Philippe Lehoux
- Co-Founder at Missive
GetLatka interview
How Missive Bootstrapped to $1M ARR with Just 4 People and Said No to a $30M Acquisition Offer Paid in Equity (Interview with Philippe Lehoux)
Philippe Lehoux (Co-Founder of Missive) spoke to Nathan Latka on April 29, 2021.
Missive figures from the interview
- ARR (early 2021)
- $1M
- Customers (2021)
- 2,000 businesses
- Team Size (2021)
- 4 people
- Price Per Seat (2021)
- $15 per seat
- Bootstrapped
- Yes
“We actually start working on the project in 2014, but it was mostly like a tool for itself, building another previous startup we had started.”
“So right now, so you you pay per seat. So if you're a company of 10, you're gonna pay 10 seat. And right now it's $15 per seat, US dollars for a seat and that's full featured. So you get everything in the product for $15. We kind of have one at 10, but it's way less popular. So $15 in our space is really low compared to other offering.”
“So I'd say right now so we crossed, like, the 1,000,000 ARR, like, two months ago. And yeah. That was good.”
Bio
Philippe is an autodidact coder. He always had the firm belief he needed only time and consistency before success hit, he slowly built his life around his capacity to sustain himself for as long as possible on a low budget. Fast forward to today, he runs two successful online businesses each reaching $1M/year.