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Ben Kartzman

๐Ÿ‘ค Speaker
147 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
818: AdTech: Spongecell Passes $13m+ ARR, Lets Old Customers Go, $26m Raised

$10 million impressions a month, and that's going to cover us for what we need to do.

SaaS Interviews with CEOs, Startups, Founders
818: AdTech: Spongecell Passes $13m+ ARR, Lets Old Customers Go, $26m Raised

Okay, we're good with SpongeSell.

SaaS Interviews with CEOs, Startups, Founders
818: AdTech: Spongecell Passes $13m+ ARR, Lets Old Customers Go, $26m Raised

We can make all of our creative decisioning work, and then we can still go take the $300,000 or whatever we're planning to spend on media and go buy it.

SaaS Interviews with CEOs, Startups, Founders
818: AdTech: Spongecell Passes $13m+ ARR, Lets Old Customers Go, $26m Raised

Again, we could go to one website and buy it directly, or we could go through a DSP and buy it programmatically.

SaaS Interviews with CEOs, Startups, Founders
818: AdTech: Spongecell Passes $13m+ ARR, Lets Old Customers Go, $26m Raised

Yeah, so it's a good question.

SaaS Interviews with CEOs, Startups, Founders
818: AdTech: Spongecell Passes $13m+ ARR, Lets Old Customers Go, $26m Raised

We actually kind of hybrid it together.

SaaS Interviews with CEOs, Startups, Founders
818: AdTech: Spongecell Passes $13m+ ARR, Lets Old Customers Go, $26m Raised

So there will be like a base amount and then overage usage based on how people are using it.

SaaS Interviews with CEOs, Startups, Founders
818: AdTech: Spongecell Passes $13m+ ARR, Lets Old Customers Go, $26m Raised

Yeah, so we launched the company originally in 2006, raised our first couple million bucks.

SaaS Interviews with CEOs, Startups, Founders
818: AdTech: Spongecell Passes $13m+ ARR, Lets Old Customers Go, $26m Raised

Back then, the first product, believe it or not, was an online calendar.

SaaS Interviews with CEOs, Startups, Founders
818: AdTech: Spongecell Passes $13m+ ARR, Lets Old Customers Go, $26m Raised

This is before Google Calendar existed.

SaaS Interviews with CEOs, Startups, Founders
818: AdTech: Spongecell Passes $13m+ ARR, Lets Old Customers Go, $26m Raised

But that was really just a project that wasn't a real product per se.

SaaS Interviews with CEOs, Startups, Founders
818: AdTech: Spongecell Passes $13m+ ARR, Lets Old Customers Go, $26m Raised

And we pivoted it into, and we raised the capital into a content management platform for events.

SaaS Interviews with CEOs, Startups, Founders
818: AdTech: Spongecell Passes $13m+ ARR, Lets Old Customers Go, $26m Raised

So if you were a brand, you were doing a movie release or you're doing a new store opening or

SaaS Interviews with CEOs, Startups, Founders
818: AdTech: Spongecell Passes $13m+ ARR, Lets Old Customers Go, $26m Raised

We had a bunch of marketing software to allow them to do that.

SaaS Interviews with CEOs, Startups, Founders
818: AdTech: Spongecell Passes $13m+ ARR, Lets Old Customers Go, $26m Raised

We ran that from 06 through 08.

SaaS Interviews with CEOs, Startups, Founders
818: AdTech: Spongecell Passes $13m+ ARR, Lets Old Customers Go, $26m Raised

And then in 09, we saw this opportunity to build at that time a rich media creative platform for programmatic.

SaaS Interviews with CEOs, Startups, Founders
818: AdTech: Spongecell Passes $13m+ ARR, Lets Old Customers Go, $26m Raised

So it was early days of programmatic media.

SaaS Interviews with CEOs, Startups, Founders
818: AdTech: Spongecell Passes $13m+ ARR, Lets Old Customers Go, $26m Raised

Sure.

SaaS Interviews with CEOs, Startups, Founders
818: AdTech: Spongecell Passes $13m+ ARR, Lets Old Customers Go, $26m Raised

So programmatic media is the buying and selling of advertising through technology.

SaaS Interviews with CEOs, Startups, Founders
818: AdTech: Spongecell Passes $13m+ ARR, Lets Old Customers Go, $26m Raised

Yeah, so the really nice thing about moving into this dynamic creative product, which we really have gotten sort of full bore into probably in 2014, really in 2015, has put us in a nice position.