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Brett Hurt

๐Ÿ‘ค Speaker
256 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
How Investors Bought 50% of Data.World with 2.1m free users, accounts at 31k paid seats

And Bizarre Voice is over a billion-dollar IPO and one of the top five IPOs of 2012.

SaaS Interviews with CEOs, Startups, Founders
How Investors Bought 50% of Data.World with 2.1m free users, accounts at 31k paid seats

So it was good liquidity from Coremetrics, but then Bizarre Voice was really the entrepreneurial dream come true.

SaaS Interviews with CEOs, Startups, Founders
How Investors Bought 50% of Data.World with 2.1m free users, accounts at 31k paid seats

I think it was around 30 million ARR at that point.

SaaS Interviews with CEOs, Startups, Founders
How Investors Bought 50% of Data.World with 2.1m free users, accounts at 31k paid seats

Yeah, actually, I left with Brant Barden, who became my co-founder.

SaaS Interviews with CEOs, Startups, Founders
How Investors Bought 50% of Data.World with 2.1m free users, accounts at 31k paid seats

And it was a little bit of an awkward scenario because Brant approached me at Coremetrics and said, hey, I'm going to go start another company at some point, and I'm wondering if you'd be on my board of directors.

SaaS Interviews with CEOs, Startups, Founders
How Investors Bought 50% of Data.World with 2.1m free users, accounts at 31k paid seats

And Brant was absolutely amazing on our client services team.

SaaS Interviews with CEOs, Startups, Founders
How Investors Bought 50% of Data.World with 2.1m free users, accounts at 31k paid seats

He led really

SaaS Interviews with CEOs, Startups, Founders
How Investors Bought 50% of Data.World with 2.1m free users, accounts at 31k paid seats

One of the most difficult parts of the SaaS model, which is to make sure that you're doing a great job of servicing your customers.

SaaS Interviews with CEOs, Startups, Founders
How Investors Bought 50% of Data.World with 2.1m free users, accounts at 31k paid seats

I always say you have to constantly be re-earning their trust as a SaaS company because it's a recurring revenue business.

SaaS Interviews with CEOs, Startups, Founders
How Investors Bought 50% of Data.World with 2.1m free users, accounts at 31k paid seats

So you've got to stress that last S software as a service and really make sure you're providing great service.

SaaS Interviews with CEOs, Startups, Founders
How Investors Bought 50% of Data.World with 2.1m free users, accounts at 31k paid seats

So anyways, I was fascinated with how

SaaS Interviews with CEOs, Startups, Founders
How Investors Bought 50% of Data.World with 2.1m free users, accounts at 31k paid seats

um great brant was at his job and when he first said this to me i thought well gee i don't want to lose him but then i thought i'm a real hypocrite if i don't meet with him about this and then when i met with him he said hey would you like to brainstorm with me too i could really use a brainstorming partner and we brainstormed and we came up with bizarre voice

SaaS Interviews with CEOs, Startups, Founders
How Investors Bought 50% of Data.World with 2.1m free users, accounts at 31k paid seats

And then I realized or I really felt deep in my bones that the market timing for that was so compelling and that it was such a big vision and it could be a bigger company than Coremetrics that I thought to myself, I've got to do this.

SaaS Interviews with CEOs, Startups, Founders
How Investors Bought 50% of Data.World with 2.1m free users, accounts at 31k paid seats

But trust me, I would not have left Coremetrics had it not been in a good state.

SaaS Interviews with CEOs, Startups, Founders
How Investors Bought 50% of Data.World with 2.1m free users, accounts at 31k paid seats

And the reason I say that is Coremetrics had gone through a lot of trauma.

SaaS Interviews with CEOs, Startups, Founders
How Investors Bought 50% of Data.World with 2.1m free users, accounts at 31k paid seats

We launched in 1999.

SaaS Interviews with CEOs, Startups, Founders
How Investors Bought 50% of Data.World with 2.1m free users, accounts at 31k paid seats

You know what happened next.

SaaS Interviews with CEOs, Startups, Founders
How Investors Bought 50% of Data.World with 2.1m free users, accounts at 31k paid seats

We had 100 dot-com customers.

SaaS Interviews with CEOs, Startups, Founders
How Investors Bought 50% of Data.World with 2.1m free users, accounts at 31k paid seats

We were ringing the bell all the time, winning new customers.

SaaS Interviews with CEOs, Startups, Founders
How Investors Bought 50% of Data.World with 2.1m free users, accounts at 31k paid seats

And 97 of our customers went out of business in the dot-com crash.