I have to admit, it is very flattering to be approached by venture capital firms on a regular basis. From what I read, it’s hard to get a meeting with a VC, let alone have them contact you out of the blue.
Despite all of the tempting reasons to take outside funding, Trackur remains self-funded and that’s the way we plan to stay. In fact, seeing our competitors raise millions of dollars in venture capital, always leaves me scratching my head.
What in the world do they do with this money?
Trackur has been profitable from day one and our monthly prices start at just $18!!!
We have over 32,000 registered users. That makes us the largest social media monitoring firm in the world.
I really don’t know what I would spend $1M on, let alone $50M! My only guess is that our peers use their funds to hire dozens of people, move into fancy offices, and run expensive marketing campaigns. All of which has to be recouped somehow, which is why you end up spending thousands of dollars on their product, when we can charge 60 cents a day!
But Andy, they have so many cool features. So many pretty charts! Oh yeah, then wait a month or two. Wait til we roll out our new executive dashboards with the exact same features for just $18!
We’ll continue to offer the easiest, most affordable, and most accurate social media monitoring tools on the web. Before you drop a few thousand dollars on a service that is priced to pay back the investors, why not give us a shot first?