Jan Lugacci

Co-Founder & CEO, Paymo · 1 appearance on the record.

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founderexecutive@jan_lukacs ↗LinkedIn ↗paymoapp.com ↗

Jan Lukacs is the co-founder and CEO of Paymo, a Romania-based SaaS platform providing integrated project management, time tracking, and invoicing. Before scaling Paymo, he studied mathematics and computer science and launched multiple web development and consultancy ventures.

10statements → 6claims → 0claims resolved → 3.8/5average certainty → 1.1/5average debate potential →

6 not checkable as stated how the 6 claims stand · each chip opens the sources

1 prediction · 5 assertions · 4 disclosures · every statement was checked. The prediction and assertions are the 6 claims: statements the public record can support or contradict. 0 are resolved, and 6 name no date, number or outcome precise enough to check. Everything else (opinions, insights, what ifs, disclosures) can never be settled by the record, so it carries no assessment.

What they said10 Episodes1

Everything Jan Lugacci said on Top Founders that made the record, most notable first. Filter by type, assessment or year in the ledger →

Disclosure

Lugacci: Paymo remains fully bootstrapped through reinvested profits

“Yeah, we're still bootstrapped. So we kept reinvesting our own money. Into the company and we're still bootstrapped at the moment.”

Jan Lugacci Dec 9, 2017 ▶ 4:23 868 SaaS: The Argument for Spending 100% LTV on CAC

Assertion Not checkable as stated

Lugacci: Paymo serves over 20,000 seats across businesses

“That's businesses. So in terms of seats, it's over 20 K. 20.”

Jan Lugacci Dec 9, 2017 ▶ 6:17 868 SaaS: The Argument for Spending 100% LTV on CAC

Prediction Not checkable as stated

Lugacci: Bootstrapped Paymo expects to generate $1.5M in 2017 revenue

“So we'll probably be doing around 1.5 million this year.”

Jan Lugacci Dec 9, 2017 ▶ 6:51 868 SaaS: The Argument for Spending 100% LTV on CAC

Assertion Not checkable as stated

Lugacci: Paymo's monthly logo churn is between 2% and 3%

“It's between two to three percent, but usually below three percent.”

Jan Lugacci Dec 9, 2017 ▶ 9:12 868 SaaS: The Argument for Spending 100% LTV on CAC

Disclosure

Lugacci: Paymo spends $15K to $30K monthly on paid acquisition

“We usually spend from 15 to 30 K a month.”

Jan Lugacci Dec 9, 2017 ▶ 9:47 868 SaaS: The Argument for Spending 100% LTV on CAC

Disclosure

Lugacci: Paymo completely avoids advertising on Facebook

“Yeah, we don't advertise on Facebook at all.”

Jan Lugacci Dec 9, 2017 ▶ 9:54 868 SaaS: The Argument for Spending 100% LTV on CAC

Disclosure

Lugacci: Paymo customer LTV can reach up to $5,000

“It really depends on the obviously on the customer side size, but it can go up to 5000 dollars.”

Jan Lugacci Dec 9, 2017 ▶ 10:41 868 SaaS: The Argument for Spending 100% LTV on CAC

Assertion Not checkable as stated

Lugacci: Paymo reached around $800k ARR in December 2016

“Around 800.”

Jan Lugacci Dec 9, 2017 ▶ 14:49 868 SaaS: The Argument for Spending 100% LTV on CAC

Assertion Not checkable as stated

Lugacci: Paymo's average seat price is around $15

“Around 15 bucks.”

Jan Lugacci Dec 9, 2017 ▶ 2:39 868 SaaS: The Argument for Spending 100% LTV on CAC

Assertion Not checkable as stated

Lugacci: Paymo operates with a team of 13 people

“We're for 13 people.”

Jan Lugacci Dec 9, 2017 ▶ 4:17 868 SaaS: The Argument for Spending 100% LTV on CAC

Appearances (1)

Episode	Date	Speaking time
868 SaaS: The Argument for Spending 100% LTV on CAC	Dec 9, 2017	6m

Jan Lugacci

Appearances (1)

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