Will van der Sanden, founder of LinkedIn automation SaaS Dux-Soup, discusses the company's early financials after its launch in January 2016.
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“First year in revenue, that must have been around like 1500 dollars, I think.”
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More from Will van der Sanden
AssertionNot checkable as stated
Dux-Soup operates with only one software engineer: founder Will van der Sanden
“Well, I would say one.”
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AssertionNot checkable as stated
Van der Sanden: Dux-Soup maintains an 80% profit margin
“Well, I would say 80%.”
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AssertionNot checkable as stated
Dux-Soup paid influencer John Nemo zero to promote the platform
“Nothing at all, no, zero. He liked the way that the product works, he liked the way that it was priced, and we also got along at a personal level”
Will van der SandenJun 21, 2021▶ 7:08This Bootstrapped Startup Makes Crazy High $4.5m in Revenue Per Engineer
AssertionNot checkable as stated
Van der Sanden: Dux-Soup experiences about 10% monthly churn
“The churn, we were at about 10%.”
Will van der SandenJun 21, 2021▶ 12:42This Bootstrapped Startup Makes Crazy High $4.5m in Revenue Per Engineer
AssertionNot checkable as stated
Van der Sanden: About 20% of new Dux-Soup users convert to paid
“There would be about, I would say a fifth, probably.”
Will van der SandenJun 21, 2021▶ 14:33This Bootstrapped Startup Makes Crazy High $4.5m in Revenue Per Engineer
Disclosure
Van der Sanden: Dux-Soup ARPU is about $25 per user monthly
“The average is about 25 dollars a month per per user.”
Will van der SandenJun 21, 2021▶ 2:23This Bootstrapped Startup Makes Crazy High $4.5m in Revenue Per Engineer
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