Vincenzo Ruggiero, founder and CEO of Prospect.io, breaks down acquisition costs and payback periods with Nathan Latka.
0:00 / 0:07exact quote · 7.0s
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“Yeah, if you include the salaries, we turn around, yeah, at 50, 50 dollars per customer.”
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More from Vincenzo Ruggiero
Insight
Ruggiero: Raising big VC is not normal; companies must make money first
“And I don't think this is the normal way to be an entrepreneur. I really believe a company should do money, you know before everything else.”
Vincenzo RuggieroAug 11, 2016▶ 10:43EP 383: Prospect.io $0 to $17k in MRR in 6 Months, 400 Customers
AssertionNot checkable as stated
Prospect.io reaches $17,000 in MRR six months after launch
Vincenzo RuggieroAug 11, 2016▶ 2:58EP 383: Prospect.io $0 to $17k in MRR in 6 Months, 400 Customers
AssertionNot checkable as stated
Prospect.io reports $45 ARPU and roughly 400 paying customers
“Today our path with our, yeah, our average revenue per account is 45 dollars. Yeah, per month. And we have four yeah, around 400 customers. Paying customers today.”
Vincenzo RuggieroAug 11, 2016▶ 4:02EP 383: Prospect.io $0 to $17k in MRR in 6 Months, 400 Customers
Disclosure
Ruggiero: Prospect.io raised a $60k angel seed round in Belgium
“We just raised a very small seed round with one of my friends and an entrepreneur here in Belgium. They just put, you know, 60 K 66 zero at the beginning.”
Vincenzo RuggieroAug 11, 2016▶ 6:22EP 383: Prospect.io $0 to $17k in MRR in 6 Months, 400 Customers
AssertionNot checkable as stated
Ruggiero: Prospect.io added $12K of its $17K MRR in two months
“For example, in May and June, we did 12 of this, of the 17.”
Vincenzo RuggieroAug 11, 2016▶ 11:30EP 383: Prospect.io $0 to $17k in MRR in 6 Months, 400 Customers
AssertionNot checkable as stated
Ruggiero: Prospect.io monthly revenue churn is 1%
“The revenue churn is one percent.”
Vincenzo RuggieroAug 11, 2016▶ 13:49EP 383: Prospect.io $0 to $17k in MRR in 6 Months, 400 Customers
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