Piwik PRO founder Maciek Zawodziński discusses customer acquisition economics and payback thresholds for enterprise accounts.
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“We will be willing to spend as much as one and a half or two times a year, the yearly contracts value, because we know now that this enterprise accounts have very high lifetime value.”
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More from Maciek Zawadziński
PredictionNot checkable as stated
Piwik PRO targets $450K to $470K MRR by the end of 2020
“We should finish somewhere around 454 170 K. Now that we see that like our growth started, we started growing again somewhere around like mid last year.”
Maciek ZawadzińskiMay 22, 2020▶ 5:131763 $4m ARR Company Burned $1.7m Last Year, Good or Bad?
Disclosure
Piwik PRO reinvests all Clearcode agency profits into product development
“We have the services arm, which is a software development focused on the marketing technology called ClearCode, which is the our let's say sister company. And we, everything that we make from the software development services, we reinvest in the product.”
Maciek ZawadzińskiMay 22, 2020▶ 6:401763 $4m ARR Company Burned $1.7m Last Year, Good or Bad?
AssertionNot checkable as stated
Piwik PRO burned $1.7 million in 2019
“So we burned last year, one comma, seven million US dollars.”
Maciek ZawadzińskiMay 22, 2020▶ 7:341763 $4m ARR Company Burned $1.7m Last Year, Good or Bad?
PredictionNot checkable as stated
Piwik PRO expects to triple business without significant team growth
“We plan to grow, like, we should be able to triple the business without growing much the team.”
Maciek ZawadzińskiMay 22, 2020▶ 8:561763 $4m ARR Company Burned $1.7m Last Year, Good or Bad?
AssertionNot checkable as stated
Piwik PRO average annual subscription is $20,000 to $50,000
“Our average subscription is 20 to 50 K a year. It's a yearly subscription.”
Maciek ZawadzińskiMay 22, 2020▶ 1:411763 $4m ARR Company Burned $1.7m Last Year, Good or Bad?
AssertionNot checkable as stated
Piwik PRO has surpassed $4 million in annual recurring revenue
“So we are over four million annual recueing revenue which basically should add up with this to over 200 clients times the average subscription that you mentioned.”
Maciek ZawadzińskiMay 22, 2020▶ 2:591763 $4m ARR Company Burned $1.7m Last Year, Good or Bad?
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