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Francesco Putignano

๐Ÿ‘ค Speaker
120 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
Mela.Work Raising $1-2m Right Now With $200k in Revenue, Fair Valuation?

So in that sense, we are โ€“ I mean, we're not perfect, but we go towards charging what people are willing to pay.

SaaS Interviews with CEOs, Startups, Founders
Mela.Work Raising $1-2m Right Now With $200k in Revenue, Fair Valuation?

This is the first year, and we are on yearly or two-year, three-year contracts.

SaaS Interviews with CEOs, Startups, Founders
Mela.Work Raising $1-2m Right Now With $200k in Revenue, Fair Valuation?

So, yes, it would.

SaaS Interviews with CEOs, Startups, Founders
Mela.Work Raising $1-2m Right Now With $200k in Revenue, Fair Valuation?

The way we do it now is during negotiation, when you negotiate like a yearly or two-year deal, there's usually these companies, industrial companies, usually want to discount.

SaaS Interviews with CEOs, Startups, Founders
Mela.Work Raising $1-2m Right Now With $200k in Revenue, Fair Valuation?

So whatever price you give them, they tend to low volume, bring it down.

SaaS Interviews with CEOs, Startups, Founders
Mela.Work Raising $1-2m Right Now With $200k in Revenue, Fair Valuation?

So we try to stay firm.

SaaS Interviews with CEOs, Startups, Founders
Mela.Work Raising $1-2m Right Now With $200k in Revenue, Fair Valuation?

And we try to maximize what we get.

SaaS Interviews with CEOs, Startups, Founders
Mela.Work Raising $1-2m Right Now With $200k in Revenue, Fair Valuation?

At some point, we will be in the position to not go for a deal that we think we shouldn't go for.

SaaS Interviews with CEOs, Startups, Founders
Mela.Work Raising $1-2m Right Now With $200k in Revenue, Fair Valuation?

But so far, we haven't been in the position where we can take a risk on churning, I don't know, 10 or 20% of our revenues on a big customer because we're charging too much.

SaaS Interviews with CEOs, Startups, Founders
Mela.Work Raising $1-2m Right Now With $200k in Revenue, Fair Valuation?

You're right.

SaaS Interviews with CEOs, Startups, Founders
Mela.Work Raising $1-2m Right Now With $200k in Revenue, Fair Valuation?

But as you said, we've been- It's opportunity cost.

SaaS Interviews with CEOs, Startups, Founders
Mela.Work Raising $1-2m Right Now With $200k in Revenue, Fair Valuation?

Absolutely.

SaaS Interviews with CEOs, Startups, Founders
Mela.Work Raising $1-2m Right Now With $200k in Revenue, Fair Valuation?

To acquire them?

SaaS Interviews with CEOs, Startups, Founders
Mela.Work Raising $1-2m Right Now With $200k in Revenue, Fair Valuation?

Well, for the enterprise that are paying 25,000 a year, the customer acquisition cost is between five and 10,000.

SaaS Interviews with CEOs, Startups, Founders
Mela.Work Raising $1-2m Right Now With $200k in Revenue, Fair Valuation?

So we recovered that in like four months.

SaaS Interviews with CEOs, Startups, Founders
Mela.Work Raising $1-2m Right Now With $200k in Revenue, Fair Valuation?

Um, for the smaller ones, uh, the data are a little bit, uh, sketchier because they're inbound.

SaaS Interviews with CEOs, Startups, Founders
Mela.Work Raising $1-2m Right Now With $200k in Revenue, Fair Valuation?

We spend like a Google search and marketing.

SaaS Interviews with CEOs, Startups, Founders
Mela.Work Raising $1-2m Right Now With $200k in Revenue, Fair Valuation?

I would estimate it right now at about 2000.

SaaS Interviews with CEOs, Startups, Founders
Mela.Work Raising $1-2m Right Now With $200k in Revenue, Fair Valuation?

Uh, but it's, it's very inefficient.

SaaS Interviews with CEOs, Startups, Founders
Mela.Work Raising $1-2m Right Now With $200k in Revenue, Fair Valuation?

So in that sense, we recovered the cost in about a year.