Jacob Appel
- CEO at Binderr
GetLatka interview
How Binderr Reached 6 Paying Customers Averaging About €500 a Month in 2023 (Interview with CEO Jacob Appel)
Jacob Appel (CEO of Binderr) spoke to Nathan Latka on September 15, 2023.
Binderr figures from the interview
- Monthly Burn Rate (September 2023)
- €100,000
- Customers (September 2023)
- 6
- ARPU (September 2023)
- €500 per month
- Team Size (September 2023)
- 18
- First Paying Customer
- March 2023
“Corporate service provider.”
“Today, they're paying us about €500 a month.”
“And the reason why we are only at €500 on average per customer is that a lot of the features and a lot of our penetration into the service provider is not deep enough, So we would expect our average customer to pay us 2 to €3,000 a month when we get deep enough with our penetration. But today, as we're still fairly early, it's about €500.”
Bio
I'm Jacob. I love building companies. Had a nice 8-figure exit from Bolt in 2023 and now building my life's work with Binderr.