Vu: Avocode is profitable at $50,000 MRR with $35,000 monthly expenses
An Vu · EP 351: $50K Monthly Revenue, Finally Designers Can Quickly Give File to Developers with Anh Vu of Avocode · Jul 10, 2016 · at 10:14
An Vu, co-founder of Avocode, clarifies his company's operational cost structure and profitability based out of Prague.
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“Sorry, I probably got it wrong, but we're basically, our monthly expenses are 35 K, so not a burn rate.”
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More from An Vu
Vu targets $100K MRR and $1.2M ARR for Avocode in 2016
“We'll hope to get to 100 K MRR, so about a 1000001.2 annual run rate.”
Vu: Avocode has 2,800 paying customers and no free tier
“We have 2800 customers. And we don't have any free plans. We only have free trials, so all of our users are paying users.”
Vu: Avocode made about $90K in first-week pre-orders
“We actually run a pre-order program before we started selling our code. So we've made about 90 K on that the first week”