Danny Wajcman, co-founder of Lucky Orange, clarifies the company's actual revenue after Nathan Latka estimates higher monthly recurring revenue based on reported customer count and ARPU.
0:00 / 0:02exact quote · 2.1s
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“It's currently lower.”
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More from Danny Wajcman
AssertionNot checkable as stated
Wajcman: Lucky Orange average transaction value is around $35 monthly
“We typically see transaction values around that 35 dollar a month price point.”
Danny WajcmanJul 9, 2018▶ 2:291080 15,000 Customers at $35 ARPU is $500k+ in MRR right? "No"
AssertionNot checkable as stated
Wajcman: Partnerships drive about 40% of Lucky Orange revenue
“Altogether as a whole, revenue partnership is probably closer to about 40%.”
Danny WajcmanJul 9, 2018▶ 3:041080 15,000 Customers at $35 ARPU is $500k+ in MRR right? "No"
AssertionNot checkable as stated
Wajcman: Lucky Orange has over 15,000 active paying customers
“I mean, we just looked in, I mean, we're probably mid 15 plus thousand active paying customers or more.”
Danny WajcmanJul 9, 2018▶ 4:091080 15,000 Customers at $35 ARPU is $500k+ in MRR right? "No"
AssertionNot checkable as stated
Wajcman: Lucky Orange's Largest Customer Makes Up Under 0.5% of Revenue
“Our revenue model, not even our largest customer doesn't even make up half a percent of revenue.”
Danny WajcmanJul 9, 2018▶ 13:171080 15,000 Customers at $35 ARPU is $500k+ in MRR right? "No"
AssertionNot checkable as stated
Wajcman: Lucky Orange Monthly Logo Churn Sits Between 3% and 4%
“So again, we'll have, we can have a month that we hit for certainly, and we'll have months, but it's a, it's in that three to four percent range.”
Danny WajcmanJul 9, 2018▶ 13:391080 15,000 Customers at $35 ARPU is $500k+ in MRR right? "No"
AssertionNot checkable as stated
Wajcman: Lucky Orange achieves 80% to 100% YoY revenue growth
“It's seen about anywhere from a hundred percent growth to 80% growth.”
Danny WajcmanJul 9, 2018▶ 16:151080 15,000 Customers at $35 ARPU is $500k+ in MRR right? "No"
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