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Adam Schoenfeld

๐Ÿ‘ค Speaker
235 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
1202 He Raised $20m+ in First Company, Now Bootstrapping in B2B Sales Tech Space, $1m in ARR

So folks like Avalara, LogMeIn, Procore, Glassdoor, you know, people that have a pretty big database.

SaaS Interviews with CEOs, Startups, Founders
1202 He Raised $20m+ in First Company, Now Bootstrapping in B2B Sales Tech Space, $1m in ARR

They're nurturing those leads.

SaaS Interviews with CEOs, Startups, Founders
1202 He Raised $20m+ in First Company, Now Bootstrapping in B2B Sales Tech Space, $1m in ARR

They're emailing their customers.

SaaS Interviews with CEOs, Startups, Founders
1202 He Raised $20m+ in First Company, Now Bootstrapping in B2B Sales Tech Space, $1m in ARR

They use Marketo, Eloqua, HubSpot, or Cardot.

SaaS Interviews with CEOs, Startups, Founders
1202 He Raised $20m+ in First Company, Now Bootstrapping in B2B Sales Tech Space, $1m in ARR

Those are the platforms we primarily integrate with.

SaaS Interviews with CEOs, Startups, Founders
1202 He Raised $20m+ in First Company, Now Bootstrapping in B2B Sales Tech Space, $1m in ARR

Mm-hmm.

SaaS Interviews with CEOs, Startups, Founders
1202 He Raised $20m+ in First Company, Now Bootstrapping in B2B Sales Tech Space, $1m in ARR

Yeah, we just added the second axis of features.

SaaS Interviews with CEOs, Startups, Founders
1202 He Raised $20m+ in First Company, Now Bootstrapping in B2B Sales Tech Space, $1m in ARR

So we have two feature SKUs and then we have volume, basically volume of replies that we process, which is a function of how much email they send.

SaaS Interviews with CEOs, Startups, Founders
1202 He Raised $20m+ in First Company, Now Bootstrapping in B2B Sales Tech Space, $1m in ARR

So those are the two variables.

SaaS Interviews with CEOs, Startups, Founders
1202 He Raised $20m+ in First Company, Now Bootstrapping in B2B Sales Tech Space, $1m in ARR

Probably for upsell, it's the features because we can't change their volume.

SaaS Interviews with CEOs, Startups, Founders
1202 He Raised $20m+ in First Company, Now Bootstrapping in B2B Sales Tech Space, $1m in ARR

You know what I mean?

SaaS Interviews with CEOs, Startups, Founders
1202 He Raised $20m+ in First Company, Now Bootstrapping in B2B Sales Tech Space, $1m in ARR

So we have no ability to affect that where we can kind of inspire them to try something new on the feature axis.

SaaS Interviews with CEOs, Startups, Founders
1202 He Raised $20m+ in First Company, Now Bootstrapping in B2B Sales Tech Space, $1m in ARR

And so that's where a lot of our product development is to enhance our second feature SKU and add a third.

SaaS Interviews with CEOs, Startups, Founders
1202 He Raised $20m+ in First Company, Now Bootstrapping in B2B Sales Tech Space, $1m in ARR

The volume, it's just do you send or do you not?

SaaS Interviews with CEOs, Startups, Founders
1202 He Raised $20m+ in First Company, Now Bootstrapping in B2B Sales Tech Space, $1m in ARR

I mean, they can expose us to more business units and regions to get more volume.

SaaS Interviews with CEOs, Startups, Founders
1202 He Raised $20m+ in First Company, Now Bootstrapping in B2B Sales Tech Space, $1m in ARR

But pretty much at the start of the contract, we know how much volume they're going to generate.

SaaS Interviews with CEOs, Startups, Founders
1202 He Raised $20m+ in First Company, Now Bootstrapping in B2B Sales Tech Space, $1m in ARR

We're at about 140 customers.

SaaS Interviews with CEOs, Startups, Founders
1202 He Raised $20m+ in First Company, Now Bootstrapping in B2B Sales Tech Space, $1m in ARR

Yeah, no, I'm super proud of it.

SaaS Interviews with CEOs, Startups, Founders
1202 He Raised $20m+ in First Company, Now Bootstrapping in B2B Sales Tech Space, $1m in ARR

I mean, a six employee, we just hired our sixth employee.

SaaS Interviews with CEOs, Startups, Founders
1202 He Raised $20m+ in First Company, Now Bootstrapping in B2B Sales Tech Space, $1m in ARR

So, you know, functionally a five employee company reaching a million of ARR on zero capital, I think it's a cool milestone.