Disclosure certainty 5/5 debate potential 1/5

PQINA Is Fully Bootstrapped Without Outside Capital

Rick Schennink · Doka Image Editor SDK Sells $120k Licenses · Sep 23, 2020 · at 8:07

Solo founder Rick Schennink discloses PQINA's funding structure during an interview with Nathan Latka.

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“It's bootstrapped.”

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 Rick Schennink

Disclosure
Rick Schennink: PQINA averages roughly $10,000 in monthly revenue
“No, well, I have a, I don't have a number like at the forefront of my head, but like the average revenue a month is like 10 K 10 K. So multiply that by six or seven.”
Rick Schennink Sep 23, 2020 ▶ 5:25 Doka Image Editor SDK Sells $120k Licenses
Assertion Not checkable as stated
Schennink: FilePond Is Free and Serves Primarily as Marketing Funnel
“Yeah, it's completely free. So it's mostly a marketing product. So it's a free, free library for developers to use.”
Rick Schennink Sep 23, 2020 ▶ 10:00 Doka Image Editor SDK Sells $120k Licenses
Assertion Not checkable as stated
Schennink: Doka Image Editor Generates the Most Revenue for PQINA
“It's Doka. Doka image editor.”
Rick Schennink Sep 23, 2020 ▶ 10:16 Doka Image Editor SDK Sells $120k Licenses
Assertion Supported
Schennink: Doka Runs Fully in Browser Without Server Infrastructure
“No, it's completely contained like the package runs in the browser. There's no server there.”
Rick Schennink Sep 23, 2020 ▶ 11:30 Doka Image Editor SDK Sells $120k Licenses
Disclosure
Schennink: 50% of Doka customers come from Google, rest from open-source tools
“I think 50% Google and the rest is like via Filebond and other open source products that I sell or sell. I have available.”
Rick Schennink Sep 23, 2020 ▶ 11:56 Doka Image Editor SDK Sells $120k Licenses
Assertion Not checkable as stated
Schennink: Average PQINA customer pays around $200 per year
“Around 200 US dollars, I guess.”
Rick Schennink Sep 23, 2020 ▶ 2:44 Doka Image Editor SDK Sells $120k Licenses
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