Img.ly Bootstrapped Entirely From Reinvested Agency Revenue
Daniel Hauschildt · Img.ly is Image Editing SDK, $2m in Revenues, Bootstrapped, GitHub Growth Channel · Nov 13, 2020 · at 6:43
Daniel Hauschildt is the co-founder of Img.ly, an SDK for image and video editing that originated inside a digital agency.
0:00 / 0:12exact quote · 12.6s
720p mp4 · rendered on demand · StarZero watermark
“We didn't raise at all. The only money we took was, let's say, the initial investment of the agency, which meant, like, at the very, very beginning, for sure, one employee was, like, building it on the site, let's say, on, let's say, 10 hours per week, et cetera.”
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 Daniel Hauschildt
Img.ly Maintains an Exceptional Annual Customer Churn Rate of 2%
“No, then two percent per year, but cause it's really not, not even one person per month sometimes.”
Low Search Volume Forces Niche B2B Startups to Rely on Customer Interviews
“The volume for the search volume isn't that high that you can, let's say be a totally data driven company that, that numbers are so solid in, in let's say a month or something. Yeah. So, so you have to be, to do a guessing and talking to customers and we talk …”
Img.ly Reached $125K MRR in 2019, Averaging 2-3% Monthly Growth
“So I think 12 months ago we were like 125, something like that. And I can tell you that we, in average, it's like two to three percent currently that we are steadily growing per month in the last years.”