Sunil Thomas is the co-founder and CEO of CleverTap, breaking down the platform's freemium conversion rate.
0:00 / 0:06exact quote · 6.9s
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“It's north of 30%, and it's actually, people get addicted to it once they see it, right, and they just want to do more.”
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More from Sunil Thomas
Opinion
Thomas: Off-the-shelf data tools like Redshift become much more expensive
“We ended up resisting the urge to use something like Redshift or, you know, tools that people use, and those tend to get really more expensive.”
Sunil ThomasJul 30, 2017▶ 14:51736: How Mobile Analytics Company Went $0 to $4 Million in 12 Months
AssertionPartly supported
Accel and Sequoia have co-invested in only 8 to 12 companies worldwide
“No, no, they, there are a very few I mean, there are like I don't know, eight or 10 or 12 companies in the world that they have both invested in Dropbox being one of them, Clevertabs being another one.”
Sunil ThomasJul 30, 2017▶ 4:51736: How Mobile Analytics Company Went $0 to $4 Million in 12 Months
Insight
Thomas: Monthly active app users average 15 to 20 events monthly
“Typically a monthly active user does, you know, 15 to 20 things 15 to 20 events a month in your app.”
Sunil ThomasJul 30, 2017▶ 8:16736: How Mobile Analytics Company Went $0 to $4 Million in 12 Months
Disclosure
CleverTap generates at least $400,000 in monthly recurring revenue
“Your math is pretty good.”
Sunil ThomasJul 30, 2017▶ 9:47736: How Mobile Analytics Company Went $0 to $4 Million in 12 Months
AssertionNot checkable as stated
Thomas: CleverTap Has Zero Churn Among $1k+ Monthly Customers
“We haven't had a customer more than, I mean, paying us anything north of like, I mean, a thousand dollars or more is zero.”
Sunil ThomasJul 30, 2017▶ 11:19736: How Mobile Analytics Company Went $0 to $4 Million in 12 Months
AssertionNot checkable as stated
Thomas: CleverTap CAC Is Well Below $1,000 Without Ad Spend
“No, I mean right now it's well below a thousand because we're not spending like ad money.”
Sunil ThomasJul 30, 2017▶ 13:46736: How Mobile Analytics Company Went $0 to $4 Million in 12 Months
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