The Ledger
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Owens: Paddle customers average 25% to 35% organic revenue growth annually
“So revenue churn is actually, so we see on average, if we aggregate all of the customers, we see about 25 to 35% growth in underlying business each year.”
Owens: Inbound channels drive 20% to 25% of Paddle's new business
“It's probably 20, 25% of new business is inbound versus the rest outbound today.”
Owens: Paddle targets a five-month customer payback period
“We target internally payback of about five months.”
Owens: Paddle remits sales taxes in over 40 countries
“We pay their taxes for them sort of like calculate and pay and remit sales taxes in 40 something different countries.”
Owens: Paddle raised $20M of its $24M total in the past year
“In the last like 12 months, we raised like twenty million bucks of the 24 that we raised.”
Owens: Paddle raised an initial £150k seed round from one angel
“So like actually raising capital was the first thing that we did as a business. Like can I, and it kind of comes back to kind of Patrick's point earlier, and it wasn't the initial round of money round of kind of funding, which was just a seed round from like o…”