The Ledger
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Clatter's net dollar retention is 150% via professional services
“It's and it's probably is around one 50, but not for necessarily the reasons you would think. A lot of it's going to be around that we'll add on professional services to it.”
Founders should learn proper coding instead of building hacky MVPs
“Man, learn to code the right way. Don't be some sort of hack to build MVPs.”
First client paid Clatter $250,000 upfront to build the product
“They gave us 250,000 to build out this solution.”
Clatter did $370k ARR and $675k total revenue in the prior year
“From an ARR standpoint, we were at three 70 a year ago but total, total revenue was six 75 last year”
Clatter projects around $850,000 in total revenue this year
“We're looking somewhere probably around eight 50 when the year's done.”
Clatter's recurring SaaS revenue share increased from 55% to 71%
“Now it's at 71%, and a year ago it was 55%.”
Clatter will generate approximately $274,000 in annual profit
“It is profitable at this year we'll do looking at my spreadsheet, we'll do about two 74 and profit.”