Tyler Austin

1 appearance on the record.

computed by AI from the episodes · how this works → · full disclaimer →

13statements → 8claims → 0claims resolved → 4.08/5average certainty → 1.23/5average debate potential → 1said about them ↓

8 not checkable as stated how the 8 claims stand · each chip opens the sources

8 assertions · 1 insight · 4 disclosures · every statement was checked. The predictions and assertions are the 8 claims: statements the public record can support or contradict. 0 are resolved, and 8 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 Tyler 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 Tyler Austin on measured tape to publish a rate. This says nothing about how they speak.

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

Insight
Austin claims micro-SMB SaaS churn is driven by poor entrepreneurial skills
“I realized that a lot of our churn was because of micro SMB, you know, entrepreneurs not being good entrepreneurs. So we had to fix the mindset of the customer coming into the gate about business, not really about our product.”
Tyler Austin Jan 12, 2022 ▶ 4:43 29 Year Old Bootstraps to $2.4m Revenue, $1m+ in Profits
Assertion Not checkable as stated
Austin claims real estate software competitors face 9% to 18% monthly churn
“I think a lot of people in our space, some of our competing products and others that are similar in our space you know, there's floating around, you know, nine or if not 17, 18%.”
Tyler Austin Jan 12, 2022 ▶ 2:43 29 Year Old Bootstraps to $2.4m Revenue, $1m+ in Profits
Assertion Not checkable as stated
Austin says REI SIFT generates $220,000 monthly revenue, including $140,000 in MRR
“MRR wise, one 40, but there was about another 60 to 80,000 or so. It was like 220,000 last month we did total.”
Tyler Austin Jan 12, 2022 ▶ 12:43 29 Year Old Bootstraps to $2.4m Revenue, $1m+ in Profits
Assertion Not checkable as stated
Austin claims REI SIFT cut monthly churn from 11% to 5%
“We've really went from about, you know, 10, 11% churn down into that, that five range. And sometimes we get that six percent, but that's monthly.”
Tyler Austin Jan 12, 2022 ▶ 2:34 29 Year Old Bootstraps to $2.4m Revenue, $1m+ in Profits
Assertion Not checkable as stated
Austin generated $2,500 MRR from a YouTube video before building any product
“Our, we pre-launched and I did a YouTube video and ended up getting like 50 customers that paid us before there was any product. And so that got us to about 2500 or so MRR.”
Tyler Austin Jan 12, 2022 ▶ 3:59 29 Year Old Bootstraps to $2.4m Revenue, $1m+ in Profits
Assertion Not checkable as stated
Tyler Austin states REI SIFT has approximately 1,300 active customers
“Active customers about 1300.”
Tyler Austin Jan 12, 2022 ▶ 8:27 29 Year Old Bootstraps to $2.4m Revenue, $1m+ in Profits
Disclosure
Austin confirms REI SIFT has been fully bootstrapped without venture capital
“Fully bootstrapped.”
Tyler Austin Jan 12, 2022 ▶ 9:19 29 Year Old Bootstraps to $2.4m Revenue, $1m+ in Profits
Disclosure
Austin confirms he maintains 100% ownership of bootstrapped REI SIFT
“Yes, I do.”
Tyler Austin Jan 12, 2022 ▶ 9:36 29 Year Old Bootstraps to $2.4m Revenue, $1m+ in Profits
Assertion Not checkable as stated
Austin shares that REI SIFT incurs roughly $60,000 in monthly company expenses
“Our total company expenses monthly is about 60,000.”
Tyler Austin Jan 12, 2022 ▶ 12:21 29 Year Old Bootstraps to $2.4m Revenue, $1m+ in Profits
Disclosure
Austin provides every REI SIFT employee with a $5,000 home office budget
“Gave everybody a tech budget now too, as well, because we didn't have that originally. So everybody has a 5000 dollar tech budget that they can use for their home offices and everything else.”
Tyler Austin Jan 12, 2022 ▶ 14:23 29 Year Old Bootstraps to $2.4m Revenue, $1m+ in Profits
Assertion Not checkable as stated
Austin claims REI SIFT reached $2.4M ARR with zero formal marketing spend
“We are looking to hire a marketing person right now because we've done zero marketing to date, you know?”
Tyler Austin Jan 12, 2022 ▶ 18:13 29 Year Old Bootstraps to $2.4m Revenue, $1m+ in Profits
Assertion Not checkable as stated
Austin says REI SIFT's average revenue per user is $100 monthly
“Oh, yeah, yeah. ARPU is about a hundred bucks a month.”
Tyler Austin Jan 12, 2022 ▶ 3:44 29 Year Old Bootstraps to $2.4m Revenue, $1m+ in Profits
Disclosure
Austin invests 40% of founder distributions in real estate and 5% in crypto
“I put a lot of money in whole life policies now index funds, regular stock market, you know, five percent into crypto. And then And so I have a whole diversification that I like to try to do, but most of it's about 40% of my revenue goes into real estate.”
Tyler Austin Jan 12, 2022 ▶ 16:49 29 Year Old Bootstraps to $2.4m Revenue, $1m+ in Profits

The other half of the tape: Tyler Austin's own voice is left out of every number here. 1 statement on the record names them. every mention, with the transcript →

Statements about Tyler Austin, by other people (1)

Insight
Latka argues building a $5M bootstrapped SaaS beats chasing a unicorn IPO
“Tyler's, it's way easier and less risky to build a five million dollar SaaS company than it is to go try and raise five hundred million and build a billion dollar business that you own like one percent of at the time you try an IPO.”
Nathan Latka Jan 12, 2022 ▶ 17:14 29 Year Old Bootstraps to $2.4m Revenue, $1m+ in Profits

Appearances (1)

EpisodeDateSpeaking time
29 Year Old Bootstraps to $2.4m Revenue, $1m+ in Profits Jan 12, 2022 12m
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