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Andrew Yates

๐Ÿ‘ค Speaker
153 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
675: Would you acquire Mattermark? Artesian $700k MRR, $40M Raised w/ CEO Andrew Yates

How do you keep that engagement moving?

SaaS Interviews with CEOs, Startups, Founders
675: Would you acquire Mattermark? Artesian $700k MRR, $40M Raised w/ CEO Andrew Yates

We're different because we use machine-based learning to find the smarts rather than a team of researchers, which means our service is ultimately scalable.

SaaS Interviews with CEOs, Startups, Founders
675: Would you acquire Mattermark? Artesian $700k MRR, $40M Raised w/ CEO Andrew Yates

And we also invite the user to define their own sales triggers, which is the ideal customer engagement point for them.

SaaS Interviews with CEOs, Startups, Founders
675: Would you acquire Mattermark? Artesian $700k MRR, $40M Raised w/ CEO Andrew Yates

And literally every single instance of Artesian that's been deployed is unique to each subscribing customer and personalized to each individual user.

SaaS Interviews with CEOs, Startups, Founders
675: Would you acquire Mattermark? Artesian $700k MRR, $40M Raised w/ CEO Andrew Yates

So we're able to, you know, really provide that kind of Savile Row, to use an English example, that Savile Row tailored suit, rather than the kind of, you know, Hugo Boss off-the-shelf type number.

SaaS Interviews with CEOs, Startups, Founders
675: Would you acquire Mattermark? Artesian $700k MRR, $40M Raised w/ CEO Andrew Yates

Nothing wrong with Hugo Boss, but you can't beat that main suit from Savile Row, can you?

SaaS Interviews with CEOs, Startups, Founders
675: Would you acquire Mattermark? Artesian $700k MRR, $40M Raised w/ CEO Andrew Yates

I think, I don't know about Madam Mark, I can't comment, but I think that a market consolidation exercise is inevitable.

SaaS Interviews with CEOs, Startups, Founders
675: Would you acquire Mattermark? Artesian $700k MRR, $40M Raised w/ CEO Andrew Yates

If you look at the recent acquisition of Avention by Dun & Bradstreet, I think that's going to create a little bit of a ripple effect.

SaaS Interviews with CEOs, Startups, Founders
675: Would you acquire Mattermark? Artesian $700k MRR, $40M Raised w/ CEO Andrew Yates

If most of the platform players aren't thinking about this as a strategic element of their go-forward strategy and their growth strategy, then they're not thinking about the right things, in my opinion.

SaaS Interviews with CEOs, Startups, Founders
675: Would you acquire Mattermark? Artesian $700k MRR, $40M Raised w/ CEO Andrew Yates

So I see a scenario where companies could join forces to give them broader reach, greater depth, and a better all-round customer experience, and obviously deliver better shareholder value over time.

SaaS Interviews with CEOs, Startups, Founders
675: Would you acquire Mattermark? Artesian $700k MRR, $40M Raised w/ CEO Andrew Yates

No, I mean, you know, I'm a man with many hats.

SaaS Interviews with CEOs, Startups, Founders
675: Would you acquire Mattermark? Artesian $700k MRR, $40M Raised w/ CEO Andrew Yates

So the only person that focuses on that or dedicates any percentage of their time is myself.

SaaS Interviews with CEOs, Startups, Founders
675: Would you acquire Mattermark? Artesian $700k MRR, $40M Raised w/ CEO Andrew Yates

And, you know, I think it's really, really important to spend time speaking to other companies that are active in the same space.

SaaS Interviews with CEOs, Startups, Founders
675: Would you acquire Mattermark? Artesian $700k MRR, $40M Raised w/ CEO Andrew Yates

Quite often when you get together and you have a conversation face to face.

SaaS Interviews with CEOs, Startups, Founders
675: Would you acquire Mattermark? Artesian $700k MRR, $40M Raised w/ CEO Andrew Yates

You realize that you're trying to achieve different things in different ways.

SaaS Interviews with CEOs, Startups, Founders
675: Would you acquire Mattermark? Artesian $700k MRR, $40M Raised w/ CEO Andrew Yates

Although the words sound very similar in terms of the marketing messages, the companies can be quite different and quite complementary.

SaaS Interviews with CEOs, Startups, Founders
675: Would you acquire Mattermark? Artesian $700k MRR, $40M Raised w/ CEO Andrew Yates

There was some money that came before the 8 million.

SaaS Interviews with CEOs, Startups, Founders
675: Would you acquire Mattermark? Artesian $700k MRR, $40M Raised w/ CEO Andrew Yates

There was a couple of million more and there was also some debt equity.

SaaS Interviews with CEOs, Startups, Founders
675: Would you acquire Mattermark? Artesian $700k MRR, $40M Raised w/ CEO Andrew Yates

So we're sitting at around about $14 million, about 12 million pounds.

SaaS Interviews with CEOs, Startups, Founders
675: Would you acquire Mattermark? Artesian $700k MRR, $40M Raised w/ CEO Andrew Yates

So we are in a position where we've got adequate cash resources to keep going without any more investment for the next two years.