Baremetrics for Buffer

#1

Post by zrail » Tue, Apr 29, 2014, 4:05 PM UTC

Baremetrics for Buffer
buffer.baremetrics.io

Re: Baremetrics for Buffer

#2

Post by nodesocket » Tue, Apr 29, 2014, 4:15 PM UTC

Kuddos. Honestly I didn't even you could pay for Buffer. It is really impressive they are willing to be so transparent with their financials. It probably helps that they haven't raised any institutional investment[1] and thus don't have any external pressures about releasing these details.

[1] https://angel.co/buffer

Re: Baremetrics for Buffer

#3

Post by rememberlenny » Tue, Apr 29, 2014, 4:20 PM UTC

nodesocket wrote: post #2

Kuddos. Honestly I didn't even you could pay for Buffer. It is really impressive they are willing to be so transparent with their financials. It probably helps that they haven't raised any institutional investment[1] and thus don't have any external pressures about releasing these details. [1] https://angel.co/buffer

Buffer raised $500,000

Link: http://onstartups.com/tabid/3339/bid/98034/The-Pitch-Deck-We...

Re: Baremetrics for Buffer

#4

Post by nodesocket » Tue, Apr 29, 2014, 4:22 PM UTC

The 6 month recurring revenue graph is interesting:

https://buffer.baremetrics.io/stats/mrr?start_date=2013-10-2...

Gotta love 75% growth, and 199% yearly growth.

Re: Baremetrics for Buffer

#5

Post by nodesocket » Tue, Apr 29, 2014, 4:26 PM UTC

rememberlenny wrote: post #3

nodesocket wrote: post #2

Kuddos. Honestly I didn't even you could pay for Buffer. It is really impressive they are willing to be so transparent with their financials. It probably helps that they haven't raised any institutional investment[1] and thus don't have any external pressures about releasing these details. [1] https://angel.co/buffer

Buffer raised $500,000 Link: http://onstartups.com/tabid/3339/bid/98034/The-Pitch-Deck-We...

> ..in the end, we closed a $450k seed round from 18 investors.

As I said, they did a distributed Angel round, not a traditional investment from an institution (VC).

Re: Baremetrics for Buffer

#6

Post by brianbreslin » Tue, Apr 29, 2014, 4:29 PM UTC

I'm curious how big their staff is, what their burn rate is, etc. I also am curious if they have 22k paying customers, how many are free tier?

That seems like a very healthy business right there, which might be able to squeeze a bit more growth out of its free tier.

Re: Baremetrics for Buffer

#7

Post by xpose2000 » Tue, Apr 29, 2014, 4:32 PM UTC

This is an absolutely brilliant move for both companies. I imagine baremetrics will double or triple their revenue by the end of summer because of this.

Well done.

Re: Baremetrics for Buffer

#8

Post by nathanbarry » Tue, Apr 29, 2014, 4:33 PM UTC

xpose2000 wrote: post #7

This is an absolutely brilliant move for both companies. I imagine baremetrics will double or triple their revenue by the end of summer because of this. Well done.

Agreed. It's brilliant. The great thing is you can see if that happens by just watching this page: http://demo.baremetrics.io

Re: Baremetrics for Buffer

#9

Post by nodesocket » Tue, Apr 29, 2014, 4:35 PM UTC

nathanbarry wrote: post #8

xpose2000 wrote: post #7

This is an absolutely brilliant move for both companies. I imagine baremetrics will double or triple their revenue by the end of summer because of this. Well done.

Agreed. It's brilliant. The great thing is you can see if that happens by just watching this page: http://demo.baremetrics.io

The link is https://demo.baremetrics.io :)

Re: Baremetrics for Buffer

#10

Post by vardy » Tue, Apr 29, 2014, 4:46 PM UTC

brianbreslin wrote: post #6

I'm curious how big their staff is, what their burn rate is, etc. I also am curious if they have 22k paying customers, how many are free tier? That seems like a very healthy business right there, which might be able to squeeze a bit more growth out of its free tier.

You can see their staff costs as of Dec 2013 here: http://open.bufferapp.com/introducing-open-salaries-at-buffe...