Matteo Fruttental, CEO of Honestly, details his company's team size and recent hires.
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“Like, let's say 12 is the correct number or 13. Like, we just hired three folks, and I just don't know when they start, if they start July or August, but let's say 12.”
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More from Matteo Fruttental
Opinion
Fruttental: Co-founders should always split equity evenly.
“I think that's the only way to go. Like you should look for people who are like better than you at least, and then everyone should think that and then splitting it evenly makes a good deal for everyone.”
Matteo FruttentalJul 12, 2022▶ 12:06The Perfect Life: $1.5m revenue with 10% profit margin helping 100 enterprises with employee feedback software
AssertionNot checkable as stated
Honestly has reached approximately 70,000 active user licenses.
“I think we're like, 70,000 now.”
Matteo FruttentalJul 12, 2022▶ 1:25The Perfect Life: $1.5m revenue with 10% profit margin helping 100 enterprises with employee feedback software
AssertionNot checkable as stated
Honestly generates approximately $130,000 in monthly recurring revenue.
“Around it, yes.”
Matteo FruttentalJul 12, 2022▶ 5:58The Perfect Life: $1.5m revenue with 10% profit margin helping 100 enterprises with employee feedback software
AssertionNot checkable as stated
Honestly doubled its monthly revenue year-over-year to $130,000.
“It was like 50% less, 55% less.”
Matteo FruttentalJul 12, 2022▶ 6:04The Perfect Life: $1.5m revenue with 10% profit margin helping 100 enterprises with employee feedback software
AssertionNot checkable as stated
Upsells drove 20% to 30% of Honestly's year-over-year revenue growth.
“20 to 30% came from upsells and the rest came from new customers.”
Matteo FruttentalJul 12, 2022▶ 6:16The Perfect Life: $1.5m revenue with 10% profit margin helping 100 enterprises with employee feedback software
AssertionNot checkable as stated
Honestly maintains a 106% net dollar retention rate.
“Yes, like based on the dollars, not on the number of customers, it's like six percent.”
Matteo FruttentalJul 12, 2022▶ 6:56The Perfect Life: $1.5m revenue with 10% profit margin helping 100 enterprises with employee feedback software
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