Sub Club by RevenueCat · 2023-11-01
From Idea to 8-Figure Exit in 10 Years Flat — Aaron Foss, Nomorobo
Aaron Foss on building Nomorobo from winning the FTC Robocall Challenge (2013) to an eight-figure exit a decade later without paid ads. Covers a 30,000-email waitlist built from prize press, seeding the blocklist with FOIA'd FTC data, free landline blocking as a data and acquisition engine for a $1.99/month iOS subscription, programmatic SEO pages per robocaller number, localized data-driven press pitches, carrier integrations, rolling small raises, surviving on $944 in the bank, and running a light exit process.
Play the episode18 tactics
Numbers mentioned
| Who | Metric | Value | Context | When |
|---|---|---|---|---|
| Nomorobo | funding raised | USD 25K/one-time | Half of the $50,000 FTC Robocall Challenge prize, split between two winners of ~800 entrants | 5:32 |
| Nomorobo | count | 3,000 signups | Email waitlist signups a few months after winning, cited in Congressional testimony | 14:44 |
| Nomorobo | count | 30K signups approximate | Email waitlist signups at launch (over 30,000) | 11:56 |
| Nomorobo | time to milestone | 6 weeks projection | Projected runway after launch week, driven by Twilio call-answering costs | 15:27 |
| Nomorobo | price | USD 1.99/month | Basic mobile subscription | 21:08 |
| Nomorobo | price | USD 20/year approximate | Basic mobile subscription, annual | 19:03 |
| Nomorobo | price | USD 5/month | Max tier | 50:39 |
| Nomorobo | price | USD 50/year | Max tier, annual | 50:39 |
| Nomorobo | price | USD 80/year | Max family plan, annual | 50:39 |
| Nomorobo | funding raised | USD 2.25M approximate | Total raised over the life of the company (a little over $2.25M) | 31:28 |
| Nomorobo | funding raised | USD 1M approximate | Pre-seed tranche on rolling convertible notes | 31:40 |
| Nomorobo | funding raised | USD 1.25M approximate | Series A tranche that got the company to profitability | 31:40 |
| Nomorobo | funding raised | USD 50K/one-time estimate | First close on a convertible note opened for $500K | 31:40 |
| Nomorobo | funding raised | USD 250K/one-time approximate | Next close on the rolling note, later extended up to ~$1M | 31:40 |
| Nomorobo | cash balance | USD 944 | Low point in the bank account while waiting for the first Apple payouts after the mobile launch; guest says it is an over-simplification given unpaid bills | 33:47 |
| Nomorobo | cost | USD 120K/month approximate | Peak Twilio bill for running free landline blocking, during political election seasons | 35:57 |
| Nomorobo | count | 300K phone lines approximate | Company-owned honeypot phone lines (old 'dirty' numbers bought from Twilio and carriers) used to record robocalls | 36:43 |
| Nomorobo | count | 7M robocaller numbers approximate | Robocaller numbers on the blocklist, as quoted in the landing-page call to action | 37:26 |
| Nomorobo | count | 2–3 press mentions/week approximate | Unpaid press mentions of Nomorobo or Aaron, on average every week for 10 years | 53:59 |
| Nomorobo | count | billions approximate | Robocalls blocked, the company's single early KPI | 54:57 |
| Nomorobo | exit price | over eight figures approximate | 1:12 |