Disclosure certainty 4/5 debate potential 2/5

Laura Roeder owns 100% of the equity in Edgar

Laura Roeder · Edgar Social Posting Tool Does $2.2m in Annual Revenue with Laura Roeder of Edgar · Feb 4, 2016 · at 10:03

Laura Roeder, founder of social media scheduling SaaS Edgar, clarifies her company ownership split with host Nathan Latka.

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“Oh, I own all that.”

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More from Laura Roeder

Insight
Bootstrapped SaaS companies must be cautious relying on LTV metrics
“As a bootstrap company I think you have to be really careful with lifetime value because it takes you a long time to make that amount of money.”
Laura Roeder Feb 4, 2016 ▶ 13:31 Edgar Social Posting Tool Does $2.2m in Annual Revenue with Laura Roeder of Edgar
Disclosure
Edgar avoided a free tier to manage bootstrapped startup costs
“We decided not to have a free plan. And one reason for that is because we're bootstrapped. So we couldn't really afford to support, you know, lots and lots of customers that weren't paying us.”
Laura Roeder Feb 4, 2016 ▶ 9:33 Edgar Social Posting Tool Does $2.2m in Annual Revenue with Laura Roeder of Edgar
Assertion Not checkable as stated
Edgar reached $2.2M ARR and 4,000 customers by January 2016
“We have just under 4000 customers. So we're at about 2.2 million annual reoccurring.”
Laura Roeder Feb 4, 2016 ▶ 11:25 Edgar Social Posting Tool Does $2.2m in Annual Revenue with Laura Roeder of Edgar
Assertion Not checkable as stated
Roeder launched Edgar with an existing email list of 80,000 subscribers
“From my previous business, we had about 80,000 on the list.”
Laura Roeder Feb 4, 2016 ▶ 8:34 Edgar Social Posting Tool Does $2.2m in Annual Revenue with Laura Roeder of Edgar
Assertion Not checkable as stated
Edgar spends $30,000 per month on Facebook ads for acquisition
“We spend about 30,000 a month on, on Facebook ads.”
Laura Roeder Feb 4, 2016 ▶ 12:06 Edgar Social Posting Tool Does $2.2m in Annual Revenue with Laura Roeder of Edgar
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