Psarras: Moosend is 100% bootstrapped and has not raised outside capital
Yannis Psarras · 1130 "We're way cheaper than Mailchimp", is that enough? · Aug 28, 2018 · at 13:44
Yannis Psarras is the CEO and co-founder of email marketing software Moosend, speaking with Nathan Latka.
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“We haven't raised capital at all right now. We're a hundred percent bootstrapped and we have external advisors that, you know, we go to sometimes ask questions or you know, make, make sure that our strategy aligns with what we're trying to achieve. But we haven't got any external capital in the company still.”
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More from Yannis Psarras
Psarras: Moosend plans are on average 40% cheaper than Mailchimp
“Well, 40%, on average, every plan that we have is 40% cheaper than Meltium.”
Psarras: Moosend sees 6% monthly logo churn versus 8% industry average
“The average churn in the industry from what we've gathered in terms of our data, it's eight percent. We are below eight percent churn on our product. We're about six, six percent churn.”
Psarras: Customer support is the primary way to beat churn in SaaS
“I think personally that support in this business is basically the way to be churned.”
Psarras: Moosend spends zero dollars on paid ads to acquire customers
“We, right now, we don't spend a one dollar on, on, on ads. We don't spend money on ads.”