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Francisco Cornejo

๐Ÿ‘ค Speaker
118 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
New Sleep App Hits 1.5m Downloads, $700k Revenue, 10,000 Paid Customers

In the US, it's $89.

SaaS Interviews with CEOs, Startups, Founders
New Sleep App Hits 1.5m Downloads, $700k Revenue, 10,000 Paid Customers

So the average CAC, cost per acquired subscriber, it's around $40 to $60, depending on the country.

SaaS Interviews with CEOs, Startups, Founders
New Sleep App Hits 1.5m Downloads, $700k Revenue, 10,000 Paid Customers

Yeah.

SaaS Interviews with CEOs, Startups, Founders
New Sleep App Hits 1.5m Downloads, $700k Revenue, 10,000 Paid Customers

Well, we aim to do that.

SaaS Interviews with CEOs, Startups, Founders
New Sleep App Hits 1.5m Downloads, $700k Revenue, 10,000 Paid Customers

We aim to have a higher ARPU than our CAC.

SaaS Interviews with CEOs, Startups, Founders
New Sleep App Hits 1.5m Downloads, $700k Revenue, 10,000 Paid Customers

So the renewals come as an addition.

SaaS Interviews with CEOs, Startups, Founders
New Sleep App Hits 1.5m Downloads, $700k Revenue, 10,000 Paid Customers

Yeah, we raised our pre-seed round last year.

SaaS Interviews with CEOs, Startups, Founders
New Sleep App Hits 1.5m Downloads, $700k Revenue, 10,000 Paid Customers

We were lucky enough to cross roads with Jason Calacanis, amazing angel investor, probably one of the top five in the US, not the top three, at least.

SaaS Interviews with CEOs, Startups, Founders
New Sleep App Hits 1.5m Downloads, $700k Revenue, 10,000 Paid Customers

And he also was an early investor in Calm.com.

SaaS Interviews with CEOs, Startups, Founders
New Sleep App Hits 1.5m Downloads, $700k Revenue, 10,000 Paid Customers

And he fell in love with the business model because he knows about the subscription apps and how massive they can grow.

SaaS Interviews with CEOs, Startups, Founders
New Sleep App Hits 1.5m Downloads, $700k Revenue, 10,000 Paid Customers

But he also understood the need of helping parents to get their kids to sleep because of a personal experience.

SaaS Interviews with CEOs, Startups, Founders
New Sleep App Hits 1.5m Downloads, $700k Revenue, 10,000 Paid Customers

So it was a great thing.

SaaS Interviews with CEOs, Startups, Founders
New Sleep App Hits 1.5m Downloads, $700k Revenue, 10,000 Paid Customers

So it was around a million.

SaaS Interviews with CEOs, Startups, Founders
New Sleep App Hits 1.5m Downloads, $700k Revenue, 10,000 Paid Customers

We raised at $8 million.

SaaS Interviews with CEOs, Startups, Founders
New Sleep App Hits 1.5m Downloads, $700k Revenue, 10,000 Paid Customers

Yeah.

SaaS Interviews with CEOs, Startups, Founders
New Sleep App Hits 1.5m Downloads, $700k Revenue, 10,000 Paid Customers

Yeah.

SaaS Interviews with CEOs, Startups, Founders
New Sleep App Hits 1.5m Downloads, $700k Revenue, 10,000 Paid Customers

I think the potential was there.

SaaS Interviews with CEOs, Startups, Founders
New Sleep App Hits 1.5m Downloads, $700k Revenue, 10,000 Paid Customers

The numbers show that the investors are happy and we're looking to raise more.

SaaS Interviews with CEOs, Startups, Founders
New Sleep App Hits 1.5m Downloads, $700k Revenue, 10,000 Paid Customers

So yeah, I think it was- You only raised a million today then?

SaaS Interviews with CEOs, Startups, Founders
New Sleep App Hits 1.5m Downloads, $700k Revenue, 10,000 Paid Customers

Yeah.