Assertion certainty 3/5 debate potential 1/5

Farber: Cliently serves 70 to 80 customers mostly on $99/month plan

Spencer Farber · EP 540: Cliently Hits $8k MRR, Aims for $5m Valuation Next Round with CEO Spencer Farber · Jan 15, 2017 · at 3:44

Spencer Farber, CEO of Cliently, discloses active customer numbers and subscription pricing distribution to Nathan Latka.

0:00 / 0:09exact quote · 9.1s
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“We're serving right now about, I want to say somewhere between 70 to 80 mostly of that you know, older enterprise plan of 99 per month.”

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 Spencer Farber

Disclosure
Farber plans to sell 10% to 15% equity for $500k seed
“You know, I would probably estimate, you know, there's other variables too, but somewhere around, you know, the 10 to 15%.”
Spencer Farber Jan 15, 2017 ▶ 10:29 EP 540: Cliently Hits $8k MRR, Aims for $5m Valuation Next Round with CEO Spencer Farber
Disclosure
Farber: Cliently plans to raise $500,000 at $25k to $35k MRR
“Right now we're thinking of looking for about half a million.”
Spencer Farber Jan 15, 2017 ▶ 9:56 EP 540: Cliently Hits $8k MRR, Aims for $5m Valuation Next Round with CEO Spencer Farber
Assertion Not checkable as stated
Farber: Most Cliently customers pay annually for campaign creation help
“Most of our clients are paying annually and they're doing that because our expertise is creating their campaigns for them. At the end of the day, you have to have a great campaign. So we offer that with that annual commitment.”
Spencer Farber Jan 15, 2017 ▶ 3:18 EP 540: Cliently Hits $8k MRR, Aims for $5m Valuation Next Round with CEO Spencer Farber
Disclosure
Farber: Cliently funded with $30k bootstrapped and $75k from friends and family
“You know, bootstrapped about 30 K friends and family about 75.”
Spencer Farber Jan 15, 2017 ▶ 4:10 EP 540: Cliently Hits $8k MRR, Aims for $5m Valuation Next Round with CEO Spencer Farber
Disclosure
Farber: Cliently operates with a core team of three people plus freelancers
“Our core team right now is three people, including myself, and then, of course, we've got a bevy of different freelancers, some that we use more often than others.”
Spencer Farber Jan 15, 2017 ▶ 11:34 EP 540: Cliently Hits $8k MRR, Aims for $5m Valuation Next Round with CEO Spencer Farber
Assertion Not checkable as stated
Farber: Cliently has about 15 month-to-month clients with three cancellations
“I can say, you know, we've got maybe 15 clients that are month to month. We've really only had about three cancellations to date, so we found that clients like what we're doing.”
Spencer Farber Jan 15, 2017 ▶ 12:11 EP 540: Cliently Hits $8k MRR, Aims for $5m Valuation Next Round with CEO Spencer Farber
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