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Gleb Budman

๐Ÿ‘ค Speaker
177 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
1204 $30m ARR Cloud Backup Company Almost Bankrupt from Thailand Floods

Exactly.

SaaS Interviews with CEOs, Startups, Founders
1204 $30m ARR Cloud Backup Company Almost Bankrupt from Thailand Floods

And so revenue on the business backup side is actually increases, does not decrease.

SaaS Interviews with CEOs, Startups, Founders
1204 $30m ARR Cloud Backup Company Almost Bankrupt from Thailand Floods

So we make more money from customers that add more licenses than we churn.

SaaS Interviews with CEOs, Startups, Founders
1204 $30m ARR Cloud Backup Company Almost Bankrupt from Thailand Floods

It's over 100.

SaaS Interviews with CEOs, Startups, Founders
1204 $30m ARR Cloud Backup Company Almost Bankrupt from Thailand Floods

I don't actually have that at my fingertips.

SaaS Interviews with CEOs, Startups, Founders
1204 $30m ARR Cloud Backup Company Almost Bankrupt from Thailand Floods

Okay.

SaaS Interviews with CEOs, Startups, Founders
1204 $30m ARR Cloud Backup Company Almost Bankrupt from Thailand Floods

Because we have to do different things for different product clients.

SaaS Interviews with CEOs, Startups, Founders
1204 $30m ARR Cloud Backup Company Almost Bankrupt from Thailand Floods

So we do for the business back and computer backup, consumer computer backup side of things.

SaaS Interviews with CEOs, Startups, Founders
1204 $30m ARR Cloud Backup Company Almost Bankrupt from Thailand Floods

So in rough numbers, a consumer is worth about $400 in lifetime revenue to us.

SaaS Interviews with CEOs, Startups, Founders
1204 $30m ARR Cloud Backup Company Almost Bankrupt from Thailand Floods

And on the business side, it just depends how many licenses they sign up or how much storage they decide to purchase from us.

SaaS Interviews with CEOs, Startups, Founders
1204 $30m ARR Cloud Backup Company Almost Bankrupt from Thailand Floods

People are based mostly in headquarters in San Mateo, California, though we have a number of people near our data centers out in Sacramento and in Phoenix, Arizona.

SaaS Interviews with CEOs, Startups, Founders
1204 $30m ARR Cloud Backup Company Almost Bankrupt from Thailand Floods

And then we have a smattering around other places.

SaaS Interviews with CEOs, Startups, Founders
1204 $30m ARR Cloud Backup Company Almost Bankrupt from Thailand Floods

So in 2012, it was about a $25 million valuation.

SaaS Interviews with CEOs, Startups, Founders
1204 $30m ARR Cloud Backup Company Almost Bankrupt from Thailand Floods

Pre or post?

SaaS Interviews with CEOs, Startups, Founders
1204 $30m ARR Cloud Backup Company Almost Bankrupt from Thailand Floods

I think that was pre.

SaaS Interviews with CEOs, Startups, Founders
1204 $30m ARR Cloud Backup Company Almost Bankrupt from Thailand Floods

So pre-money.

SaaS Interviews with CEOs, Startups, Founders
1204 $30m ARR Cloud Backup Company Almost Bankrupt from Thailand Floods

I'm slightly fuzzy at this moment.

SaaS Interviews with CEOs, Startups, Founders
1204 $30m ARR Cloud Backup Company Almost Bankrupt from Thailand Floods

Yeah, it's a great team.

SaaS Interviews with CEOs, Startups, Founders
1204 $30m ARR Cloud Backup Company Almost Bankrupt from Thailand Floods

And every single person that started with us 10 years ago is still here today.

SaaS Interviews with CEOs, Startups, Founders
1204 $30m ARR Cloud Backup Company Almost Bankrupt from Thailand Floods

That's amazing.