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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

Got it.

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

Those are the ones that go off to enterprises.

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 yeah, there's tons of 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

So I can understand that VCs are reluctant to sort of invest in these companies unless there's significant traction.

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

Sure.

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

It's a SaaS business, so people pay us a simple monthly subscription.

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

There's three levels.

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

There's $49, $99, and $299.

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 mostly salespeople and recruiters are our biggest user base.

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 they'll pay us to look up contact information for the sales prospects or for any people that they're trying to hire.

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 they pay us somewhere between $49 to $299 a month.

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

Average is somewhere, it's around the $70 mark.

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

Okay, that's pretty healthy.

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, it's pretty healthy.

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, you know, we have a, our highest actually is our middle level.

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 highest, most of the users are in our middle plan, the solo plan.

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

Got it.

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, so I want, you know, some of this is... Share what you can.

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

No, so we have 120,000 customers, but then there are a lot of teams that have team deals.