The Ledger

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Disclosure
Timebolt pays $7 monthly for AWS because processing is handled client-side
“Because we're a downloadable software, it actually sits right there on your computer. So your pot, your computer is what's powering all the algorithms. So, you know, we pay maybe seven bucks a month to Amazon. You know, for the server, just for actually downlo…”
Doug Wolf Jan 16, 2023 ▶ 6:43 Bootstrapped team of 2 hits $15k in MRR for video editing tool
Disclosure
Wolf: Timebolt equity is split evenly between co-founders
“It's a fair split. It's a fair split between us both.”
Doug Wolf Jan 16, 2023 ▶ 4:47 Bootstrapped team of 2 hits $15k in MRR for video editing tool
Disclosure
Wolf: Timebolt is entirely bootstrapped with no outside investors
“We're entirely bootstrapped, right? So we didn't have to bring in an outside investor in order to get the business up and running”
Doug Wolf Jan 16, 2023 ▶ 4:56 Bootstrapped team of 2 hits $15k in MRR for video editing tool
Disclosure
Doug Wolf: Timebolt generates $12.5k MRR and $20k monthly with lifetimes
“So we're at about, you know, 12 five recurring revenue and about 20 a month with the actual, with the lifetimes.”
Doug Wolf Jan 16, 2023 ▶ 5:54 Bootstrapped team of 2 hits $15k in MRR for video editing tool
Disclosure
Doug Wolf: Timebolt grows recurring revenue at about 11% month-over-month
“Almost exactly half. We've been growing at about 11% month over month when you take all the months consecutive and it's about 11% month over month growth.”
Doug Wolf Jan 16, 2023 ▶ 6:16 Bootstrapped team of 2 hits $15k in MRR for video editing tool
Disclosure
Doug Wolf: Timebolt co-founders take home $6,000 monthly, reinvesting remainder
“So instead of taking home, you know, 9000 dollars, we each take home 6000 dollars and pay You know, the, put that other money to work in other ways.”
Doug Wolf Jan 16, 2023 ▶ 9:47 Bootstrapped team of 2 hits $15k in MRR for video editing tool
Disclosure
Timebolt Operates With Two Full-Time Staff and Five Contractors
“Two. We just have a team of two. And I, we, of course, open that up to contractors, whether that's design contractors, you know, technology creators over the course of time. So we have about four or five of those.”
Doug Wolf Jan 16, 2023 ▶ 7:10 Bootstrapped team of 2 hits $15k in MRR for video editing tool
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