Melissa Kwan, co-founder and CEO of automated webinar platform eWebinar, discusses the startup's monthly expense structure with Nathan Latka.
0:00 / 0:03exact quote · 3.1s
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“It, it's about 60,000 is our burn.”
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More from Melissa Kwan
Insight
Kwan argues CTOs are product partners but CEOs build the business
“While I have no doubt that there are some CTOs out there that can also build a business, but I am a firm believer that a CTO is a great product technology partner, but the business is built by the CEO.”
Melissa KwanJul 19, 2022▶ 12:17She's a 1 person bootstrapped founder with $500k in ARR, here's how she did it
Disclosure
A $250k angel check taught Kwan that only customers should fund her
“I once took money from an investor and it's private investor. He invested about two 50 K and that made me realize the only person who needs to give you money is your customers.”
Melissa KwanJul 19, 2022▶ 1:35She's a 1 person bootstrapped founder with $500k in ARR, here's how she did it
Disclosure
Kwan outsourced eWebinar's entire team because she dislikes managing employees
“So one thing I learned coming into this business is I do not like managing people. So our entire team is outsourced.”
Melissa KwanJul 19, 2022▶ 6:43She's a 1 person bootstrapped founder with $500k in ARR, here's how she did it
Insight
Kwan warns against offshore dev shops without in-house technical leadership
“I do not recommend it. If you do not have a senior dev, senior engineer or a CTO that actually manages the team.”
Melissa KwanJul 19, 2022▶ 17:24She's a 1 person bootstrapped founder with $500k in ARR, here's how she did it
Disclosure
Kwan netted low seven figures from the exit of her previous startup
“My personal exit was like in the low seven figures.”
Melissa KwanJul 19, 2022▶ 13:42She's a 1 person bootstrapped founder with $500k in ARR, here's how she did it
Disclosure
eWebinar recently crossed $500,000 in annual recurring revenue
“So we just crossed five or a K AR.”
Melissa KwanJul 19, 2022▶ 14:50She's a 1 person bootstrapped founder with $500k in ARR, here's how she did it
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