Chaudhry: BlogVault is growing revenue at least 30% annually
Akshat Chaudhry · How to Set Up Profit Sharing Plan from $2m+ Bootstrapper · Jun 17, 2022 · at 15:05
Akshat Chaudhry is the founder and CEO of BlogVault, a WordPress backup and security SaaS company.
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“We have been growing healthily at least 30% a year.”
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More from Akshat Chaudhry
Chaudhry: BlogVault builds a better product than Automattic
“So Automatic is the company, yes. And we would love to, yeah, we think we have a better product than them.”
Chaudhry: Top Bangalore senior engineers at BlogVault earn up to $100,000
“It can go to a 100,000 dollars.”
BlogVault's profit-sharing prioritizes tenure over seniority
“So for example, if you are a very senior person, but you have only spent a year in BlogVault, then the then the profit share would be lower than a person who is, who might be junior than you, but has spent five years at BlogVault.”
Chaudhry: BlogVault allocates over 20% of annual profits to employee profit-sharing
“It's higher than that. Yeah, it's higher than that.”