Alex Raymond
๐ค SpeakerAppearances Over Time
Podcast Appearances
For example.
manufacturing, chemicals, services, this kind of thing, as opposed to just pure tech.
And the reason is I'm in a more mature market.
If I'm a chemical company or a service provider or something like that, I'm in a more mature market.
The market's more concentrated.
Therefore, every extra point of market share that I win
really impacts my revenue and my bottom line.
And often, a lot of times you've got people who are doing multi-sourcing, right?
So one of our clients, for example, is a chemical company.
Their customers buy from two or three different vendors.
So they're saying to us, look, if we can go from 33% to 40% for these customer sets, that represents umpteen millions of dollars.
We have primarily bootstrapped.
We raised about a million and a half bucks three years ago.
The investors in that round were tech stars and access venture partners and rally ventures.
Yeah, we did.
I mean, look, it was a conversation, right?
Hey, you guys were interested in business.
Number one, we think there's an opportunity in business.
Number two, there was a conversation to make sure that everyone was on board with that vision.
It took some time.