Jan Lugacci is the CEO and co-founder of Paymo, discussing pricing and seat economics on Nathan Latka's podcast.
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“Around 15 bucks.”
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More from Jan Lugacci
Disclosure
Lugacci: Paymo remains fully bootstrapped through reinvested profits
“Yeah, we're still bootstrapped. So we kept reinvesting our own money. Into the company and we're still bootstrapped at the moment.”
Jan LugacciDec 9, 2017▶ 4:23868 SaaS: The Argument for Spending 100% LTV on CAC
AssertionNot checkable as stated
Lugacci: Paymo serves over 20,000 seats across businesses
“That's businesses. So in terms of seats, it's over 20 K. 20.”
Jan LugacciDec 9, 2017▶ 6:17868 SaaS: The Argument for Spending 100% LTV on CAC
PredictionNot checkable as stated
Lugacci: Bootstrapped Paymo expects to generate $1.5M in 2017 revenue
“So we'll probably be doing around 1.5 million this year.”
Jan LugacciDec 9, 2017▶ 6:51868 SaaS: The Argument for Spending 100% LTV on CAC
AssertionNot checkable as stated
Lugacci: Paymo's monthly logo churn is between 2% and 3%
“It's between two to three percent, but usually below three percent.”
Jan LugacciDec 9, 2017▶ 9:12868 SaaS: The Argument for Spending 100% LTV on CAC
Disclosure
Lugacci: Paymo spends $15K to $30K monthly on paid acquisition
“We usually spend from 15 to 30 K a month.”
Jan LugacciDec 9, 2017▶ 9:47868 SaaS: The Argument for Spending 100% LTV on CAC
Disclosure
Lugacci: Paymo completely avoids advertising on Facebook
“Yeah, we don't advertise on Facebook at all.”
Jan LugacciDec 9, 2017▶ 9:54868 SaaS: The Argument for Spending 100% LTV on CAC
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