First off, some context. Our active customer base was composed of the following before the change:
- ~200 freemium customers not paying anything
- ~200 freemium customers paying something (~$200 ARPU)
- 36 contract customers with low 5-figure ACVs
Jan 23, 2020 • 15 tweets • 3 min read
Some thoughts for founders on choosing, pitching and working with VCs — a thread
Why am I credible? I have raised $41mm from some fantastic investors, have pitched an order of magnitude more than have ever said yes, and have learned a few things in my nearly 8 years as CEO of a venture-backed startup. That said, this is all opinion and there are no rules.