Hendrickx: HQ.app is burning around $16,000 per month
Florian Hendrickx · 1695 How He Used Video Ads To Get First 450 Customers, $1k in MRR · Mar 15, 2020 · at 11:40
Florian Hendrickx, founder and CEO of HQ.app, shares the startup's monthly burn rate following a $400k fundraise.
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“We're now burning around 16 K a month.”
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More from Florian Hendrickx
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“Currently we've upgraded about one in six users.”
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“The more they make, the more likely they are retained, both free and pro, so we don't lose people after they connect a certain amount of content.”
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“I think of all the users, we have, what did I say, 450 people who upgraded to pro, I think we've lost 45 or something.”
Hendrickx: Workflowy failed to scale well with team size
“Initially we were using Workflowy but that didn't scale very well in terms of team size and was a bit too complex for some for some use cases.”
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“Basically the idea is to replace the way people currently organize, like, bookmarks and files in their typical places. So you connect your apps Google Drive, Dropbox, Slack, Gmail, et cetera and you get this central search engine you type, you find stuff, and …”