Massimo Chieruzzi
๐ค SpeakerAppearances Over Time
Podcast Appearances
Sure thing.
So in terms of revenue per user, we are still there because we didn't change much about our pricing.
We mainly focus on reducing our churn and, of course, growing.
So at this point right now, we are over a $5 million run rate.
And last year, we grew 11x on all the most important metrics for us, from the revenues to the number of Facebook advertising dollars managed every month.
Now, the last one was a priced equity round.
So we converted all the convertible notes.
But the truth is that we have been profitable for the last year.
So we don't need the money.
It was very, very little.
It was 1 million.
It's mainly small, medium business owners.
So on average, our perfect customers are everyone spending between $2,000 per month up to $50,000, $100,000 per month.
We also have outliers spending like $2 million per month and guys spending like $500.
But that's the sweet spot.
And our...
Top four verticals are startups, of course, but mainly small and medium media agencies, small brands, e-commerce guys, startups, and mobile developers.
So we have a pretty good churn.
It's around 7% and it's decreasing.
But the most interesting thing is that we have most of the churn is in the first 30 days and it's for the lower subscription plan.