Ellis: Social Optic is on track for 100% year-on-year revenue growth
Benjamin Ellis · 1600 He Makes His Team Only Work 4 Days A Week Even If You Think Its Wrong · Dec 11, 2019 · at 12:00
Benjamin Ellis, founder of Social Optic, discusses the revenue growth pace of his bootstrapped SaaS company with Nathan Latka.
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“So we kind of track for a hundred percent year on year growth. It's kind of what we're on track for now.”
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More from Benjamin Ellis
Ellis: Social Optic caps all employees at four days a week
“Nobody works full time. Every works a maximum of four days a week.”
Ellis: All 12 Social Optic team members hold equity on the cap table
“Yes, they are. And that's kind of employee ownership is, is an important thing to us.”
Ellis: Social Optic's median ACV is $1,000 per month
“So the middle is one K dollars a month. That's our kind of median.”
Ellis: Social Optic transitioned from $9/seat pricing to an enterprise model
“When we started the business, we were kind of down at the, you know, nine dollars per seat type model. And we realized that that's, you know, really difficult to scale for the level of engagement that we have with the customers. So over the last year or two, w…”