Disclosure certainty 5/5 debate potential 1/5

Van der Sanden: Dux-Soup is entirely self-funded with zero outside capital

Will van der Sanden · This Bootstrapped Startup Makes Crazy High $4.5m in Revenue Per Engineer · Jun 21, 2021 · at 8:00

Will van der Sanden, founder of Dux-Soup, explains the company's funding history to Nathan Latka.

0:00 / 0:06exact quote · 6.0s
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“No, this is all self-funded. So there's no no bootstrap, no capital.”

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Assertion Not checkable as stated
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“Well, I would say one.”
Will van der Sanden Jun 21, 2021 ▶ 10:46 This Bootstrapped Startup Makes Crazy High $4.5m in Revenue Per Engineer
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Van der Sanden: Dux-Soup maintains an 80% profit margin
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“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 Sanden Jun 21, 2021 ▶ 7:08 This Bootstrapped Startup Makes Crazy High $4.5m in Revenue Per Engineer
Assertion Not checkable as stated
Van der Sanden: Dux-Soup experiences about 10% monthly churn
“The churn, we were at about 10%.”
Will van der Sanden Jun 21, 2021 ▶ 12:42 This Bootstrapped Startup Makes Crazy High $4.5m in Revenue Per Engineer
Assertion Not checkable as stated
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“There would be about, I would say a fifth, probably.”
Will van der Sanden Jun 21, 2021 ▶ 14:33 This 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.”
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