Michael Cheng
๐ค SpeakerAppearances Over Time
Podcast Appearances
Yeah.
So based on the numbers that we do have and LTV based on two and a half years, so it's not like the cohorts super long, but it's about $700 per customer and about $5 per free user.
They can definitely connect me over Twitter, Michael HSC, or send me an email anytime at Mike at snip.ly.
Total 2015 revenue was around 400K.
That's year two revenue.
I think right now we're investing very heavily in the future of video.
When we first started two years ago, links was huge.
People were curating, sharing content.
I think as you probably know very much yourself as well in the space of content, people are sharing videos.
Now we're investing very heavily in a new platform that's going to automatically convert blog posts into videos using natural language processing and a bunch of artificial intelligence.
It actually summarizes the article and spits out a 30 to 60 second video, which gets you a lot more Facebook reach.
And so that's the type of flexibility that we look for in bootstrapping that we leverage to be able to build new things that we envision as the future of marketing.
Uh, that'd be a tough decision.
I think it's going to depend on who it's going to depend on terms.
It's going to depend on whether or not we're going to be forced to work for that company because we're very excited about the new video platform that we're building.
If that's going to tie us down and delay us by our timeline by two years, that's not going to fly with us.
I actually really love Google Translate.
I provide support in multiple languages.
20 year old me was in a huge rush to make a lot of money, but business takes time.
Thank you so much for having me.