Alex Marlantes discusses Everlance's year-over-year subscriber growth with host Nathan Latka.
Disclosure
Everlance Captures Competitor Leads by Winning App Store Comparisons
“What we really sort of pride ourselves on is having the best rated app. And so a lot of times people will go to the app store and compare. And so, you know, when someone's educated, like, oh, I should do something like this. Well, they'll do is they'll take al…”
Assertion Not checkable as stated
Everlance Reaches 30,000 Paid Subscribers Out of 400,000 Registered Users
“So I think the last numbers we've sort of released is a little over 400,000 registered users. And then you have that sort of long funnel. A lot of folks continue to use that for free. It was of course churn. And we have a little over the last numbers we report…”
Assertion Not checkable as stated
Everlance Experiences 2% Monthly Net Churn on Paid Subscriptions
“On, on paid, paid subs because a lot of it's sort of annualized, you know, a lot of that churn will happen on month 12 slash month 13, but typically we see, including that, around two percent monthly churn.”
Disclosure
Everlance Targets Two-Month CAC Payback on $60 Annual Subscriptions
“The general philosophy is we never want to pay for a user that, you know, has, you know, ideally we can get sort of like a two month payback period because of, you know, they'll do that annual subscription and pay us 60 dollars, but we never want to see anythi…”
Assertion Supported
Everlance Raised Under $3 Million to Reach 30,000 Paid Subscribers
“In total, we've raised a little less than three million.”
Assertion Supported
Marlantes Notes 1,000 Tracked Business Miles Yields $540 Tax Deduction
“Every thousand miles you track is worth up to, you know, 540 dollars as a deduction, and so for a lot of folks, mileage could be sort of the most valuable source of their business write-offs, and they just don't pay attention to it”