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Lev Yakupov

๐Ÿ‘ค Speaker
123 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
1511 Moscow Based Video Conference Software Hits $5m in Revenue, Bootstrapped, 170 employees

So it is a... Involved 1 million, what you cut out?

SaaS Interviews with CEOs, Startups, Founders
1511 Moscow Based Video Conference Software Hits $5m in Revenue, Bootstrapped, 170 employees

1 million seats.

SaaS Interviews with CEOs, Startups, Founders
1511 Moscow Based Video Conference Software Hits $5m in Revenue, Bootstrapped, 170 employees

That is the capacity of the solution.

SaaS Interviews with CEOs, Startups, Founders
1511 Moscow Based Video Conference Software Hits $5m in Revenue, Bootstrapped, 170 employees

But the current usage is approximately 300,000 users are using it.

SaaS Interviews with CEOs, Startups, Founders
1511 Moscow Based Video Conference Software Hits $5m in Revenue, Bootstrapped, 170 employees

So this is a pretty large project, and we have at least five similar projects in different.

SaaS Interviews with CEOs, Startups, Founders
1511 Moscow Based Video Conference Software Hits $5m in Revenue, Bootstrapped, 170 employees

That's confidential, but those projects are most important for our company because they generate more revenue.

SaaS Interviews with CEOs, Startups, Founders
1511 Moscow Based Video Conference Software Hits $5m in Revenue, Bootstrapped, 170 employees

Because when you do something special, it's not just white labeling.

SaaS Interviews with CEOs, Startups, Founders
1511 Moscow Based Video Conference Software Hits $5m in Revenue, Bootstrapped, 170 employees

We create, let's say, when there are

SaaS Interviews with CEOs, Startups, Founders
1511 Moscow Based Video Conference Software Hits $5m in Revenue, Bootstrapped, 170 employees

The big boss would like to see the whole hero here of other departments, the groups inside other departments.

SaaS Interviews with CEOs, Startups, Founders
1511 Moscow Based Video Conference Software Hits $5m in Revenue, Bootstrapped, 170 employees

That's something we don't have in our main products, so we have to develop it.

SaaS Interviews with CEOs, Startups, Founders
1511 Moscow Based Video Conference Software Hits $5m in Revenue, Bootstrapped, 170 employees

Some solutions, they run above some complex networks, which use special equipment, encryption equipment, or they have

SaaS Interviews with CEOs, Startups, Founders
1511 Moscow Based Video Conference Software Hits $5m in Revenue, Bootstrapped, 170 employees

some special uh conferencing endpoints in their rooms on their desktop so we have to adapt so that creates a lot of opportunities to create something special and those projects are usually big and we do more many of them for example uh this project was the largest for us for one million seats

SaaS Interviews with CEOs, Startups, Founders
1511 Moscow Based Video Conference Software Hits $5m in Revenue, Bootstrapped, 170 employees

exactly but not requiring we just sell the licenses because yeah but the licenses aren't recurring it's once for life so yeah they are not recurring yeah exactly they are not so the idea is that because we have a free product which is very popular we usually have approximately one and a half thousand to two thousand new companies who begin to use the free version of our conferencing server over what period of time

SaaS Interviews with CEOs, Startups, Founders
1511 Moscow Based Video Conference Software Hits $5m in Revenue, Bootstrapped, 170 employees

For months.

SaaS Interviews with CEOs, Startups, Founders
1511 Moscow Based Video Conference Software Hits $5m in Revenue, Bootstrapped, 170 employees

Okay.

SaaS Interviews with CEOs, Startups, Founders
1511 Moscow Based Video Conference Software Hits $5m in Revenue, Bootstrapped, 170 employees

Because it's not private users.

SaaS Interviews with CEOs, Startups, Founders
1511 Moscow Based Video Conference Software Hits $5m in Revenue, Bootstrapped, 170 employees

It's the companies because they have to deploy on a Windows server machine, a virtual machine.

SaaS Interviews with CEOs, Startups, Founders
1511 Moscow Based Video Conference Software Hits $5m in Revenue, Bootstrapped, 170 employees

So this is not a regular user have on site to deploy on.

SaaS Interviews with CEOs, Startups, Founders
1511 Moscow Based Video Conference Software Hits $5m in Revenue, Bootstrapped, 170 employees

So we have a constant lead flow

SaaS Interviews with CEOs, Startups, Founders
1511 Moscow Based Video Conference Software Hits $5m in Revenue, Bootstrapped, 170 employees

And we up-sale to that constant lead flow, not just our full version license.