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Baremetrics for Buffer
21–30 of 57 posts
Re: Baremetrics for Buffer
#22Huge congratulations Josh and Baremetrics !
It's a great app and it's good to see you growing well.
The brief conversations we've had with you have been great and we think you're a really nice guy.
We've built a similar app but hope to compete with slightly different features (more details to come).
We launched our private beta today, and it's either good or bad timing ;)
Axel, designer at SaaS Metrics http://saas-metrics.com
Re: Baremetrics for Buffer
#23This is pretty neat.
Re: Baremetrics for Buffer
#24I'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...
so some quick back of napkin math makes their annual burn rate around $1.6M in salaries.
Re: Baremetrics for Buffer
#25I'm not a huge user of Buffer, but I really like them because they've given us great insight into running a startup that's not a smash-hit-media-darling. VCs weren't knocking down their doors with truckloads of cold cash, they weren't beating journalists off their backs, etc, you get my point. They've had to stick to business fundamentals from day 1, methodically approaching issues like profitability, marketing, business development, growth, with only $500k of investment. They've been up and running for a few years now with a team of ~17 who're being paid competitive salaries. They've no doubt learned a lot and have been open about it. And this is just another example of their strategic biz dev, marketing and transparency they've become pretty masterful at.
I should add that this is also a great move by Baremetrics, who are likely to gain much more out of this.
Re: Baremetrics for Buffer
#26Great dashboard.
Would love to see it work for more than just Stripe.
Perhaps for a variety of backends, or an aggregate one like Xero so that it can get insight into payments coming in from sources like PayPal and direct bank transfers too.
Re: Baremetrics for Buffer
#27I'm not a huge user of Buffer, but I really like them because they've given us great insight into running a startup that's not a smash-hit-media-darling. VCs weren't knocking down their doors with truckloads of cold cash, they weren't beating journalists off their backs, etc, you get my point. They've had to stick to business fundamentals from day 1, methodically approaching issues like profitability, marketing, busi…
It's been a great insight for me and helped with putting together the deck and approach that landed us some Angel funding.
The other part of it is now we want to help people too, so we've written a few posts about our own spending and metrics. Great to be able to shed some light on early stage questions.
Re: Baremetrics for Buffer
#28Doesn't this expose who their customers are (in the live stream)? I'm all for transparency, but it doesn't seem like the customer list is theirs to share.
This seems like a slightly faux concern considering that any post (Twitter / Facebook) made with Buffer says so.
Re: Baremetrics for Buffer
#29This is really helpful.
+ I've been using Buffer for few weeks now and it's really a pain killer. Hope they can make 'locale/language' setting available for Facebook Pages tho.
Re: Baremetrics for Buffer
#30Is their revenue entirely from the "Buffer for Business" plans?
Hi Brandon!
Out of our total March revenue of $246,000 [1], 79% came from our $10/mo Awesome Plan and the other 21% came from Buffer for Business [2].
Let me know if you have any other questions :-)
[1] http://open.bufferapp.com/buffer-update-march-2014/ [2] http://open.bufferapp.com/buffer-revenue-growth-report-2/