Disclosure certainty 4/5 debate potential 1/5

Kale: Mailtag bootstrapped with $250K in founder capital

Rishikesh Kale · 1529 Will This Company Ever Scale Past $6k/mo? · Oct 1, 2019 · at 4:59

Rishikesh Kale discusses the initial funding and capitalization of email productivity SaaS Mailtag.

0:00 / 0:04exact quote · 4.6s
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“We bootstrap it with a seed capital. We put our own capital around two 50 K”

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More from Rishikesh Kale

Disclosure
Mailtag Bases Valuation on Free Installs and Users, Not Revenue
“So valuation is based on a number of installs that we have and the number of users that we have right now. So that's our source of evaluation.”
Rishikesh Kale Oct 1, 2019 ▶ 9:26 1529 Will This Company Ever Scale Past $6k/mo?
Opinion
Kale Values Mailtag Between $1M and $2M Despite $4.5K MRR
“We value it between around let's say one to two million dollars.”
Rishikesh Kale Oct 1, 2019 ▶ 14:39 1529 Will This Company Ever Scale Past $6k/mo?
Assertion Not checkable as stated
Paid Ads Cannot Justify Mailtag's $7 Monthly Subscription Price
“We tried running a few digital ad campaigns like a Google AdWords or Facebook in the past, but that, that's been not much efficient, and it doesn't justify the seven dollar per month cost to acquire the user because the conversion to the different sort of an a…”
Rishikesh Kale Oct 1, 2019 ▶ 6:38 1529 Will This Company Ever Scale Past $6k/mo?
Assertion Not checkable as stated
Mailtag has eight team members split between India and Arizona
“Now we have a team of a eight people with us working on this product. Most of my team is split between Pune, India and Phoenix Arizona.”
Rishikesh Kale Oct 1, 2019 ▶ 2:37 1529 Will This Company Ever Scale Past $6k/mo?
Assertion Not checkable as stated
Kale: Mailtag has over 600 paying customers
“We have more than 600 paying customers”
Rishikesh Kale Oct 1, 2019 ▶ 5:00 1529 Will This Company Ever Scale Past $6k/mo?
Prediction Not checkable as stated
Kale: Mailtag will soon reach $100K in ARR
“We will be soon reaching our revenue annual recurring revenue of a hundred K.”
Rishikesh Kale Oct 1, 2019 ▶ 5:00 1529 Will This Company Ever Scale Past $6k/mo?
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