Tim Sae Koo, founder of social content aggregator Tint, explains his company's team size and organizational structure to Nathan Latka.
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“Team size is right around 30 people. Half would be around sales and marketing. Half would be about product and engineering.”
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More from Tim Sae Koo
Insight
Non-monetized consumer apps in 2013 needed 10M users to raise
“The simple rule of thumb was that if you wanted to raise more money because you didn't have a revenue model, you needed to at least hit around ten million users at that time to even make some sort of impact or dent to give yourself enough eyeballs to monetize …”
Tim Sae KooNov 4, 2017▶ 5:24833: SaaS: Almost Broke, Pivots 2013, Now $5m+ in ARR in Social Hashtag Tracking Space
Disclosure
Tim Sae Koo decided not to raise further outside funding
“That's why I've made the cognizant decision and conscious decision to not raise outside funding.”
Tim Sae KooNov 4, 2017▶ 11:15833: SaaS: Almost Broke, Pivots 2013, Now $5m+ in ARR in Social Hashtag Tracking Space
PredictionNot checkable as stated
Tint aims to reach $7.5M in cash revenue in 2017
“The goal is to get to right around seven and a half million in revenue. So last year we got around six. So we're trying to grow that just a little step up.”
Tim Sae KooNov 4, 2017▶ 8:49833: SaaS: Almost Broke, Pivots 2013, Now $5m+ in ARR in Social Hashtag Tracking Space
AssertionNot checkable as stated
Tint generated $6M cash revenue and $5M ARR in 2016
“The cash basis would be about six million. The AR would be right around five million.”
Tim Sae KooNov 4, 2017▶ 9:12833: SaaS: Almost Broke, Pivots 2013, Now $5m+ in ARR in Social Hashtag Tracking Space
AssertionNot checkable as stated
Tint currently generates $5.5M in annual recurring revenue
“So right now, the AR side would be right around like five and a half ish. So that gives you some so I'm saying like five and a half AR five, 5.5 million AR in the right now.”
Tim Sae KooNov 4, 2017▶ 10:00833: SaaS: Almost Broke, Pivots 2013, Now $5m+ in ARR in Social Hashtag Tracking Space
AssertionNot checkable as stated
Tint has been profitable since its inception
“We are profitable. We, we've been profitable ever since the beginning.”
Tim Sae KooNov 4, 2017▶ 11:33833: SaaS: Almost Broke, Pivots 2013, Now $5m+ in ARR in Social Hashtag Tracking Space
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