Disclosure certainty 3/5 debate potential 1/5

Greenberg aims for SellerCloud to mature more before taking minority investment

Jeremy Greenberg · 1469 How He's Bootstrapped to $7.2M in ARR with Less Than 5 Sales and Marketing People · Aug 2, 2019 · at 12:49

Jeremy Greenberg is the founder and CEO of bootstrapped e-commerce platform SellerCloud.

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“I think I probably want the company to grow a little bit more mature so that it's a little bit more easy to get like a minority investor or something like that, you know, without giving up too much equity percentage wise.”

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More from Jeremy Greenberg

Assertion Not checkable as stated
Greenberg: About 90% of SellerCloud revenue comes from per-transaction fees
“About 90% of our revenue is from per transactional type charges.”
Jeremy Greenberg Aug 2, 2019 ▶ 3:22 1469 How He's Bootstrapped to $7.2M in ARR with Less Than 5 Sales and Marketing People
Assertion Not checkable as stated
Greenberg: SellerCloud grows revenue by around 40% year-over-year consecutively
“Growth rate last year the growth rate's been around 40% each year.”
Jeremy Greenberg Aug 2, 2019 ▶ 4:24 1469 How He's Bootstrapped to $7.2M in ARR with Less Than 5 Sales and Marketing People
Disclosure
Greenberg: SellerCloud is completely bootstrapped
“No, it's all bootstrapped.”
Jeremy Greenberg Aug 2, 2019 ▶ 5:10 1469 How He's Bootstrapped to $7.2M in ARR with Less Than 5 Sales and Marketing People
Assertion Not checkable as stated
Greenberg: SellerCloud serves over 600 active client accounts
“So we have over 600 clients. You know, some of those clients vary in size. Like I said some of them have over a hundred employees, you know, using, using their account. And some of them are small, you know, like just a few people in the company. But we have ov…”
Jeremy Greenberg Aug 2, 2019 ▶ 5:54 1469 How He's Bootstrapped to $7.2M in ARR with Less Than 5 Sales and Marketing People
Assertion Not checkable as stated
Greenberg: Bootstrapped SellerCloud generates over $600,000 in monthly recurring revenue
“Yeah, probably a little bit more, but yeah, somewhere in that range.”
Jeremy Greenberg Aug 2, 2019 ▶ 6:25 1469 How He's Bootstrapped to $7.2M in ARR with Less Than 5 Sales and Marketing People
Assertion Not checkable as stated
Greenberg: SellerCloud generated around $5.1M in revenue in 2017
“So last year in 2017, we did around 5.1 million dollars in revenue.”
Jeremy Greenberg Aug 2, 2019 ▶ 6:34 1469 How He's Bootstrapped to $7.2M in ARR with Less Than 5 Sales and Marketing People
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