The Ledger

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Disclosure
Ripl has raised just under $7 million to date
“Just shy of seven.”
Clay McDaniel May 15, 2020 ▶ 4:50 1756 "Ripl Hits $10m ARR Helping 70k SMB's Create Video Content "
Disclosure
Ripl relies on direct-response marketing and has no sales team
“We're entirely a direct response marketing driven customer acquisition model. So no sales team at all.”
Clay McDaniel May 15, 2020 ▶ 8:41 1756 "Ripl Hits $10m ARR Helping 70k SMB's Create Video Content "
Disclosure
Ripl spends at least $200,000 monthly on direct ad spend
“It varies cause we bring it up and down based on CAC efficiency, but never goes below about 200,000.”
Clay McDaniel May 15, 2020 ▶ 16:44 1756 "Ripl Hits $10m ARR Helping 70k SMB's Create Video Content "
Disclosure
Ripl scales ad spend to $500,000+ when churn metrics improve
“When we see LTV real playing, really pulling through, which means our trial churn is looking good. Our month one churn is looking good. We'll go up to 400,000 and a half million or more.”
Clay McDaniel May 15, 2020 ▶ 16:55 1756 "Ripl Hits $10m ARR Helping 70k SMB's Create Video Content "
Disclosure
Ripl operates at break-even and intends to remain profitable while scaling
“Yeah. We're on the right side of that right now, and you know, as we hire a few more folks who might Step down to burning again. But the intent here is to run this thing and break even or better and to continue to scale it, but at a faster rate this year.”
Clay McDaniel May 15, 2020 ▶ 17:33 1756 "Ripl Hits $10m ARR Helping 70k SMB's Create Video Content "
Disclosure
Ripl targets businesses under 10 employees and solo entrepreneurs
“We focus on businesses that have 10 or fewer employees and a meaningful part of our customer base is actually just single entrepreneurs solo.”
Clay McDaniel May 15, 2020 ▶ 1:22 1756 "Ripl Hits $10m ARR Helping 70k SMB's Create Video Content "
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