“A 53% adjusted EBITDA margin ... 84% of their revenue comes from recurring subscriptions.”
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Said on Motley Fool Hidden Gems Investing
Operators · How to Raise Capital for Your Brand: TJ Bongiorno (Founder Outgoing Co)
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launched a subscription model for their hero product with an 84% take rate
84% take rate
“A 53% adjusted EBITDA margin ... 84% of their revenue comes from recurring subscriptions.”
“If someone can bring their subscription… you can use whatever model you want under your subscription… it changes the equation for me.”
“Dominican Sisters Open Mic listenership is up 3500% since launch, according to Spotify. Millennials and Gen Z make up 84% of the podcast's audience on the platform.”
“I gamified Upwork a little bit to where I was doing the easy jobs for cheap and then asking for five-star reviews… then I was slowly able to start raising my rates and actually testing our subscription model.”
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