Disclosure certainty 4/5 debate potential 1/5

Keynejad: Veed has just under 5,500 paying customers

Sabba Keynejad · Veed Hits $1.3m Revenue, 5,500 Customers Helping Podcasters Create Videos with Subtitles · Sep 2, 2020 · at 9:31

Sabba Keynejad, co-founder and CEO of Veed, discusses the company's paying subscriber base with Nathan Latka.

0:00 / 0:02exact quote · 2.8s
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“5000, just under 5500.”

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 Sabba Keynejad

Insight
Keynejad: Co-founders must split equity 50-50 to stay fully incentivized
“That's not the right way to do it. If you're doing it that way, then you shouldn't be your co-founder. I mean, like, come on. So you split fifty-fifty. I mean, like, you're going to be doing this for years, hopefully. You're going to make a really big company.…”
Sabba Keynejad Sep 2, 2020 ▶ 3:17 Veed Hits $1.3m Revenue, 5,500 Customers Helping Podcasters Create Videos with Subtitles
Opinion
Keynejad: Venture capital would not accelerate Veed's current growth rate
“Capital's not going to make us grow any faster right now. I can't see that happening.”
Sabba Keynejad Sep 2, 2020 ▶ 13:49 Veed Hits $1.3m Revenue, 5,500 Customers Helping Podcasters Create Videos with Subtitles
Prediction Didn’t hold up
Keynejad: Veed can reach $10M ARR efficiently within two years
“I see a very comfortable, like I kind of see a decent path for the next couple of years to get to the ten million ARR and I think there's a very good possibility we're going to get there and we're going to get there relatively efficiently.”
Sabba Keynejad Sep 2, 2020 ▶ 13:22 Veed Hits $1.3m Revenue, 5,500 Customers Helping Podcasters Create Videos with Subtitles
Disclosure
Keynejad: Veed adds 60 to 80 new paying customers daily
“We did we did 80 yesterday, which is good. Anywhere between like 60 to 80 today, something like that.”
Sabba Keynejad Sep 2, 2020 ▶ 11:35 Veed Hits $1.3m Revenue, 5,500 Customers Helping Podcasters Create Videos with Subtitles
Assertion Not checkable as stated
Keynejad: Veed has high monthly customer churn of roughly 13%
“Churn is about 13%, so, you know, much higher than a normal SaaS company, should we say.”
Sabba Keynejad Sep 2, 2020 ▶ 17:02 Veed Hits $1.3m Revenue, 5,500 Customers Helping Podcasters Create Videos with Subtitles
Assertion Not checkable as stated
Keynejad: Veed retains about 30% of users after one year
“No, we retain about 30%. So the people that first joined a year ago, we got about 30% of that first cohort still on.”
Sabba Keynejad Sep 2, 2020 ▶ 18:12 Veed Hits $1.3m Revenue, 5,500 Customers Helping Podcasters Create Videos with Subtitles
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