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Paras Chopra

Founder, Lossfunk · 1 appearance on the record.

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founderexecutiveauthorinvestorscientist@paraschopra ↗LinkedIn ↗lossfunk.com ↗

Paras Chopra is the founder of Lossfunk and the creator of VWO and Wingify, which he bootstrapped into a global SaaS company. He is also an angel investor and author who writes on startups, science, and mental models.

10statements → 1claims → 0claims resolved → 3.8/5average certainty → 1.3/5average debate potential →

1 not checkable as stated how the 1 claim stands · each chip opens the sources

1 assertion · 2 insights · 7 disclosures · every statement was checked. The predictions and assertion are the 1 claim: statements the public record can support or contradict. 0 are resolved, and 1 names 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.

The record, in short

What the tape says about how Paras argues and how the claims held up. Everything they said, and everything said about them, is in the tabs below.

How they sound: not measured why? →

We measure speaking style by listening to the audio itself, and a fair number needs at least 2,000 words from one person on tape we have measured. There is too little of Paras Chopra on measured tape to publish a rate. This says nothing about how they speak.

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

Insight
Chopra: Monthly logo churn above 3% is bad for SaaS
“So, I mean, you can talk about anything, say, above three percent as a bad churn. At least that's how I look at things.”
Paras Chopra May 21, 2018 ▶ 6:24 1031 How VWO Bootstrapped to $15m+
Insight
Chopra: A/B testing software churn drops with dedicated optimization teams
“So if a marketer at a small business is doing email marketing, SEO, AdWords, and also AB testing, it's not That person's main responsibility. So it hasn't gone into the workflow for many businesses yet, but for businesses who have dedicated resources and teams…”
Paras Chopra May 21, 2018 ▶ 8:09 1031 How VWO Bootstrapped to $15m+
Disclosure
Chopra: Wingify generates about $18 million in annual revenue
“So we're doing about 18 mil, about 18 mil per year.”
Paras Chopra May 21, 2018 ▶ 10:20 1031 How VWO Bootstrapped to $15m+
Disclosure
Chopra: Bootstrapped Wingify spends one-sixth to one-fifth of LTV on CAC
“Typically since we've been bootstrapped, we spend say one-sixth of the LTV or one-fifth of the LTV. We haven't gone as far as like one-third or one-twelfth. We haven't been very aggressive.”
Paras Chopra May 21, 2018 ▶ 13:23 1031 How VWO Bootstrapped to $15m+
Disclosure
Chopra: Wingify is fully bootstrapped with no outside funding
“Bootstrapped. We haven't raised any funding.”
Paras Chopra May 21, 2018 ▶ 2:51 1031 How VWO Bootstrapped to $15m+
Disclosure
Paras Chopra: VWO's pricing sweet spot is $300 to $500 monthly
“So you can think of it as something like maybe 300 to 500 dollars per month. That range is the sweet spot where we play in.”
Paras Chopra May 21, 2018 ▶ 5:02 1031 How VWO Bootstrapped to $15m+
Disclosure
Chopra: VWO has low enterprise churn but high SMB churn
“Enterprises, we hardly have churn, but I mean, we have a spectrum of custom. For small businesses, definitely more than that.”
Paras Chopra May 21, 2018 ▶ 6:40 1031 How VWO Bootstrapped to $15m+
Disclosure
Chopra: VWO has about 5,000 paying customers and PushCrew has 1,000
“Yeah, about 5000 for VW and a thousand for Bush Group.”
Paras Chopra May 21, 2018 ▶ 9:42 1031 How VWO Bootstrapped to $15m+
Assertion Not checkable as stated
Chopra: Wingify employs about 200 people
“About 200.”
Paras Chopra May 21, 2018 ▶ 2:58 1031 How VWO Bootstrapped to $15m+
Disclosure
Chopra: VWO Targets Mid-Market and Enterprise Over Single-Person Shops
“Typically we work with mid-size businesses, so not very small e-commerce clients like a one-person e-commerce shop will not be very good fit with but anything on the midsize or enterprise side, we work well with them.”
Paras Chopra May 21, 2018 ▶ 3:07 1031 How VWO Bootstrapped to $15m+

Appearances (1)

EpisodeDateSpeaking time
1031 How VWO Bootstrapped to $15m+ May 21, 2018 6m
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