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Rishikesh Kali

๐Ÿ‘ค Speaker
117 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
1529 Will This Company Ever Scale Past $6k/mo?

So, churn is around 1.5% right now.

SaaS Interviews with CEOs, Startups, Founders
1529 Will This Company Ever Scale Past $6k/mo?

We're trying to reduce it further.

SaaS Interviews with CEOs, Startups, Founders
1529 Will This Company Ever Scale Past $6k/mo?

It was around... Sorry?

SaaS Interviews with CEOs, Startups, Founders
1529 Will This Company Ever Scale Past $6k/mo?

Yeah, 1.5%.

SaaS Interviews with CEOs, Startups, Founders
1529 Will This Company Ever Scale Past $6k/mo?

And revenue churn was around 3%.

SaaS Interviews with CEOs, Startups, Founders
1529 Will This Company Ever Scale Past $6k/mo?

We've been able to reduce it to around 2.7%.

SaaS Interviews with CEOs, Startups, Founders
1529 Will This Company Ever Scale Past $6k/mo?

We want to further reduce it.

SaaS Interviews with CEOs, Startups, Founders
1529 Will This Company Ever Scale Past $6k/mo?

We've been doing some changes.

SaaS Interviews with CEOs, Startups, Founders
1529 Will This Company Ever Scale Past $6k/mo?

So we recently launched a version 3, which has some nice improvement over the previous versions.

SaaS Interviews with CEOs, Startups, Founders
1529 Will This Company Ever Scale Past $6k/mo?

And that's showing us much better response in terms of growth than in terms of a reduced in a user churn.

SaaS Interviews with CEOs, Startups, Founders
1529 Will This Company Ever Scale Past $6k/mo?

So right now, we are in between raising funds.

SaaS Interviews with CEOs, Startups, Founders
1529 Will This Company Ever Scale Past $6k/mo?

We've been raising the next round of funds.

SaaS Interviews with CEOs, Startups, Founders
1529 Will This Company Ever Scale Past $6k/mo?

And then our plan is to build more functionality to the product.

SaaS Interviews with CEOs, Startups, Founders
1529 Will This Company Ever Scale Past $6k/mo?

We are basically a sales tool.

SaaS Interviews with CEOs, Startups, Founders
1529 Will This Company Ever Scale Past $6k/mo?

So we will be building a product around sales tools.

SaaS Interviews with CEOs, Startups, Founders
1529 Will This Company Ever Scale Past $6k/mo?

And we have a roadmap of some of the features that aren't there in existing tools.

SaaS Interviews with CEOs, Startups, Founders
1529 Will This Company Ever Scale Past $6k/mo?

And then we are planning to send some on a sale so that...

SaaS Interviews with CEOs, Startups, Founders
1529 Will This Company Ever Scale Past $6k/mo?

we could grow the product how much are you looking to raise right now so right now it's not so we are not disclosing the terms because right now it's been right now it's in a discussion so valuation some part of a valuation

SaaS Interviews with CEOs, Startups, Founders
1529 Will This Company Ever Scale Past $6k/mo?

So valuation is based on a number of installs that we have and the number of users that we have right now.

SaaS Interviews with CEOs, Startups, Founders
1529 Will This Company Ever Scale Past $6k/mo?

So that's our source of valuation.