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Bart Lorang

๐Ÿ‘ค Speaker
125 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
EP 513: $50M Raised, Helping 50k Customers Get Accurate Contact Data with FullContact CEO Bart Lorang

We looked and said, we want to be the world's global contact management platform and looked at the data set we'd have to acquire and build.

SaaS Interviews with CEOs, Startups, Founders
EP 513: $50M Raised, Helping 50k Customers Get Accurate Contact Data with FullContact CEO Bart Lorang

And we looked at the technology we have to build.

SaaS Interviews with CEOs, Startups, Founders
EP 513: $50M Raised, Helping 50k Customers Get Accurate Contact Data with FullContact CEO Bart Lorang

And we said, yeah, it really doesn't.

SaaS Interviews with CEOs, Startups, Founders
EP 513: $50M Raised, Helping 50k Customers Get Accurate Contact Data with FullContact CEO Bart Lorang

And we looked at the competitive landscape where we actually have to compete with all the generic offerings, right?

SaaS Interviews with CEOs, Startups, Founders
EP 513: $50M Raised, Helping 50k Customers Get Accurate Contact Data with FullContact CEO Bart Lorang

Everything that Apple or Microsoft does.

SaaS Interviews with CEOs, Startups, Founders
EP 513: $50M Raised, Helping 50k Customers Get Accurate Contact Data with FullContact CEO Bart Lorang

or Google come up with, and we said, look, this is going to take a lot of capital to get there to where we even have a viable product.

SaaS Interviews with CEOs, Startups, Founders
EP 513: $50M Raised, Helping 50k Customers Get Accurate Contact Data with FullContact CEO Bart Lorang

So you sort of just have to say, you know, when will customers pay for it and how fast do you want to go and do some financial sensitivity analysis.

SaaS Interviews with CEOs, Startups, Founders
EP 513: $50M Raised, Helping 50k Customers Get Accurate Contact Data with FullContact CEO Bart Lorang

But there's no one size fits all.

SaaS Interviews with CEOs, Startups, Founders
EP 513: $50M Raised, Helping 50k Customers Get Accurate Contact Data with FullContact CEO Bart Lorang

And also, what kind of lifestyle do you want?

SaaS Interviews with CEOs, Startups, Founders
EP 513: $50M Raised, Helping 50k Customers Get Accurate Contact Data with FullContact CEO Bart Lorang

Do you want to be in the double or triple your size of your company every year?

SaaS Interviews with CEOs, Startups, Founders
EP 513: $50M Raised, Helping 50k Customers Get Accurate Contact Data with FullContact CEO Bart Lorang

Because it's incredibly stressful.

SaaS Interviews with CEOs, Startups, Founders
EP 513: $50M Raised, Helping 50k Customers Get Accurate Contact Data with FullContact CEO Bart Lorang

Oh, we've got, uh, we've got millions and millions of customers.

SaaS Interviews with CEOs, Startups, Founders
EP 513: $50M Raised, Helping 50k Customers Get Accurate Contact Data with FullContact CEO Bart Lorang

Um, and then, you know, a lot of them are free customers, but, uh,

SaaS Interviews with CEOs, Startups, Founders
EP 513: $50M Raised, Helping 50k Customers Get Accurate Contact Data with FullContact CEO Bart Lorang

So we've got tens and tens of thousands of paying customers.

SaaS Interviews with CEOs, Startups, Founders
EP 513: $50M Raised, Helping 50k Customers Get Accurate Contact Data with FullContact CEO Bart Lorang

Above 50,000 customers.

SaaS Interviews with CEOs, Startups, Founders
EP 513: $50M Raised, Helping 50k Customers Get Accurate Contact Data with FullContact CEO Bart Lorang

Yeah.

SaaS Interviews with CEOs, Startups, Founders
EP 513: $50M Raised, Helping 50k Customers Get Accurate Contact Data with FullContact CEO Bart Lorang

So what's included free plan is you can connect to one of your address books.

SaaS Interviews with CEOs, Startups, Founders
EP 513: $50M Raised, Helping 50k Customers Get Accurate Contact Data with FullContact CEO Bart Lorang

So one of iCloud or exchange or Google, uh, you get, you know, five business cards a month, you get a thousand contacts to storage.

SaaS Interviews with CEOs, Startups, Founders
EP 513: $50M Raised, Helping 50k Customers Get Accurate Contact Data with FullContact CEO Bart Lorang

You get some basic capability, but the premium plan actually offers you much more in terms of connecting up to five address books, gets you 50 business cards a month, gets you email signature extraction, unifies your contacts continuously, has a lot more capable features for professionals.

SaaS Interviews with CEOs, Startups, Founders
EP 513: $50M Raised, Helping 50k Customers Get Accurate Contact Data with FullContact CEO Bart Lorang

Oh, that's a great question.