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Chris Savage

๐Ÿ‘ค Speaker
809 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
1757 How Wistia Hit $18m Revenues, Used $17m Debt from ACCEL KKR To Buy Out $1.4m Seed Investors With Tender Offer

If it's been done some way before, I thought that way was stupid.

SaaS Interviews with CEOs, Startups, Founders
1757 How Wistia Hit $18m Revenues, Used $17m Debt from ACCEL KKR To Buy Out $1.4m Seed Investors With Tender Offer

And Chris, you were wrong.

SaaS Interviews with CEOs, Startups, Founders
1757 How Wistia Hit $18m Revenues, Used $17m Debt from ACCEL KKR To Buy Out $1.4m Seed Investors With Tender Offer

There's a bunch of the things that are just the same in building a business.

SaaS Interviews with CEOs, Startups, Founders
1757 How Wistia Hit $18m Revenues, Used $17m Debt from ACCEL KKR To Buy Out $1.4m Seed Investors With Tender Offer

You should have been more open to that and it would have not caused you as much pain.

SaaS Interviews with CEOs, Startups, Founders
848: SaaS: Wistia Video King? $10m+ ARR, 10k+ Customers on Just $1m Raised!

Let's do it.

SaaS Interviews with CEOs, Startups, Founders
848: SaaS: Wistia Video King? $10m+ ARR, 10k+ Customers on Just $1m Raised!

Yeah, so it's a subscription model, really simple.

SaaS Interviews with CEOs, Startups, Founders
848: SaaS: Wistia Video King? $10m+ ARR, 10k+ Customers on Just $1m Raised!

Basically, it's a platform.

SaaS Interviews with CEOs, Startups, Founders
848: SaaS: Wistia Video King? $10m+ ARR, 10k+ Customers on Just $1m Raised!

You can upload your videos to put them on your site and control how they look.

SaaS Interviews with CEOs, Startups, Founders
848: SaaS: Wistia Video King? $10m+ ARR, 10k+ Customers on Just $1m Raised!

So it's a total control over the player.

SaaS Interviews with CEOs, Startups, Founders
848: SaaS: Wistia Video King? $10m+ ARR, 10k+ Customers on Just $1m Raised!

You can add interactivity if you want, link it into all the other analytics tools that you use.

SaaS Interviews with CEOs, Startups, Founders
848: SaaS: Wistia Video King? $10m+ ARR, 10k+ Customers on Just $1m Raised!

And basically, we're just trying to make it really, really easy for you to understand how your videos are performing, how you can make videos.

SaaS Interviews with CEOs, Startups, Founders
848: SaaS: Wistia Video King? $10m+ ARR, 10k+ Customers on Just $1m Raised!

And when you do that, we see companies use videos a lot more and they end up connecting better with their customers.

SaaS Interviews with CEOs, Startups, Founders
848: SaaS: Wistia Video King? $10m+ ARR, 10k+ Customers on Just $1m Raised!

So it's based on numbers of videos and how much viewing you have.

SaaS Interviews with CEOs, Startups, Founders
848: SaaS: Wistia Video King? $10m+ ARR, 10k+ Customers on Just $1m Raised!

So the average customer is around $100 a month.

SaaS Interviews with CEOs, Startups, Founders
848: SaaS: Wistia Video King? $10m+ ARR, 10k+ Customers on Just $1m Raised!

And it's 25 cents per video per month as you add more videos.

SaaS Interviews with CEOs, Startups, Founders
848: SaaS: Wistia Video King? $10m+ ARR, 10k+ Customers on Just $1m Raised!

So we've tried to get a pretty simple storage model.

SaaS Interviews with CEOs, Startups, Founders
848: SaaS: Wistia Video King? $10m+ ARR, 10k+ Customers on Just $1m Raised!

And it also, we have some customers that have millions and millions of videos.

SaaS Interviews with CEOs, Startups, Founders
848: SaaS: Wistia Video King? $10m+ ARR, 10k+ Customers on Just $1m Raised!

They get 25.

SaaS Interviews with CEOs, Startups, Founders
848: SaaS: Wistia Video King? $10m+ ARR, 10k+ Customers on Just $1m Raised!

So each video is 25 cents a month in storage costs, basically.

SaaS Interviews with CEOs, Startups, Founders
848: SaaS: Wistia Video King? $10m+ ARR, 10k+ Customers on Just $1m Raised!

So it scales up as you add tons of videos, but it's also really predictable, which is one of the things we found people wanted.