roeder of Edgar

Laura Roeder · 10m spoken Nathan Latka · 9m spoken
0:00 / 0:00

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In this episode of The Top, host Nathan Latka interviews entrepreneur Laura Roeder about transitioning from online course creator to bootstrapping Edgar, a social media automation SaaS that achieved $2.2 million in annual recurring revenue. Roeder breaks down her customer acquisition tactics, pricing strategy, and operational unit economics.

How this conversation actually went

Every chapter scored 0–10 on four independent dynamics. Hover any point for the reasoning behind the score. Nathan holds 46.9% of the talking time here. How this is scored →

Nathan as informed peer 5.0 Guest teaching 3.2 Guest disagreement 1.2 Nathan pushing back 1.5
05100:0010:0020:001:06–4:17 · Nathan as informed peer 5/10 Introducing Laura Roeder and the Genesis of Edgar Nathan introduces Laura and explores the transition from selling info products to SaaS software. Laura articulates the technical friction and intimidation non-technical creators feel when considering software development.4:17–6:43 · Nathan as informed peer 6/10 Partnering with Developers and the Value of Marketing Laura highlights how non-technical marketers often undervalue their marketing ability when partnering with developers. Nathan reinforces this with specific examples of high-earning course creators he previously interviewed.6:43–9:16 · Nathan as informed peer 5/10 Edgar's Launch Strategy and Organic Social Outreach Nathan investigates Edgar's early distribution and uncovers Laura's 80,000-subscriber existing email list. He quickly contextualizes this for listeners so they do not feel discouraged by her pre-existing distribution advantage.9:17–14:48 · Nathan as informed peer 7/10 Bootstrapping, SaaS Pricing Models, and Target Audience Selection Nathan drills into MRR, CAC, churn, and attempts to calculate Laura's LTV on air using standard SaaS formulas. Laura pushes back against over-relying on LTV metrics in bootstrapped companies and breaks down first-month vs mature churn dynamics.14:48–17:56 · Nathan as informed peer 6/10 User Activation Challenges and Measurable Traffic Growth Laura breaks down onboarding and the friction of user activation around upfront content loading. Nathan shares detailed performance metrics from using Edgar to drive thousands of podcast clicks.17:58–18:53 · Nathan as informed peer 1/10 Contest Instructions, Resource Links, and Guest Contacts Nathan delivers contest housekeeping details, shares promotional links, and asks Laura for her online social contact handle.1:06–4:17 · Guest teaching 4/10 Introducing Laura Roeder and the Genesis of Edgar Nathan introduces Laura and explores the transition from selling info products to SaaS software. Laura articulates the technical friction and intimidation non-technical creators feel when considering software development.4:17–6:43 · Guest teaching 3/10 Partnering with Developers and the Value of Marketing Laura highlights how non-technical marketers often undervalue their marketing ability when partnering with developers. Nathan reinforces this with specific examples of high-earning course creators he previously interviewed.6:43–9:16 · Guest teaching 3/10 Edgar's Launch Strategy and Organic Social Outreach Nathan investigates Edgar's early distribution and uncovers Laura's 80,000-subscriber existing email list. He quickly contextualizes this for listeners so they do not feel discouraged by her pre-existing distribution advantage.9:17–14:48 · Guest teaching 6/10 Bootstrapping, SaaS Pricing Models, and Target Audience Selection Nathan drills into MRR, CAC, churn, and attempts to calculate Laura's LTV on air using standard SaaS formulas. Laura pushes back against over-relying on LTV metrics in bootstrapped companies and breaks down first-month vs mature churn dynamics.14:48–17:56 · Guest teaching 3/10 User Activation Challenges and Measurable Traffic Growth Laura