Peter Janosik, founder of Smartlook, shares the company's monthly cash addition and profitability figures with Nathan Latka.
0:00 / 0:06exact quote · 6.3s
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“It's about like 35, 40,000 to use dollar cash in our every month.”
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More from Peter Janosik
Disclosure
Smartlook abandoned Facebook ads due to high churn among small users
“But then after a couple of months, we realized that there are just small customers. They were churning a lot. So we cut that channel, and we don't use it anymore.”
Peter JanosikMay 25, 2020▶ 8:501766 $700k Cash In Bank, $2m ARR, 100% YoY Growth, They're Hot!
Insight
Moving upmarket requires sales reps because enterprise clients demand contact
“I realized that if I want to go to a market, I have to change my mind and we need salespeople because companies want to talk with us.”
Peter JanosikMay 25, 2020▶ 13:091766 $700k Cash In Bank, $2m ARR, 100% YoY Growth, They're Hot!
Disclosure
Smartlook has raised only $250,000 in total capital
“It was two, 250,000 US dollar.”
Peter JanosikMay 25, 2020▶ 2:171766 $700k Cash In Bank, $2m ARR, 100% YoY Growth, They're Hot!
Disclosure
Smartlook reached a $2 million annual revenue run rate
“We have two million another run rate.”
Peter JanosikMay 25, 2020▶ 2:381766 $700k Cash In Bank, $2m ARR, 100% YoY Growth, They're Hot!
“Basically we are doubling almost every year. It was like 90% growth.”
Peter JanosikMay 25, 2020▶ 3:331766 $700k Cash In Bank, $2m ARR, 100% YoY Growth, They're Hot!
AssertionNot checkable as stated
Smartlook gained 100,000 signups in ten months as a free tool
“Oh, it was after 10 months, we have 100,000 signups because it was for free, so it was kind of a wire.”
Peter JanosikMay 25, 2020▶ 5:431766 $700k Cash In Bank, $2m ARR, 100% YoY Growth, They're Hot!
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