Jay Hakami
- CEO at SKYPAD
GetLatka talk
How SKYPAD Bootstrapped to $10M Revenue with 2,000 Brands and 1% Monthly Churn (Talk by CEO Jay Hakami)
Jay Hakami (CEO of SKYPAD) gave a talk on March 10, 2022.
SKYPAD figures from the talk
- Revenue (2022)
- $10M
- Customers (Brands) (2022)
- 2,000
- Gross Churn (Revenue) (2020)
- 1.8%
- Total Funding
- $0
- Sales Team (2022)
- 6
“We're bootstrapped, we did not take any outside money, not from the banks, not from anyone, I own 100% of the company.”
“Our first churn was a small company called Tommy Hilfiger. Anybody knows them? Okay. Mr. Tommy came to us. He was a second customer after Theory. By the way, Theory, and I mentioned that to Nathan, did not have a contract. It was a handshake.”
“Fast forward from a problem, from a cease and desist letter, we developed an app for the retailer. Okay? And that resulted in an increase of about 54% in our MRR.”