1433 Can You Run 2 $1.5m ARR Companies At Same Time?
SaaS Interviews with CEOs, Startups, Founders
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Show Notes
Michael Kamleitner is the CEO of Walls.io (https://walls.io/)
🕒 Time Stamped Show Notes:
00:00 – Nathan's introduction to today's show
0:40 – How he runs two companies of roughly the same size
1:00 – Why they've built Walls.io as a social media marketing tool
1:45 – How the average customer pays around $225 today
2:20 – Why they launched the company in 2014 and bootstrapped thus far
2:40 – How 500 customers are using their product today
3:50 – Why they are doing around $110k in MRR
4:05 – How they've grown 70% from around $70k in MRR twelve months ago
4:45 – Why churn is naturally high
6:55 – How he made the decision to run two companies in parallel
8:55 – Why their other product is an enterprise social media scheduling tool
9:15 – "Would you sell for $3M today?"
9:45 – How he is interested in spliting the company and raising capital
10:25 – Why they are having success in content marketing and paid advertising
11:45 – How they are paying around 100 euros to land a new customer
12:20 – Why they aren't spending more money on paid acquisition
12:55 – How their team is headquartered in Vienna
13:30 – The Famous Five