Assertion certainty 4/5 debate potential 1/5

Bootstrapped Splynx reaches $3M in annual revenue

Alex Fishkinov · SaaS Bootstrapper Hits $3m Revenue with genius niche product · Jul 4, 2022 · at 1:27

Alex Fishkinov is the co-founder and CEO of Splinks, an ISP management software platform.

0:00 / 0:10exact quote · 10.7s
720p mp4 · rendered on demand · StarZero watermark
“We are currently on a three million dollars annual revenue. And we started six years ago and bootstrapped completely.”

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 Alex Fishkinov

Assertion Not checkable as stated
Splynx has around 700 paying business customers
“At the moment we have around 700 companies working with us.”
Alex Fishkinov Jul 4, 2022 ▶ 1:18 SaaS Bootstrapper Hits $3m Revenue with genius niche product
Assertion Not checkable as stated
Splynx grew revenue from $80K to $3M across six years
“It was it was one million. Then we went to two million. So we doubled and always in the previous years, we also doubled the revenue. So we started with like 80,000 dollars. Then we went to two 50. Then we went to 500. Then we went to 1,000,002 million at the m…”
Alex Fishkinov Jul 4, 2022 ▶ 2:52 SaaS Bootstrapper Hits $3m Revenue with genius niche product
Assertion Not checkable as stated
At least 35 of Splynx's 50 employees are engineers
“At least 35.”
Alex Fishkinov Jul 4, 2022 ▶ 5:31 SaaS Bootstrapper Hits $3m Revenue with genius niche product
Assertion Not checkable as stated
Splynx adds 15 customers monthly while losing around two
“So if I can tell you that if we gain 15 customers per month, we lose maybe two customers, but mainly it's a new companies that we're not able to onboard, for example.”
Alex Fishkinov Jul 4, 2022 ▶ 5:46 SaaS Bootstrapper Hits $3m Revenue with genius niche product
Disclosure
Splynx equity is split 48%, 24%, 20%, and 8% among four partners
“The biggest one has 48%. Me and my partner, we have 20, 24, and there is one silent partner with eight percent.”
Alex Fishkinov Jul 4, 2022 ▶ 6:49 SaaS Bootstrapper Hits $3m Revenue with genius niche product
Disclosure
Splynx pays roughly $200,000 in dividends to its four founders
“200,000 more or less.”
Alex Fishkinov Jul 4, 2022 ▶ 8:22 SaaS Bootstrapper Hits $3m Revenue with genius niche product
Made with StarZero

Turn any episode into a week of clips.

This entire site, over 2,600 episodes transcribed, diarized, checked and made playable, runs on the StarZero media pipeline. Drop in your own episode and the podcast clipper finds the moments worth sharing, cuts them, captions them, and reframes them for every feed.