The Ledger
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Fileboard's average annual contract value is between $20,000 and $30,000
“So, you know, that an average that can, the range is between 20 to 30 K. Okay, 20 to 30 K contracts.”
Fileboard built an eight-figure business on $700,000 in angel funding
“Yeah, I think we've raised about 700 K.”
Fileboard maintains a gross monthly customer churn of 2% to 3%
“It's between two and three percent.”
Fileboard's inbound customer acquisition cost is roughly $300 to $400
“That, you know, I would say for inbound, that's around, you know, three to 400 dollars.”
Fileboard's monthly recurring revenue is approaching $2 million
“Not yet. Yeah, pretty close though.”
Fileboard founders split equity exactly 50/50
“Yeah, everything is fifty-fifty, you know, so no doubt about it.”
Fileboard entered the 500 Startups accelerator without a finished product
“We went into the 500 startup accelerator with the, without a product”