Yuval Stockhammer, co-founder of hotel management SaaS Mini Hotel, discusses customer acquisition cost and onboarding efficiency with Nathan Latka.
0:00 / 0:08exact quote · 8.7s
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“A client mostly costs us around three or 400 dollars to implement because we have automated tools that are helping us.”
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More from Yuval Stockhammer
AssertionNot checkable as stated
Mini Hotel loses a maximum of one customer per month
“We don't have more than one client per month leaving us.”
Yuval StockhammerSep 21, 2023▶ 17:15How this Hotel SaaS Hit $1.3m ARR and 1400 Customers
AssertionSupported
Senior software engineers in Israel cost $15,000 to $20,000 monthly
“Most senior ones take around maybe between 15 and 20,000 dollars per month.”
Yuval StockhammerSep 21, 2023▶ 7:10How this Hotel SaaS Hit $1.3m ARR and 1400 Customers
Opinion
Yuval Stockhammer values Mini Hotel at a minimum of $15 million
“I, in my head, it's at least fifteen million dollars.”
Yuval StockhammerSep 21, 2023▶ 15:44How this Hotel SaaS Hit $1.3m ARR and 1400 Customers
AssertionNot checkable as stated
Over 90% of Mini Hotel customers stayed through the COVID-19 pandemic
“Our clients were, during COVID, we had a 50% drop in our revenue, but the clients came, came through it, and in 90 plus percent of them stayed”
Yuval StockhammerSep 21, 2023▶ 17:57How this Hotel SaaS Hit $1.3m ARR and 1400 Customers
AssertionNot checkable as stated
Mini Hotel's average customer pays around $85 per month
“Currently it's around 85 dollars per month.”
Yuval StockhammerSep 21, 2023▶ 2:23How this Hotel SaaS Hit $1.3m ARR and 1400 Customers
Disclosure
Mini Hotel has raised $0 in outside capital since 2007
“Bootstrapped zero dollars since 2007.”
Yuval StockhammerSep 21, 2023▶ 3:55How this Hotel SaaS Hit $1.3m ARR and 1400 Customers
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