Disclosure certainty 3/5 debate potential 1/5

Nellemans: Luna aims to raise $1.5M to $2M in next round

Steven Nellemans · Proof you don't need a new idea, just better execution. Firm hits 160 customers, $25k MRR · Aug 23, 2023 · at 8:56

Steven Nellemans, founder of Luna, describes the target fundraising amount for Luna's upcoming venture round.

0:00 / 0:04exact quote · 4.5s
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“We're thinking about two million, like one and a half, two million, something like that.”

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 →

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Nellemans: AI can reduce outreach needed per reply to 10–100 emails
“AI can actually improve the quality so much that you do not have to send a thousand emails to get a reply, but in the end, maybe a hundred, or maybe even 10 to get a reply.”
Steven Nellemans Aug 23, 2023 ▶ 2:22 Proof you don't need a new idea, just better execution. Firm hits 160 customers, $25k MRR
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Nellemans: Superior product is useless without market awareness
“And we have a superior product right now, but having a superior product is nothing if, Nobody knows about it.”
Steven Nellemans Aug 23, 2023 ▶ 11:35 Proof you don't need a new idea, just better execution. Firm hits 160 customers, $25k MRR
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Nellemans: Apollo.io is Luna's biggest competitor despite also being a partner
“Well, there are a lot of companies working on the same technology, but I think the biggest competitor for us would be Apollo actually, Apollo.io, which is a very interesting one because they're a partner as well.”
Steven Nellemans Aug 23, 2023 ▶ 10:06 Proof you don't need a new idea, just better execution. Firm hits 160 customers, $25k MRR
Assertion Not checkable as stated
Nellemans: Luna users average a 4.57% positive cold email response rate
“It's for all of our users and like on average, it's 4.57%.”
Steven Nellemans Aug 23, 2023 ▶ 15:19 Proof you don't need a new idea, just better execution. Firm hits 160 customers, $25k MRR
Assertion Not checkable as stated
Nellemans: Luna averages $139/month with tiers from $100 to $2,500
“On average, it's about 139 dollars. That's like the average sale price that we have right now. We have a tiered subscription pricing ranging from 100, which is the lowest one up to two and a half thousand which is the highest one.”
Steven Nellemans Aug 23, 2023 ▶ 3:19 Proof you don't need a new idea, just better execution. Firm hits 160 customers, $25k MRR
Assertion Not checkable as stated
Nellemans: Luna has 163 paying customers
“We have a 163 customers right now.”
Steven Nellemans Aug 23, 2023 ▶ 5:11 Proof you don't need a new idea, just better execution. Firm hits 160 customers, $25k MRR
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