Josh Newman, founder of creative automation SaaS Clatter, discusses the company's retention metrics and revenue composition with Nathan Latka.
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“It's and it's probably is around one 50, but not for necessarily the reasons you would think. A lot of it's going to be around that we'll add on professional services to it.”
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More from Josh Newman
Insight
Founders should learn proper coding instead of building hacky MVPs
“Man, learn to code the right way. Don't be some sort of hack to build MVPs.”
Josh NewmanOct 1, 2022▶ 15:531 Employee, $600k ARR, How He's Scaling with Systems for Marketing Collateral SaaS
AssertionNot checkable as stated
First client paid Clatter $250,000 upfront to build the product
“They gave us 250,000 to build out this solution.”
Josh NewmanOct 1, 2022▶ 5:281 Employee, $600k ARR, How He's Scaling with Systems for Marketing Collateral SaaS
AssertionNot checkable as stated
Clatter did $370k ARR and $675k total revenue in the prior year
“From an ARR standpoint, we were at three 70 a year ago but total, total revenue was six 75 last year”
Josh NewmanOct 1, 2022▶ 9:211 Employee, $600k ARR, How He's Scaling with Systems for Marketing Collateral SaaS
PredictionNot checkable as stated
Clatter projects around $850,000 in total revenue this year
“We're looking somewhere probably around eight 50 when the year's done.”
Josh NewmanOct 1, 2022▶ 9:511 Employee, $600k ARR, How He's Scaling with Systems for Marketing Collateral SaaS
AssertionNot checkable as stated
Clatter's recurring SaaS revenue share increased from 55% to 71%
“Now it's at 71%, and a year ago it was 55%.”
Josh NewmanOct 1, 2022▶ 9:591 Employee, $600k ARR, How He's Scaling with Systems for Marketing Collateral SaaS
AssertionNot checkable as stated
Josh Newman is the only full-time employee at Clatter
“I'm the only full-time person on Clatter.”
Josh NewmanOct 1, 2022▶ 10:231 Employee, $600k ARR, How He's Scaling with Systems for Marketing Collateral SaaS
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