breaks down onboarding and the friction of user activation around upfront content loading. Nathan shares detailed performance metrics from using Edgar to drive thousands of podcast clicks.17:58–18:53 · Guest teaching 0/10 Contest Instructions, Resource Links, and Guest Contacts Nathan delivers contest housekeeping details, shares promotional links, and asks Laura for her online social contact handle.1:06–4:17 · Guest disagreement 1/10 Introducing Laura Roeder and the Genesis of Edgar Nathan introduces Laura and explores the transition from selling info products to SaaS software. Laura articulates the technical friction and intimidation non-technical creators feel when considering software development.4:17–6:43 · Guest disagreement 1/10 Partnering with Developers and the Value of Marketing Laura highlights how non-technical marketers often undervalue their marketing ability when partnering with developers. Nathan reinforces this with specific examples of high-earning course creators he previously interviewed.6:43–9:16 · Guest disagreement 1/10 Edgar's Launch Strategy and Organic Social Outreach Nathan investigates Edgar's early distribution and uncovers Laura's 80,000-subscriber existing email list. He quickly contextualizes this for listeners so they do not feel discouraged by her pre-existing distribution advantage.9:17–14:48 · Guest disagreement 3/10 Bootstrapping, SaaS Pricing Models, and Target Audience Selection Nathan drills into MRR, CAC, churn, and attempts to calculate Laura's LTV on air using standard SaaS formulas. Laura pushes back against over-relying on LTV metrics in bootstrapped companies and breaks down first-month vs mature churn dynamics.14:48–17:56 · Guest disagreement 1/10 User Activation Challenges and Measurable Traffic Growth Laura breaks down onboarding and the friction of user activation around upfront content loading. Nathan shares detailed performance metrics from using Edgar to drive thousands of podcast clicks.17:58–18:53 · Guest disagreement 0/10 Contest Instructions, Resource Links, and Guest Contacts Nathan delivers contest housekeeping details, shares promotional links, and asks Laura for her online social contact handle.1:06–4:17 · Nathan pushing back 1/10 Introducing Laura Roeder and the Genesis of Edgar Nathan introduces Laura and explores the transition from selling info products to SaaS software. Laura articulates the technical friction and intimidation non-technical creators feel when considering software development.4:17–6:43 · Nathan pushing back 1/10 Partnering with Developers and the Value of Marketing Laura highlights how non-technical marketers often undervalue their marketing ability when partnering with developers. Nathan reinforces this with specific examples of high-earning course creators he previously interviewed.6:43–9:16 · Nathan pushing back 2/10 Edgar's Launch Strategy and Organic Social Outreach Nathan investigates Edgar's early distribution and uncovers Laura's 80,000-subscriber existing email list. He quickly contextualizes this for listeners so they do not feel discouraged by her pre-existing distribution advantage.9:17–14:48 · Nathan pushing back 4/10 Bootstrapping, SaaS Pricing Models, and Target Audience Selection Nathan drills into MRR, CAC, churn, and attempts to calculate Laura's LTV on air using standard SaaS formulas. Laura pushes back against over-relying on LTV metrics in bootstrapped companies and breaks down first-month vs mature churn dynamics.14:48–17:56 · Nathan pushing back 1/10 User Activation Challenges and Measurable Traffic Growth Laura breaks down onboarding and the friction of user activation around upfront content loading. Nathan shares detailed performance metrics from using Edgar to drive thousands of podcast clicks.17:58–18:53 · Nathan pushing back 0/10 Contest Instructions, Resource Links, and Guest Contacts Nathan delivers contest housekeeping details, shares promotional links, and asks Laura for her online social contact handle.

