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Madhan Kanagawa

๐Ÿ‘ค Speaker
188 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
DropBox Competitor Bootstraps to $9m Revenue in Austin Texas

You know, as I said, we are not shattering our numbers, but it's definitely, you know, we owe that, yeah.

SaaS Interviews with CEOs, Startups, Founders
DropBox Competitor Bootstraps to $9m Revenue in Austin Texas

Yeah, absolutely.

SaaS Interviews with CEOs, Startups, Founders
DropBox Competitor Bootstraps to $9m Revenue in Austin Texas

Yeah, this is the first question pretty much everybody asks us is how do you differentiate yourself among giants?

SaaS Interviews with CEOs, Startups, Founders
DropBox Competitor Bootstraps to $9m Revenue in Austin Texas

Box, Dropbox, Microsoft, Google.

SaaS Interviews with CEOs, Startups, Founders
DropBox Competitor Bootstraps to $9m Revenue in Austin Texas

So the simple answer is we have a very unique differentiation where we provide solutions

SaaS Interviews with CEOs, Startups, Founders
DropBox Competitor Bootstraps to $9m Revenue in Austin Texas

for specific areas and industries where they need complete data control and privacy.

SaaS Interviews with CEOs, Startups, Founders
DropBox Competitor Bootstraps to $9m Revenue in Austin Texas

You can imagine organizations like the military, intelligence forces, insurance, and other organizations like government, for example, that really cannot put stuff without a lot of

SaaS Interviews with CEOs, Startups, Founders
DropBox Competitor Bootstraps to $9m Revenue in Austin Texas

you know compliance and controls are on place on the data that they have and that's where we provide that's what FileCloud does it gives you complete control because they host the data and they manage it either on their infrastructure wherever it is whether it's on-premise or on the cloud do you charge a sort of setup fee to install the on-prem solution or is that all on the customer

SaaS Interviews with CEOs, Startups, Founders
DropBox Competitor Bootstraps to $9m Revenue in Austin Texas

We don't charge for any of that.

SaaS Interviews with CEOs, Startups, Founders
DropBox Competitor Bootstraps to $9m Revenue in Austin Texas

Our cost is all inclusive.

SaaS Interviews with CEOs, Startups, Founders
DropBox Competitor Bootstraps to $9m Revenue in Austin Texas

So support is included as part of that.

SaaS Interviews with CEOs, Startups, Founders
DropBox Competitor Bootstraps to $9m Revenue in Austin Texas

And yeah, if needed, our support team will go and do the setup for them if needed and configure it as needed.

SaaS Interviews with CEOs, Startups, Founders
DropBox Competitor Bootstraps to $9m Revenue in Austin Texas

On an average cost, the ACV is around $4,800 at most.

SaaS Interviews with CEOs, Startups, Founders
DropBox Competitor Bootstraps to $9m Revenue in Austin Texas

But there's a huge difference in terms of our customer base.

SaaS Interviews with CEOs, Startups, Founders
DropBox Competitor Bootstraps to $9m Revenue in Austin Texas

We have a lot of customers who are paying around $1,000 a year for most of the customers in there.

SaaS Interviews with CEOs, Startups, Founders
DropBox Competitor Bootstraps to $9m Revenue in Austin Texas

And then there's a lot of larger customers ranging from a million dollars to hundreds of thousands of dollars.

SaaS Interviews with CEOs, Startups, Founders
DropBox Competitor Bootstraps to $9m Revenue in Austin Texas

So yeah, there's quite a bit of spread over there.

SaaS Interviews with CEOs, Startups, Founders
DropBox Competitor Bootstraps to $9m Revenue in Austin Texas

Yes, it's actually number of users who are using the system, really.

SaaS Interviews with CEOs, Startups, Founders
DropBox Competitor Bootstraps to $9m Revenue in Austin Texas

That is the primary difference.

SaaS Interviews with CEOs, Startups, Founders
DropBox Competitor Bootstraps to $9m Revenue in Austin Texas

You know, it's the scale of deployment.

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