Lugacci: Bootstrapped Paymo expects to generate $1.5M in 2017 revenue
Jan Lugacci · 868 SaaS: The Argument for Spending 100% LTV on CAC · Dec 9, 2017 · at 6:51
Jan Lugacci, CEO of SaaS platform Paymo, projects the bootstrapped company's annual revenue trajectory for 2017.
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“So we'll probably be doing around 1.5 million this year.”
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More from Jan Lugacci
Lugacci: Paymo remains fully bootstrapped through reinvested profits
“Yeah, we're still bootstrapped. So we kept reinvesting our own money. Into the company and we're still bootstrapped at the moment.”
Lugacci: Paymo serves over 20,000 seats across businesses
“That's businesses. So in terms of seats, it's over 20 K. 20.”
Lugacci: Paymo's monthly logo churn is between 2% and 3%
“It's between two to three percent, but usually below three percent.”
Lugacci: Paymo spends $15K to $30K monthly on paid acquisition
“We usually spend from 15 to 30 K a month.”