speaking balance: gold is Nathan, purple is the guest (3 minute bins)

0:00 · Nathan 64.3% · guest 35.7%0:00 · Nathan 64.3% · guest 35.7%3:00 · Nathan 33.7% · guest 66.3%3:00 · Nathan 33.7% · guest 66.3%6:00 · Nathan 36.7% · guest 63.3%6:00 · Nathan 36.7% · guest 63.3%9:00 · Nathan 43.9% · guest 56.1%9:00 · Nathan 43.9% · guest 56.1%12:00 · Nathan 35.3% · guest 64.7%12:00 · Nathan 35.3% · guest 64.7%15:00 · Nathan 52.4% · guest 47.6%15:00 · Nathan 52.4% · guest 47.6%18:00 · Nathan 49.1% · guest 50.9%18:00 · Nathan 49.1% · guest 50.9%21:00 · Nathan 98.2% · guest 1.8%21:00 · Nathan 98.2% · guest 1.8%
Sharpest disagreement ▶ 13:27 Laura dismissing standard LTV calculations

Laura directly challenges Nathan's textbook SaaS formula, labeling traditional LTV projections as a risky fallacy for bootstrapped software companies.

Hardest push from Nathan ▶ 10:00 Nathan probing equity split between founders

Nathan interrupts the discussion to press directly on the exact ownership split between Laura and her developer husband.

Biggest teaching moment ▶ 13:50 Laura explaining first-month churn segmentation

Laura educates Nathan on why aggregate churn numbers are misleading without separating immediate first-month drop-offs from retained long-term customers.

Nathan holds their own ▶ 13:03 Nathan calculating retention and customer lifetime value live

Nathan demonstrates SaaS financial expertise by running through monthly churn inversion, customer lifespan in months, and ARPU multiplication live on air.

the scores for every segment, with the reasoning behind each
ChapterTopicNathan as informed peerGuest teachingGuest disagreementNathan pushing backWhy
Introducing Laura Roeder and the Genesis of Edgar 5411 Nathan introduces Laura and explores the transition from selling info products to SaaS software. Laura articulates the technical friction and intimidation non-technical creators feel when considering software development.
Partnering with Developers and the Value of Marketing 6311 Laura highlights how non-technical marketers often undervalue their marketing ability when partnering with developers. Nathan reinforces this with specific examples of high-earning course creators he previously interviewed.
Edgar's Launch Strategy and Organic Social Outreach 5312 Nathan investigates Edgar's early distribution and uncovers Laura's 80,000-subscriber existing email list. He quickly contextualizes this for listeners so they do not feel discouraged by her pre-existing distribution advantage.
Bootstrapping, SaaS Pricing Models, and Target Audience Selection 7634 Nathan drills into MRR, CAC, churn, and attempts to calculate Laura's LTV on air using standard SaaS formulas. Laura pushes back against over-relying on LTV metrics in bootstrapped companies and breaks down first-month vs mature churn dynamics.
User Activation Challenges and Measurable Traffic Growth 6311 Laura breaks down onboarding and the friction of user activation around upfront content loading. Nathan shares detailed performance metrics from using Edgar to drive thousands of podcast clicks.
Contest Instructions, Resource Links, and Guest Contacts 1000 Nathan delivers contest housekeeping details, shares promotional links, and asks Laura for her online social contact handle.

Statements from this episode (6)

Assertion Not checkable as stated
Roeder launched Edgar with an existing email list of 80,000 subscribers
“From my previous business, we had about 80,000 on the list.”
Laura Roeder Feb 4, 2016 ▶ 8:34
Disclosure
Edgar avoided a free tier to manage bootstrapped startup costs
“We decided not to have a free plan. And one reason for that is because we're bootstrapped. So we couldn't really afford to support, you know, lots and lots of customers that weren't paying us.”
Laura Roeder Feb 4, 2016 ▶ 9:33
Disclosure
Laura Roeder owns 100% of the equity in Edgar
“Oh, I own all that.”
Laura Roeder Feb 4, 2016 ▶ 10:03
Assertion Not checkable as stated
Edgar reached $2.2M ARR and 4,000 customers by January 2016
“We have just under 4000 customers. So we're at about 2.2 million annual reoccurring.”
Laura Roeder Feb 4, 2016 ▶ 11:25
Assertion Not checkable as stated
Edgar spends $30,000 per month on Facebook ads for acquisition
“We spend about 30,000 a month on, on Facebook ads.”
Laura Roeder Feb 4, 2016 ▶ 12:06
Insight
Bootstrapped SaaS companies must be cautious relying on LTV metrics
“As a bootstrap company I think you have to be really careful with lifetime value because it takes you a long time to make that amount of money.”
Laura Roeder Feb 4, 2016 ▶ 13:31
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