Menu
Sign In Search Podcasts Charts People & Topics Add Podcast API Blog Pricing

Tom Erick von Krog-Martensen

๐Ÿ‘ค Speaker
87 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
1739 Construction SaaS VIRUS Plan: $84k MRR, $300k Cash, -$25k Monthly Burn

development when it comes to onboarding tools and automating the processes within the system.

SaaS Interviews with CEOs, Startups, Founders
1739 Construction SaaS VIRUS Plan: $84k MRR, $300k Cash, -$25k Monthly Burn

So it's for developers and to customer success developers.

SaaS Interviews with CEOs, Startups, Founders
1739 Construction SaaS VIRUS Plan: $84k MRR, $300k Cash, -$25k Monthly Burn

Say again?

SaaS Interviews with CEOs, Startups, Founders
1739 Construction SaaS VIRUS Plan: $84k MRR, $300k Cash, -$25k Monthly Burn

We have two sales reps and one marketing person.

SaaS Interviews with CEOs, Startups, Founders
1739 Construction SaaS VIRUS Plan: $84k MRR, $300k Cash, -$25k Monthly Burn

So the marketing person has also been doing 50% sales, but now he's 100% marketing.

SaaS Interviews with CEOs, Startups, Founders
1739 Construction SaaS VIRUS Plan: $84k MRR, $300k Cash, -$25k Monthly Burn

So it's two sales and one marketing.

SaaS Interviews with CEOs, Startups, Founders
1739 Construction SaaS VIRUS Plan: $84k MRR, $300k Cash, -$25k Monthly Burn

We don't calculate it.

SaaS Interviews with CEOs, Startups, Founders
1739 Construction SaaS VIRUS Plan: $84k MRR, $300k Cash, -$25k Monthly Burn

So our churn in December was 1.75% as an average six-month churn.

SaaS Interviews with CEOs, Startups, Founders
1739 Construction SaaS VIRUS Plan: $84k MRR, $300k Cash, -$25k Monthly Burn

That's correct.

SaaS Interviews with CEOs, Startups, Founders
1739 Construction SaaS VIRUS Plan: $84k MRR, $300k Cash, -$25k Monthly Burn

That's what we had in December.

SaaS Interviews with CEOs, Startups, Founders
1739 Construction SaaS VIRUS Plan: $84k MRR, $300k Cash, -$25k Monthly Burn

Uh, yeah, yes, of course we, we are not, uh, we, we are not, uh, we are not, we don't have a positive, uh, churn rate that, that we don't.

SaaS Interviews with CEOs, Startups, Founders
1739 Construction SaaS VIRUS Plan: $84k MRR, $300k Cash, -$25k Monthly Burn

So, but, uh, as,

SaaS Interviews with CEOs, Startups, Founders
1739 Construction SaaS VIRUS Plan: $84k MRR, $300k Cash, -$25k Monthly Burn

As I'm saying, we are growing, but the churn is bigger than the added upsell per existing clients.

SaaS Interviews with CEOs, Startups, Founders
1739 Construction SaaS VIRUS Plan: $84k MRR, $300k Cash, -$25k Monthly Burn

No.

SaaS Interviews with CEOs, Startups, Founders
1739 Construction SaaS VIRUS Plan: $84k MRR, $300k Cash, -$25k Monthly Burn

Our upsell on existing customers is less than the churn.

SaaS Interviews with CEOs, Startups, Founders
1739 Construction SaaS VIRUS Plan: $84k MRR, $300k Cash, -$25k Monthly Burn

No, that's true.

SaaS Interviews with CEOs, Startups, Founders
1739 Construction SaaS VIRUS Plan: $84k MRR, $300k Cash, -$25k Monthly Burn

So our expansion from existing customers does not cover the revenue churn.

SaaS Interviews with CEOs, Startups, Founders
1739 Construction SaaS VIRUS Plan: $84k MRR, $300k Cash, -$25k Monthly Burn

I see.

SaaS Interviews with CEOs, Startups, Founders
1739 Construction SaaS VIRUS Plan: $84k MRR, $300k Cash, -$25k Monthly Burn

So that's from that, that, that cover is covered by the new clients, which is more than the churn, of course.

SaaS Interviews with CEOs, Startups, Founders
1739 Construction SaaS VIRUS Plan: $84k MRR, $300k Cash, -$25k Monthly Burn

No, it's a bit more.