Marie Ng, founder of Llama Life, breaks down the company's early-stage month-over-month revenue growth rate on Top Founders.
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“Growth rate wise, we are growing to 20% month on month gross MRR.”
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More from Marie Ng
Insight
Ng: Solo bootstrappers should avoid freemium models to limit support overhead
“That was the bootstrapped model, and I think that makes a lot of sense for bootstrappers, especially if you're a solo bootstrapper, because, you know, do you want to support a large number of customers that are on free Plans. Or do you want to support a smalle…”
Marie NgJun 5, 2022▶ 10:59Would she be better off with no revenue? Focus on engagement for her productivity App?
Opinion
Marie Ng: Early consumer apps focus on engagement over revenue
“I think a lot of consumer apps focus on that versus revenue on the early days.”
Marie NgJun 5, 2022▶ 9:16Would she be better off with no revenue? Focus on engagement for her productivity App?
Disclosure
Ng raised $690K for Llama Life post-LAUNCH accelerator
“So I ended up raising money after the accelerator program closed around very, very, no, actually not long ago, like two months ago. So we're in, I raised 690 K USD.”
Marie NgJun 5, 2022▶ 3:32Would she be better off with no revenue? Focus on engagement for her productivity App?
AssertionSupported
LAUNCH Accelerator takes 6% equity for a $100,000 investment
“So they take six percent for a hundred K USD.”
Marie NgJun 5, 2022▶ 3:55Would she be better off with no revenue? Focus on engagement for her productivity App?
Disclosure
Marie Ng raised no funding directly from LAUNCH demo day
“So with demo day actually didn't raise any money from demo day, but it gave me some momentum.”
Marie NgJun 5, 2022▶ 4:24Would she be better off with no revenue? Focus on engagement for her productivity App?
Disclosure
Llama Life raised pre-seed at a $2.75M pre-money valuation
“So it was a pre-seed round. So it was 2.75 million pre pre money.”
Marie NgJun 5, 2022▶ 5:06Would she be better off with no revenue? Focus on engagement for her productivity App?
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