The Ledger
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Chopra: Wingify generates about $18 million in annual revenue
“So we're doing about 18 mil, about 18 mil per year.”
Chopra: Bootstrapped Wingify spends one-sixth to one-fifth of LTV on CAC
“Typically since we've been bootstrapped, we spend say one-sixth of the LTV or one-fifth of the LTV. We haven't gone as far as like one-third or one-twelfth. We haven't been very aggressive.”
Chopra: Wingify is fully bootstrapped with no outside funding
“Bootstrapped. We haven't raised any funding.”
Paras Chopra: VWO's pricing sweet spot is $300 to $500 monthly
“So you can think of it as something like maybe 300 to 500 dollars per month. That range is the sweet spot where we play in.”
Chopra: VWO has low enterprise churn but high SMB churn
“Enterprises, we hardly have churn, but I mean, we have a spectrum of custom. For small businesses, definitely more than that.”