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Chris Hall

๐Ÿ‘ค Speaker
See mentions of this person in podcasts
394 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
939 How he Bootstrapped To $15m in ARR Before $20m Round from IVP

Well, we're a SaaS company, software as a service, and we are solving the problem that the marketing departments are experiencing.

SaaS Interviews with CEOs, Startups, Founders
939 How he Bootstrapped To $15m in ARR Before $20m Round from IVP

They can't find their files.

SaaS Interviews with CEOs, Startups, Founders
939 How he Bootstrapped To $15m in ARR Before $20m Round from IVP

So we're basically...

SaaS Interviews with CEOs, Startups, Founders
939 How he Bootstrapped To $15m in ARR Before $20m Round from IVP

Solving the age old problem of going through sub folders and searching everywhere on your local drives and network drives to find imagery or logos or the right version of the right file.

SaaS Interviews with CEOs, Startups, Founders
939 How he Bootstrapped To $15m in ARR Before $20m Round from IVP

And sales, I mean, they always use the old version of the keynote.

SaaS Interviews with CEOs, Startups, Founders
939 How he Bootstrapped To $15m in ARR Before $20m Round from IVP

And so there's always sort of this, this, these, all these old documents, old versions of that flying around.

SaaS Interviews with CEOs, Startups, Founders
939 How he Bootstrapped To $15m in ARR Before $20m Round from IVP

So that's sort of the problem we're trying to solve.

SaaS Interviews with CEOs, Startups, Founders
939 How he Bootstrapped To $15m in ARR Before $20m Round from IVP

Well, our enterprise customers is, I think it's about $5,500 a month now.

SaaS Interviews with CEOs, Startups, Founders
939 How he Bootstrapped To $15m in ARR Before $20m Round from IVP

And our ASP is $2,400, something around that.

SaaS Interviews with CEOs, Startups, Founders
939 How he Bootstrapped To $15m in ARR Before $20m Round from IVP

$24,000, sorry.

SaaS Interviews with CEOs, Startups, Founders
939 How he Bootstrapped To $15m in ARR Before $20m Round from IVP

Yeah.

SaaS Interviews with CEOs, Startups, Founders
939 How he Bootstrapped To $15m in ARR Before $20m Round from IVP

Yeah.

SaaS Interviews with CEOs, Startups, Founders
939 How he Bootstrapped To $15m in ARR Before $20m Round from IVP

That's on the enterprise average, uh, average price.

SaaS Interviews with CEOs, Startups, Founders
939 How he Bootstrapped To $15m in ARR Before $20m Round from IVP

And then, um, our overall typical deal size is, uh, it's 24, 25 K. Got it.

SaaS Interviews with CEOs, Startups, Founders
939 How he Bootstrapped To $15m in ARR Before $20m Round from IVP

Well, we recently launched a freemium model that is, we're kind of rethinking that whole step because that is the tough part, right?

SaaS Interviews with CEOs, Startups, Founders
939 How he Bootstrapped To $15m in ARR Before $20m Round from IVP

We used to be seat based with a model, module pricing.

SaaS Interviews with CEOs, Startups, Founders
939 How he Bootstrapped To $15m in ARR Before $20m Round from IVP

Basically for the enterprise, the more modules they buy, the more they're paying on a fixed rate.

SaaS Interviews with CEOs, Startups, Founders
939 How he Bootstrapped To $15m in ARR Before $20m Round from IVP

And then on top of that, there's a seat-based price.

SaaS Interviews with CEOs, Startups, Founders
939 How he Bootstrapped To $15m in ARR Before $20m Round from IVP

But it's difficult to do that.

SaaS Interviews with CEOs, Startups, Founders
939 How he Bootstrapped To $15m in ARR Before $20m Round from IVP

And so we're sort of moving into usage-based pricing.