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Neil Nellison

๐Ÿ‘ค Speaker
143 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
1038 How Prezly Bootstrapped To $1.6m+ in ARR

I mean, like, you don't know if someone's staying for 99 months, that's like a really long, long time, but also it's like the 400 is like across our client base.

SaaS Interviews with CEOs, Startups, Founders
1038 How Prezly Bootstrapped To $1.6m+ in ARR

So I would say right now, our average client is paying us like around 10 K a year.

SaaS Interviews with CEOs, Startups, Founders
1038 How Prezly Bootstrapped To $1.6m+ in ARR

So that's like more to 800 or 900 per month.

SaaS Interviews with CEOs, Startups, Founders
1038 How Prezly Bootstrapped To $1.6m+ in ARR

And if you do that, like if you consider people to stay around for three years or four years, well, then you have like around 50 K, but again,

SaaS Interviews with CEOs, Startups, Founders
1038 How Prezly Bootstrapped To $1.6m+ in ARR

LTV, I'm more focusing on like the payback ratio and like the machine being healthy, driving down churn, becoming like net positive, like net negative churn.

SaaS Interviews with CEOs, Startups, Founders
1038 How Prezly Bootstrapped To $1.6m+ in ARR

Are you net negative yet?

SaaS Interviews with CEOs, Startups, Founders
1038 How Prezly Bootstrapped To $1.6m+ in ARR

No, not, not yet.

SaaS Interviews with CEOs, Startups, Founders
1038 How Prezly Bootstrapped To $1.6m+ in ARR

So it's like 0.99 and a bit.

SaaS Interviews with CEOs, Startups, Founders
1038 How Prezly Bootstrapped To $1.6m+ in ARR

But yeah, we're getting there.

SaaS Interviews with CEOs, Startups, Founders
1038 How Prezly Bootstrapped To $1.6m+ in ARR

You think you'll hit it this year?

SaaS Interviews with CEOs, Startups, Founders
1038 How Prezly Bootstrapped To $1.6m+ in ARR

Yes, absolutely.

SaaS Interviews with CEOs, Startups, Founders
1038 How Prezly Bootstrapped To $1.6m+ in ARR

We're hiring for that.

SaaS Interviews with CEOs, Startups, Founders
1038 How Prezly Bootstrapped To $1.6m+ in ARR

And yeah, absolutely.

SaaS Interviews with CEOs, Startups, Founders
1038 How Prezly Bootstrapped To $1.6m+ in ARR

What's your team size today?

SaaS Interviews with CEOs, Startups, Founders
1038 How Prezly Bootstrapped To $1.6m+ in ARR

So around 15, 16 people.

SaaS Interviews with CEOs, Startups, Founders
1038 How Prezly Bootstrapped To $1.6m+ in ARR

Where are you based?

SaaS Interviews with CEOs, Startups, Founders
1038 How Prezly Bootstrapped To $1.6m+ in ARR

We're a 100% remote company, but our main office is in Belgium, Brussels.

SaaS Interviews with CEOs, Startups, Founders
1038 How Prezly Bootstrapped To $1.6m+ in ARR

Okay, good.

SaaS Interviews with CEOs, Startups, Founders
1038 How Prezly Bootstrapped To $1.6m+ in ARR

Yeah, close to Brussels, yeah.