Polo: AcademyOcean has 15 customers paying an average of $200 monthly
Vladimir Polo · 1205 The Art of Your First $3k in ARR with Ukrainian CEO Vladimir Polo · Nov 11, 2018 · at 5:10
Vladimir Polo, founder of customer education platform AcademyOcean, breaks down the company's early customer count and revenue figures on Top Founders.
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“As we have not so many customers right now, we have 15 customers and our average is around 200, because when we started we have given a few discounted accounts, so they still affect an average.”
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More from Vladimir Polo
Polo: Ukrainian software developers average $1,000 to $4,000 per month
“I think average from 1000 to 4000 per month. Like it depends and it depends on is it just an outsource company working for like for a contract or is the startup where they have a share”
Polo: AcademyOcean raised $100,000 from Netpeak for 10% equity
“Actually, we've got an investment from Netpeak. It's one of the edges is, it was 100 K for 10%.”
Polo: AcademyOcean has roughly six months of cash runway remaining
“Yeah, we have around half of a year.”
Polo: AcademyOcean operates on roughly $7,000 in monthly expenses
“No, it's less. It's we've spent some money before, so it's around seven.”
Polo: Half of AcademyOcean clients use customer academies for lead generation
“Actually half of our clients use academies directly to teach their current customers. About how to use a product or about how to use new features. And another half are using academies in a very interesting way. They use it as a brand new content marketing tool…”