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Jason Hsiao

๐Ÿ‘ค Speaker
262 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
Video Platform Animoto up 20% YoY with $30m in Revenue, Will Canva Acquire For $300m?

Yeah.

SaaS Interviews with CEOs, Startups, Founders
Video Platform Animoto up 20% YoY with $30m in Revenue, Will Canva Acquire For $300m?

But I think he liked that we were, you know, doing one thing very specific and trying to do it really well.

SaaS Interviews with CEOs, Startups, Founders
Video Platform Animoto up 20% YoY with $30m in Revenue, Will Canva Acquire For $300m?

And he liked that focus.

SaaS Interviews with CEOs, Startups, Founders
Video Platform Animoto up 20% YoY with $30m in Revenue, Will Canva Acquire For $300m?

Well, yeah, like I said, over the years, we've probably had, you know, over a million.

SaaS Interviews with CEOs, Startups, Founders
Video Platform Animoto up 20% YoY with $30m in Revenue, Will Canva Acquire For $300m?

But how many active paying today?

SaaS Interviews with CEOs, Startups, Founders
Video Platform Animoto up 20% YoY with $30m in Revenue, Will Canva Acquire For $300m?

We've got like 130 active paying subscribers.

SaaS Interviews with CEOs, Startups, Founders
Video Platform Animoto up 20% YoY with $30m in Revenue, Will Canva Acquire For $300m?

And a lot of them are kind of coming back.

SaaS Interviews with CEOs, Startups, Founders
Video Platform Animoto up 20% YoY with $30m in Revenue, Will Canva Acquire For $300m?

Um, so, but activates every now, like, you know, over a hundred thousand.

SaaS Interviews with CEOs, Startups, Founders
Video Platform Animoto up 20% YoY with $30m in Revenue, Will Canva Acquire For $300m?

Well, what we've realized because of our type of business, we have to kind of approach it in a very kind of multi-layered type way, right?

SaaS Interviews with CEOs, Startups, Founders
Video Platform Animoto up 20% YoY with $30m in Revenue, Will Canva Acquire For $300m?

So we know that, I don't know, about 20% of folks who come in will actually just stick around with us forever.

SaaS Interviews with CEOs, Startups, Founders
Video Platform Animoto up 20% YoY with $30m in Revenue, Will Canva Acquire For $300m?

And the rest, like I said, it just depends on where they are in the business.

SaaS Interviews with CEOs, Startups, Founders
Video Platform Animoto up 20% YoY with $30m in Revenue, Will Canva Acquire For $300m?

We have a lot of small businesses.

SaaS Interviews with CEOs, Startups, Founders
Video Platform Animoto up 20% YoY with $30m in Revenue, Will Canva Acquire For $300m?

Some of them are just getting started.

SaaS Interviews with CEOs, Startups, Founders
Video Platform Animoto up 20% YoY with $30m in Revenue, Will Canva Acquire For $300m?

So the idea of jumping right into social media and posting all the time, it's just they're not ready for that.

SaaS Interviews with CEOs, Startups, Founders
Video Platform Animoto up 20% YoY with $30m in Revenue, Will Canva Acquire For $300m?

They're like, I need a video for my homepage or a cover video for my Facebook page or something.

SaaS Interviews with CEOs, Startups, Founders
Video Platform Animoto up 20% YoY with $30m in Revenue, Will Canva Acquire For $300m?

They're just trying to get the basics in place.

SaaS Interviews with CEOs, Startups, Founders
Video Platform Animoto up 20% YoY with $30m in Revenue, Will Canva Acquire For $300m?

But if we feel like that we can serve that need really well, that in six or 12 months time when they are ready to do some more, like,

SaaS Interviews with CEOs, Startups, Founders
Video Platform Animoto up 20% YoY with $30m in Revenue, Will Canva Acquire For $300m?

start doing ads on Facebook or, you know, start promoting some of their regular product line or something like that, that we can kind of be there when they're ready at that next stage of the company.

SaaS Interviews with CEOs, Startups, Founders
Video Platform Animoto up 20% YoY with $30m in Revenue, Will Canva Acquire For $300m?

So we've kind of learned that we just need to kind of, you know, kind of almost like sub-segment our businesses and really kind of understand where they are in their business maturity and their social maturity and their video maturity and kind of cater to each one of those.

SaaS Interviews with CEOs, Startups, Founders
Video Platform Animoto up 20% YoY with $30m in Revenue, Will Canva Acquire For $300m?

So