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Baremetrics for Buffer

buffer.baremetrics.io

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Re: Baremetrics for Buffer

#31

Post by Shpigford »

buro9 wrote: post #26

Great 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.

Right now we're focused squarely on Stripe. They make it stupid easy to build on top of (thanks to Stripe Connect). May expand way down the road, but that's waaayyyy down the road.

Re: Baremetrics for Buffer

#33

Post by joelgascoigne »

vardy wrote: post #10
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...

Thanks for the help vardy! We're currently 22 full-time and will be 24-25 in a few weeks.

Re: Baremetrics for Buffer

#34

Post by joelgascoigne »

brianbreslin wrote: post #24
vardy wrote: post #10

Earlier quoted context omitted.

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.

That's around the right ballpark. If you want to do the actual calculation, feel free to take a look at our spreadsheet of salaries here: https://docs.google.com/a/bufferapp.com/spreadsheet/ccc?key=...

Re: Baremetrics for Buffer

#35

Post by joelgascoigne »

nodesocket wrote: post #5
rememberlenny wrote: post #3

Earlier quoted context omitted.

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).

Indeed, we haven't raised a large single round from an institution, though we did have 3 firms put in $50k each as part of that $450k round. The board is just myself and Leo.

Re: Baremetrics for Buffer

#37

Post by alanmeaney »

This is a great partnership and I can't wait to see what comes next.

I've watched and enjoyed reading the Buffer story since the early days. In fact it probably played a small part in my path towards quitting work last summer and starting my own thing.

I'm considering doing an 'Open blog' for our enterprise start-up http://www.fundrecs.com like the guys did with Buffer.

Trying to weigh up whether it would limit us or enable us to do more. My gut is saying go for it but my co-founders aren't convinced.

Re: Baremetrics for Buffer

#39

Post by Major_Grooves »

axelbouaziz wrote: post #22

Huge 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-me…

can't deny this also looks nice! Good luck with it. Hope to evaluate you vs OP in the not too distant future.
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