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How Bootstrapped Freemius Reached Tens of Millions in GMV With a 20-Person Team

Founder Vova Feldman explains Freemius's revenue-share pricing, a year to the first customer, and how promoting YouTube videos took the channel from 5K to over 100K subscribers.

Vova Feldman · Freemius

Published November 11, 2025
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What you’ll learn

Vova Feldman, founder and CEO of Freemius, explains how he built the bootstrapped, profitable revenue-share platform for software makers, from a year to land the first customer to a pricing move from 30% to a 4.7% base rate. He also describes how promoting YouTube videos grew the channel from about 5K to over 100K subscribers in thirty days.

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A year to the first customer

“So it took about a year to get that first customer.”

Fee drops after $5,000 lifetime

“after you cross $5,000 in sales in lifetime, not monthly or something like that, it's 7%.”

Promotion drives subscriber jump

“we managed to grow our subscribers from five ks to over 100 ks in thirty days.”

Cost of a webinar promo video

“I think it was around $300 something like that.”

Why every video gets promoted

“$50 isn't neglectable and you're getting like 10x better results by promoting it.”

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About the speaker

Vova Feldman

Founder & CEO · Freemius