Sagar Kokakar

Founder & CEO, Billbooks · 1 appearance on the record.

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Sagar Kogekar is the founder of Billbooks, a bootstrapped cloud invoicing and quoting software application for freelancers and small businesses. Prior to Billbooks, he founded Webwingz, a web design and digital development agency established in Pune, India.

12statements → 7claims → 0claims resolved → 3.42/5average certainty → 1.25/5average debate potential →

1 not yet assessed 6 not checkable as stated how the 7 claims stand · each chip opens the sources

1 prediction · 6 assertions · 1 opinion · 4 disclosures · every statement was checked. The prediction and assertions are the 7 claims: statements the public record can support or contradict. 0 are resolved, 1 is not yet assessed, 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.

The record, in short

What the tape says about how Sagar 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 Sagar Kokakar on measured tape to publish a rate. This says nothing about how they speak.

What they said12 Episodes1

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

Assertion Not checkable as stated

Kokakar: Billbooks converts 1% to 3% of free trials to paid

“It really depends, but like a typical it's an average SAS based. So it's one anywhere between one and three percent.”

Sagar Kokakar Aug 10, 2020 ▶ 8:34 BillBooks Invoicing Tool Hits 5,000 Paying Customers, Bootstrapped

Disclosure

Kokakar: Billbooks does not intend to raise outside funding

“I, yeah, we do not intend to raise money for bill books going forward. Hopefully I mean, never say never, but we've got a very firm kind of goal structure the product development structure that we have in place. And we kind of, we know that where we want to go…”

Sagar Kokakar Aug 10, 2020 ▶ 17:23 BillBooks Invoicing Tool Hits 5,000 Paying Customers, Bootstrapped

Prediction Open · timeframe Dec 2027

Kokakar: 50.9% of Americans will probably freelance by 2027

“Like for instance freelancing by 20, 27 about more majority, 50.9% of the Americans would probably venture into freelancing.”

Sagar Kokakar Aug 10, 2020 ▶ 18:41 BillBooks Invoicing Tool Hits 5,000 Paying Customers, Bootstrapped

Disclosure

Kokakar: Billbooks plans run $7.95–$29.95/mo, ARPU is $15–$20

“So our plans start from about seven 95 and they go on to about 29 95. It's still below the market price at the moment and an average customer would spend anywhere between 15 and 20 dollars.”

Sagar Kokakar Aug 10, 2020 ▶ 6:56 BillBooks Invoicing Tool Hits 5,000 Paying Customers, Bootstrapped

Opinion

Kokakar: Billbooks lacks bank reconciliation features compared to competitors

“So we're still lagging behind on, on a few features, I feel, and that could be, possibly be the differentiators between us and the competition.”

Sagar Kokakar Aug 10, 2020 ▶ 9:25 BillBooks Invoicing Tool Hits 5,000 Paying Customers, Bootstrapped

Assertion Not checkable as stated

Kokakar: Billbooks has between 50,000 and 100,000 total paying customers

“Total, I mean I can give you a range anywhere between, you know, 50 and a 100,000, so it can't, you know, it wouldn't go anywhere beyond that.”

Sagar Kokakar Aug 10, 2020 ▶ 12:04 BillBooks Invoicing Tool Hits 5,000 Paying Customers, Bootstrapped

Assertion Not checkable as stated

Kokakar: Billbooks has 5,000 to 8,000 monthly subscription customers

“On the monthly subscription plan would be probably anywhere between five and 8000, yeah.”

Sagar Kokakar Aug 10, 2020 ▶ 12:55 BillBooks Invoicing Tool Hits 5,000 Paying Customers, Bootstrapped

Assertion Not checkable as stated

Kokakar: Billbooks maintains a 30% to 40% net profit margin

“About 30 to 40%.”

Sagar Kokakar Aug 10, 2020 ▶ 18:26 BillBooks Invoicing Tool Hits 5,000 Paying Customers, Bootstrapped

Disclosure

Kokakar: Billbooks' development was funded internally by his digital agency

“I had a digital agency which was internally funding this product.”

Sagar Kokakar Aug 10, 2020 ▶ 3:19 BillBooks Invoicing Tool Hits 5,000 Paying Customers, Bootstrapped

Assertion Not checkable as stated

Kokakar: Billbooks operates with a lean team of just five people

“We're just five.”

Sagar Kokakar Aug 10, 2020 ▶ 3:41 BillBooks Invoicing Tool Hits 5,000 Paying Customers, Bootstrapped

Disclosure

Kokakar: Billbooks launched in 2011 charging $0.50 per invoice sent

“The initial books you mentioned about the revenue model the key was to keep it very economical, and it was a pay-per-use model, so we used to charge 50 cents per invoice sent when we launched back in 2011, instead of per user per month.”

Sagar Kokakar Aug 10, 2020 ▶ 6:25 BillBooks Invoicing Tool Hits 5,000 Paying Customers, Bootstrapped

Assertion Not checkable as stated

Kokakar: Billbooks adds 400 to 500 trial signups per month

“In a month, you could say anywhere between about, ah, four to 500.”

Sagar Kokakar Aug 10, 2020 ▶ 20:45 BillBooks Invoicing Tool Hits 5,000 Paying Customers, Bootstrapped

Appearances (1)

Episode	Date	Speaking time
BillBooks Invoicing Tool Hits 5,000 Paying Customers, Bootstrapped	Aug 10, 2020	11m

Sagar Kokakar

The record, in short

How they sound: not measured why? →

Appearances (1)

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