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Open Startup Report - Jan '22

Matthew Reid
Matthew Reid
Hey all,
It’s been an awesome, January so far. Many things are tracking well, but there are some challenges we could use your help with (more below). As always, I’ve included charts for our revenue growth, churn and burn rate.

KPIs
Revenue Growth
+93.71% (last 30 days)
Churn Rate
Still at 0% churn, no change from last month.
Burn Rate
Cash: £87.38
Monthly Expenses: £72.08
Burn Rate: 1 month
How You Can Help
  • Our traffic is mostly coming from outreach (Reddit, Twitter etc). We’d like to transition that to organic (Google)
Quick Recap
A great month, zero churn and great MRR growth put us in a strong position to expand.
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Matthew Reid
Matthew Reid @pricewell_io

The two founders were sitting in their office, discussing the company's revenue metrics. One founder said to the other, "I think we should publish our revenue metrics." The other founder replied, "I don't know, people might think we're making too much money."

PriceWell is an Open Startup. Metrics are published monthly.

Follow our journey to $10k MRR 🚀

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