Assertion certainty 4/5 debate potential 1/5

Wu: Venngage reaches approximately $250K in monthly recurring revenue

Eugene Wu · 890 SaaS: Self Serve Infographics Tool Hits $250k MRR · Dec 31, 2017 · at 8:38

Venngage CEO Eugene Wu shares the company's recurring revenue scale with Nathan Latka.

0:00 / 0:03exact quote · 3.1s
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“Around there. We're about two 50 in in MMR. Yeah.”

quote is from the automated transcript, cleaned for reading: filler sounds and stutters are removed, nothing is rephrased. names can be misheard (the analysis reads context, assessments check outside sources). how →

More from Eugene Wu

Insight
Wu: Cash-flowing SaaS companies should avoid VC and follow the Basecamp model
“The real reason is like, I'm pretty happy running the company cashflow. Like I don't know, to be honest, if you're cashflow positive and you can be profitable and you can grow at a sustainable rate, Why? And you're growing at a decent rate enough that you know…”
Eugene Wu Dec 31, 2017 ▶ 22:41 890 SaaS: Self Serve Infographics Tool Hits $250k MRR
Assertion Not checkable as stated
Wu: Venngage has over one million users but ignores vanity metrics
“Users. We have like in the millions, like I honestly don't track three users just cause it's a vanity number, but it's over a million. I don't know what it is at the moment. We hit a million a while ago and I have not kept track.”
Eugene Wu Dec 31, 2017 ▶ 8:19 890 SaaS: Self Serve Infographics Tool Hits $250k MRR
Insight
Wu: Test keyword conversions with Google AdWords before committing to SEO
“We buy AdWords first just to make sure those words convert. And before we go all in on, on, on, on organic.”
Eugene Wu Dec 31, 2017 ▶ 14:01 890 SaaS: Self Serve Infographics Tool Hits $250k MRR
Assertion Not checkable as stated
Wu: Venngage experiences approximately 10% monthly logo churn
“It's about like 10%.”
Eugene Wu Dec 31, 2017 ▶ 18:17 890 SaaS: Self Serve Infographics Tool Hits $250k MRR
Disclosure
Wu aims to grow Venngage into a $100M+ company over 10 years
“I want to grow this to like a hundred million plus company. So would you, I mean, obviously we're talking about very long-term here. I'm not talking about in the next, You know, two or three years. I'm talking about next 10 years.”
Eugene Wu Dec 31, 2017 ▶ 21:55 890 SaaS: Self Serve Infographics Tool Hits $250k MRR
Disclosure
Venngage launched with $50K from Jolt and government grants
“So we had, you know, there, we had some initial money from Accelerator, like, 50,000 dollars from Jolt. And then we got, you know, a couple of smaller grants from the government. So, but it's mainly bootstrapped.”
Eugene Wu Dec 31, 2017 ▶ 7:20 890 SaaS: Self Serve Infographics Tool Hits $250k MRR
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