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Alex Saidani

๐Ÿ‘ค Speaker
114 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
EP 503: $125k for 5%, How To Grow Into $2m+ Valuation with InDemand CEO Alex Saidani

Top line or gross?

SaaS Interviews with CEOs, Startups, Founders
EP 503: $125k for 5%, How To Grow Into $2m+ Valuation with InDemand CEO Alex Saidani

Gross.

SaaS Interviews with CEOs, Startups, Founders
EP 503: $125k for 5%, How To Grow Into $2m+ Valuation with InDemand CEO Alex Saidani

So, yeah, for example, I guess right now it would be sort of a local grocery store.

SaaS Interviews with CEOs, Startups, Founders
EP 503: $125k for 5%, How To Grow Into $2m+ Valuation with InDemand CEO Alex Saidani

So we're talking with a grocery store in San Francisco called Real Foods Company.

SaaS Interviews with CEOs, Startups, Founders
EP 503: $125k for 5%, How To Grow Into $2m+ Valuation with InDemand CEO Alex Saidani

They've got two locations.

SaaS Interviews with CEOs, Startups, Founders
EP 503: $125k for 5%, How To Grow Into $2m+ Valuation with InDemand CEO Alex Saidani

They don't really have an online presence.

SaaS Interviews with CEOs, Startups, Founders
EP 503: $125k for 5%, How To Grow Into $2m+ Valuation with InDemand CEO Alex Saidani

You know, they're not really selling through Instacart.

SaaS Interviews with CEOs, Startups, Founders
EP 503: $125k for 5%, How To Grow Into $2m+ Valuation with InDemand CEO Alex Saidani

And we kind of go in and we'll give them the software to actually be able to sell to the customers online and actually gain customers.

SaaS Interviews with CEOs, Startups, Founders
EP 503: $125k for 5%, How To Grow Into $2m+ Valuation with InDemand CEO Alex Saidani

I guess the new customers who have sort of got this modern approach, you know, they're looking to actually order on the go.

SaaS Interviews with CEOs, Startups, Founders
EP 503: $125k for 5%, How To Grow Into $2m+ Valuation with InDemand CEO Alex Saidani

They're not necessarily willing to go into the store and they're happy to pay a little bit extra just to get it delivered to them.

SaaS Interviews with CEOs, Startups, Founders
EP 503: $125k for 5%, How To Grow Into $2m+ Valuation with InDemand CEO Alex Saidani

We're working with, we've got about 150 companies using the software.

SaaS Interviews with CEOs, Startups, Founders
EP 503: $125k for 5%, How To Grow Into $2m+ Valuation with InDemand CEO Alex Saidani

About 25 of them are active.

SaaS Interviews with CEOs, Startups, Founders
EP 503: $125k for 5%, How To Grow Into $2m+ Valuation with InDemand CEO Alex Saidani

So they're processing orders on a sort of day-to-day basis.

SaaS Interviews with CEOs, Startups, Founders
EP 503: $125k for 5%, How To Grow Into $2m+ Valuation with InDemand CEO Alex Saidani

So the other ones, I guess, are actually startups.

SaaS Interviews with CEOs, Startups, Founders
EP 503: $125k for 5%, How To Grow Into $2m+ Valuation with InDemand CEO Alex Saidani

So they are definitely paying, but they kind of came in to use our product as an MVP because, yeah, our product was very different a few months back.

SaaS Interviews with CEOs, Startups, Founders
EP 503: $125k for 5%, How To Grow Into $2m+ Valuation with InDemand CEO Alex Saidani

It was sort of an on-demand platform for any company, whether it was a service, whether it was a retailer, for us to be able to sell on demand.

SaaS Interviews with CEOs, Startups, Founders
EP 503: $125k for 5%, How To Grow Into $2m+ Valuation with InDemand CEO Alex Saidani

I guess why we got a lot of startups coming in to use the software, it just wasn't working out for us.

SaaS Interviews with CEOs, Startups, Founders
EP 503: $125k for 5%, How To Grow Into $2m+ Valuation with InDemand CEO Alex Saidani

So we had a big shift, but obviously we still- So you increased ARPU.

SaaS Interviews with CEOs, Startups, Founders
EP 503: $125k for 5%, How To Grow Into $2m+ Valuation with InDemand CEO Alex Saidani

Yeah, exactly.

SaaS Interviews with CEOs, Startups, Founders
EP 503: $125k for 5%, How To Grow Into $2m+ Valuation with InDemand CEO Alex Saidani

Per user per month is about $250.