Assertion certainty 4/5 debate potential 1/5

Greenberg: About 90% of SellerCloud revenue comes from per-transaction fees

Jeremy Greenberg · 1469 How He's Bootstrapped to $7.2M in ARR with Less Than 5 Sales and Marketing People · Aug 2, 2019 · at 3:22

Jeremy Greenberg, founder and CEO of e-commerce management platform SellerCloud, explains the company's business model and pricing structure.

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“About 90% of our revenue is from per transactional type charges.”

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More from Jeremy Greenberg

Assertion Not checkable as stated
Greenberg: SellerCloud grows revenue by around 40% year-over-year consecutively
“Growth rate last year the growth rate's been around 40% each year.”
Jeremy Greenberg Aug 2, 2019 ▶ 4:24 1469 How He's Bootstrapped to $7.2M in ARR with Less Than 5 Sales and Marketing People
Disclosure
Greenberg: SellerCloud is completely bootstrapped
“No, it's all bootstrapped.”
Jeremy Greenberg Aug 2, 2019 ▶ 5:10 1469 How He's Bootstrapped to $7.2M in ARR with Less Than 5 Sales and Marketing People
Assertion Not checkable as stated
Greenberg: SellerCloud serves over 600 active client accounts
“So we have over 600 clients. You know, some of those clients vary in size. Like I said some of them have over a hundred employees, you know, using, using their account. And some of them are small, you know, like just a few people in the company. But we have ov…”
Jeremy Greenberg Aug 2, 2019 ▶ 5:54 1469 How He's Bootstrapped to $7.2M in ARR with Less Than 5 Sales and Marketing People
Assertion Not checkable as stated
Greenberg: Bootstrapped SellerCloud generates over $600,000 in monthly recurring revenue
“Yeah, probably a little bit more, but yeah, somewhere in that range.”
Jeremy Greenberg Aug 2, 2019 ▶ 6:25 1469 How He's Bootstrapped to $7.2M in ARR with Less Than 5 Sales and Marketing People
Assertion Not checkable as stated
Greenberg: SellerCloud generated around $5.1M in revenue in 2017
“So last year in 2017, we did around 5.1 million dollars in revenue.”
Jeremy Greenberg Aug 2, 2019 ▶ 6:34 1469 How He's Bootstrapped to $7.2M in ARR with Less Than 5 Sales and Marketing People
Assertion Not checkable as stated
Greenberg: SellerCloud operates with net negative revenue churn
“So we have net negative churn. Yeah. So we're not only retaining our clients, but we're adding clients every month.”
Jeremy Greenberg Aug 2, 2019 ▶ 8:18 1469 How He's Bootstrapped to $7.2M in ARR with Less Than 5 Sales and Marketing People
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