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Kevin Zicherman

๐Ÿ‘ค Speaker
261 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
MyWifiNetworks Turned Down $5.4m All Cash Offer Last Month, Despite Loosing 30% Due to COVID

We're going to come back as soon as our

SaaS Interviews with CEOs, Startups, Founders
MyWifiNetworks Turned Down $5.4m All Cash Offer Last Month, Despite Loosing 30% Due to COVID

Clients can reopen their doors.

SaaS Interviews with CEOs, Startups, Founders
MyWifiNetworks Turned Down $5.4m All Cash Offer Last Month, Despite Loosing 30% Due to COVID

And we're seeing that happen slowly.

SaaS Interviews with CEOs, Startups, Founders
MyWifiNetworks Turned Down $5.4m All Cash Offer Last Month, Despite Loosing 30% Due to COVID

That's dropped a bit to about $220.

SaaS Interviews with CEOs, Startups, Founders
MyWifiNetworks Turned Down $5.4m All Cash Offer Last Month, Despite Loosing 30% Due to COVID

But in fact, hidden in those numbers are two major deals that we've managed to work on during COVID.

SaaS Interviews with CEOs, Startups, Founders
MyWifiNetworks Turned Down $5.4m All Cash Offer Last Month, Despite Loosing 30% Due to COVID

Everybody thinks COVID is terrible, and obviously it is.

SaaS Interviews with CEOs, Startups, Founders
MyWifiNetworks Turned Down $5.4m All Cash Offer Last Month, Despite Loosing 30% Due to COVID

But a lot of small businesses had to close their doors, couldn't operate.

SaaS Interviews with CEOs, Startups, Founders
MyWifiNetworks Turned Down $5.4m All Cash Offer Last Month, Despite Loosing 30% Due to COVID

But the bigger companies...

SaaS Interviews with CEOs, Startups, Founders
MyWifiNetworks Turned Down $5.4m All Cash Offer Last Month, Despite Loosing 30% Due to COVID

We're still operating, and you had marketing departments scrambling, figuring out, hey, how are we going to generate data?

SaaS Interviews with CEOs, Startups, Founders
MyWifiNetworks Turned Down $5.4m All Cash Offer Last Month, Despite Loosing 30% Due to COVID

How are we going to survive?

SaaS Interviews with CEOs, Startups, Founders
MyWifiNetworks Turned Down $5.4m All Cash Offer Last Month, Despite Loosing 30% Due to COVID

So a customer is a digital agency or a managed service provider that typically has anywhere between 10 to 50 locations that they manage.

SaaS Interviews with CEOs, Startups, Founders
MyWifiNetworks Turned Down $5.4m All Cash Offer Last Month, Despite Loosing 30% Due to COVID

So they resell our software.

SaaS Interviews with CEOs, Startups, Founders
MyWifiNetworks Turned Down $5.4m All Cash Offer Last Month, Despite Loosing 30% Due to COVID

It's white label.

SaaS Interviews with CEOs, Startups, Founders
MyWifiNetworks Turned Down $5.4m All Cash Offer Last Month, Despite Loosing 30% Due to COVID

So they've slapped their own brand on it and then service their clients with a Wi-Fi marketing solution.

SaaS Interviews with CEOs, Startups, Founders
MyWifiNetworks Turned Down $5.4m All Cash Offer Last Month, Despite Loosing 30% Due to COVID

Is there hardware you're selling them as well or no?

SaaS Interviews with CEOs, Startups, Founders
MyWifiNetworks Turned Down $5.4m All Cash Offer Last Month, Despite Loosing 30% Due to COVID

There is sometimes hardware that we offer.

SaaS Interviews with CEOs, Startups, Founders
MyWifiNetworks Turned Down $5.4m All Cash Offer Last Month, Despite Loosing 30% Due to COVID

It's a low-cost hardware to get our foot in the door and then obviously have those with the monthly fees.

SaaS Interviews with CEOs, Startups, Founders
MyWifiNetworks Turned Down $5.4m All Cash Offer Last Month, Despite Loosing 30% Due to COVID

We service that.

SaaS Interviews with CEOs, Startups, Founders
MyWifiNetworks Turned Down $5.4m All Cash Offer Last Month, Despite Loosing 30% Due to COVID

We offer it.

SaaS Interviews with CEOs, Startups, Founders
MyWifiNetworks Turned Down $5.4m All Cash Offer Last Month, Despite Loosing 30% Due to COVID

Actually, I have one just over here.