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Amit Shanbhag

๐Ÿ‘ค Speaker
228 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
EP: 465: 120,000 Customers, About $200k MRR, $10M 2017 ARR Goal with RocketReach.co CEO Amit Shanbhag

Sounds good.

SaaS Interviews with CEOs, Startups, Founders
EP: 465: 120,000 Customers, About $200k MRR, $10M 2017 ARR Goal with RocketReach.co CEO Amit Shanbhag

Yeah, a little blurb about Rockreach.

SaaS Interviews with CEOs, Startups, Founders
EP: 465: 120,000 Customers, About $200k MRR, $10M 2017 ARR Goal with RocketReach.co CEO Amit Shanbhag

Rockreach.co is a sales enablement tool that allows you to look up email, phone, social links for over 250 million professionals worldwide.

SaaS Interviews with CEOs, Startups, Founders
EP: 465: 120,000 Customers, About $200k MRR, $10M 2017 ARR Goal with RocketReach.co CEO Amit Shanbhag

As you mentioned, we have more than 120,000 customers as of this morning.

SaaS Interviews with CEOs, Startups, Founders
EP: 465: 120,000 Customers, About $200k MRR, $10M 2017 ARR Goal with RocketReach.co CEO Amit Shanbhag

So the company started in almost less than a year ago.

SaaS Interviews with CEOs, Startups, Founders
EP: 465: 120,000 Customers, About $200k MRR, $10M 2017 ARR Goal with RocketReach.co CEO Amit Shanbhag

So November of 2015.

SaaS Interviews with CEOs, Startups, Founders
EP: 465: 120,000 Customers, About $200k MRR, $10M 2017 ARR Goal with RocketReach.co CEO Amit Shanbhag

Right.

SaaS Interviews with CEOs, Startups, Founders
EP: 465: 120,000 Customers, About $200k MRR, $10M 2017 ARR Goal with RocketReach.co CEO Amit Shanbhag

So me and my co-founder, Andrew, used to work for a small company called Showcase, which was a SaaS, loosely speaking, a SaaS business.

SaaS Interviews with CEOs, Startups, Founders
EP: 465: 120,000 Customers, About $200k MRR, $10M 2017 ARR Goal with RocketReach.co CEO Amit Shanbhag

And we were trying to work on user acquisition.

SaaS Interviews with CEOs, Startups, Founders
EP: 465: 120,000 Customers, About $200k MRR, $10M 2017 ARR Goal with RocketReach.co CEO Amit Shanbhag

One of the things that we tried was to get our prospects from data.com, which is owned by Salesforce.

SaaS Interviews with CEOs, Startups, Founders
EP: 465: 120,000 Customers, About $200k MRR, $10M 2017 ARR Goal with RocketReach.co CEO Amit Shanbhag

And we quickly realized that the data is 85% inaccurate.

SaaS Interviews with CEOs, Startups, Founders
EP: 465: 120,000 Customers, About $200k MRR, $10M 2017 ARR Goal with RocketReach.co CEO Amit Shanbhag

And we tried a bunch of tools and we were very frustrated.

SaaS Interviews with CEOs, Startups, Founders
EP: 465: 120,000 Customers, About $200k MRR, $10M 2017 ARR Goal with RocketReach.co CEO Amit Shanbhag

Um, so we tried a, there was a European company that I can't remember.

SaaS Interviews with CEOs, Startups, Founders
EP: 465: 120,000 Customers, About $200k MRR, $10M 2017 ARR Goal with RocketReach.co CEO Amit Shanbhag

We tried, I think, uh, full contact and some of the other ones.

SaaS Interviews with CEOs, Startups, Founders
EP: 465: 120,000 Customers, About $200k MRR, $10M 2017 ARR Goal with RocketReach.co CEO Amit Shanbhag

Uh, we, no, we used not X verify, but, um, we used Hoover's a bunch of like list generation, um, companies.

SaaS Interviews with CEOs, Startups, Founders
EP: 465: 120,000 Customers, About $200k MRR, $10M 2017 ARR Goal with RocketReach.co CEO Amit Shanbhag

Yeah.

SaaS Interviews with CEOs, Startups, Founders
EP: 465: 120,000 Customers, About $200k MRR, $10M 2017 ARR Goal with RocketReach.co CEO Amit Shanbhag

But the data was mostly inaccurate.

SaaS Interviews with CEOs, Startups, Founders
EP: 465: 120,000 Customers, About $200k MRR, $10M 2017 ARR Goal with RocketReach.co CEO Amit Shanbhag

And the problem with that is that if you're trying to reach like a specific set of people, if you are, you know, if you're trying to reach a VP, for instance, and you email like five of his directors, um,

SaaS Interviews with CEOs, Startups, Founders
EP: 465: 120,000 Customers, About $200k MRR, $10M 2017 ARR Goal with RocketReach.co CEO Amit Shanbhag

half of their emails are wrong, then you're not going to, you know, most likely you're not going to close that deal.

SaaS Interviews with CEOs, Startups, Founders
EP: 465: 120,000 Customers, About $200k MRR, $10M 2017 ARR Goal with RocketReach.co CEO Amit Shanbhag

Right.

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