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Marc Rutzen

๐Ÿ‘ค Speaker
188 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
1639 How This Company Hit $10M Valuation Serving Real Estate Value Investors

And all in takes us about six months to pay it off.

SaaS Interviews with CEOs, Startups, Founders
1639 How This Company Hit $10M Valuation Serving Real Estate Value Investors

Fortunately, our first round of customers, the people we signed up that were kind of in our soft launch, which was like end of October last year, these were investors and people that were like evangelists of the product.

SaaS Interviews with CEOs, Startups, Founders
1639 How This Company Hit $10M Valuation Serving Real Estate Value Investors

All of them renewed.

SaaS Interviews with CEOs, Startups, Founders
1639 How This Company Hit $10M Valuation Serving Real Estate Value Investors

So we're in pretty good shape so far as far as those annual renewals.

SaaS Interviews with CEOs, Startups, Founders
1639 How This Company Hit $10M Valuation Serving Real Estate Value Investors

Now we're going to see in January when we start really picking up those annual contracts, how many of those renew.

SaaS Interviews with CEOs, Startups, Founders
1639 How This Company Hit $10M Valuation Serving Real Estate Value Investors

But I think we'll be doing pretty good.

SaaS Interviews with CEOs, Startups, Founders
1639 How This Company Hit $10M Valuation Serving Real Estate Value Investors

Mark?

SaaS Interviews with CEOs, Startups, Founders
1639 How This Company Hit $10M Valuation Serving Real Estate Value Investors

Oh, we use public data.

SaaS Interviews with CEOs, Startups, Founders
1639 How This Company Hit $10M Valuation Serving Real Estate Value Investors

We use publicly available data.

SaaS Interviews with CEOs, Startups, Founders
1639 How This Company Hit $10M Valuation Serving Real Estate Value Investors

So they had just more was publicly available.

SaaS Interviews with CEOs, Startups, Founders
1639 How This Company Hit $10M Valuation Serving Real Estate Value Investors

More was from property websites or listing sites or open data portals.

SaaS Interviews with CEOs, Startups, Founders
1639 How This Company Hit $10M Valuation Serving Real Estate Value Investors

Now, as time goes on, we're getting more and more of that coming from the users themselves.

SaaS Interviews with CEOs, Startups, Founders
1639 How This Company Hit $10M Valuation Serving Real Estate Value Investors

So the predictions get better.

SaaS Interviews with CEOs, Startups, Founders
1639 How This Company Hit $10M Valuation Serving Real Estate Value Investors

That's the big thing you see is the predictions get better over time.

SaaS Interviews with CEOs, Startups, Founders
1639 How This Company Hit $10M Valuation Serving Real Estate Value Investors

So before there was a wider margin of error on amenity predictions.

SaaS Interviews with CEOs, Startups, Founders
1639 How This Company Hit $10M Valuation Serving Real Estate Value Investors

So you'd see, you know, amenity is $20 plus $20, but plus or minus $10, right?

SaaS Interviews with CEOs, Startups, Founders
1639 How This Company Hit $10M Valuation Serving Real Estate Value Investors

So, oh, that's, you know, it's a prediction, but it's not as reliable.

SaaS Interviews with CEOs, Startups, Founders
1639 How This Company Hit $10M Valuation Serving Real Estate Value Investors

Now it's plus or minus $3.

SaaS Interviews with CEOs, Startups, Founders
1639 How This Company Hit $10M Valuation Serving Real Estate Value Investors

Number of rent rolls uploaded, number of T12s, and number of units on the platform.

SaaS Interviews with CEOs, Startups, Founders
1639 How This Company Hit $10M Valuation Serving Real Estate Value Investors

So uploaded to the platform, we've got somewhere around 200K.