PR.co reaches 287 active customers
Stefan Fountain · 1050 3+ Years to Hit $20k in MRR, Sell and Get Out! · Jun 9, 2018 · at 4:02
Stefan Fountain discloses PR.co's exact paying customer count to Nathan Latka.
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“That's 287.”
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More from Stefan Fountain
Stefan Fountain says PR.co would need at least a $4M acquisition offer
“Not in that range. No, it'd have to be 10 X that range.”
PR.co suffers 10% monthly churn on its under-$50 MRR customers
“We've got the churners on the low end of the scale, so under 50 MRR. Our churn rate's about 10%.”
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“Oh, I think that the main issue is that we've just been a bunch of engineers trying to build this product in a little, in a, in our back room, and only this year we've been going out to sell, and we grew 70%.”
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“And now recently we just signed Heineken and we have Sonos and Shimano as a customer, TaylorMade Golf, and those ACVs are 20 plus, 20 K plus.”
PR.co reaches cash flow positive on $400K raised with 3:1 LTV:CAC
“We raised 400 K from industry experts and a local VC, and with that money, we're able to scale our sales and marketing, and now we've got to acquisition versus LTV ratio of over, over three, one on three, so it's really cool to see that we're finding our scala…”