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Matt Britton

๐Ÿ‘ค Speaker
430 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
924 How to Spin a Million Dollar SaaS Company Out of Media Agency

the same time that I decided to leave.

SaaS Interviews with CEOs, Startups, Founders
924 How to Spin a Million Dollar SaaS Company Out of Media Agency

It actually wasn't even completely aligned from a timing standpoint, because as you know, I was running an organization called Summit Series for about a year in between.

SaaS Interviews with CEOs, Startups, Founders
924 How to Spin a Million Dollar SaaS Company Out of Media Agency

And then, you know, the opportunity arose for me and I decided to join.

SaaS Interviews with CEOs, Startups, Founders
924 How to Spin a Million Dollar SaaS Company Out of Media Agency

So it wasn't really planned in advance when we had hired Brandon's replacement.

SaaS Interviews with CEOs, Startups, Founders
924 How to Spin a Million Dollar SaaS Company Out of Media Agency

It was just more timing and it worked out that way.

SaaS Interviews with CEOs, Startups, Founders
924 How to Spin a Million Dollar SaaS Company Out of Media Agency

So we spun it out of the agency at around 2010, 2011.

SaaS Interviews with CEOs, Startups, Founders
924 How to Spin a Million Dollar SaaS Company Out of Media Agency

Yeah, but you know, CrowdTab, it's interesting because

SaaS Interviews with CEOs, Startups, Founders
924 How to Spin a Million Dollar SaaS Company Out of Media Agency

Influencer marketing, in my opinion, is never going to become a fully programmatic software solution.

SaaS Interviews with CEOs, Startups, Founders
924 How to Spin a Million Dollar SaaS Company Out of Media Agency

In fact, there hasn't been one influencer marketing company that sold for $50 million.

SaaS Interviews with CEOs, Startups, Founders
924 How to Spin a Million Dollar SaaS Company Out of Media Agency

And the reason why is that when you deal with people, especially higher level people that are represented by William Mars, you have to give them creative briefs.

SaaS Interviews with CEOs, Startups, Founders
924 How to Spin a Million Dollar SaaS Company Out of Media Agency

You have to get back to them.

SaaS Interviews with CEOs, Startups, Founders
924 How to Spin a Million Dollar SaaS Company Out of Media Agency

You have to ensure brand safety.

SaaS Interviews with CEOs, Startups, Founders
924 How to Spin a Million Dollar SaaS Company Out of Media Agency

It's not something you're ever going to be able to push a button and do.

SaaS Interviews with CEOs, Startups, Founders
924 How to Spin a Million Dollar SaaS Company Out of Media Agency

So I think the business model of Crowdtap being a pure play software solution as an influencer company was never really something that had the potential to be as

SaaS Interviews with CEOs, Startups, Founders
924 How to Spin a Million Dollar SaaS Company Out of Media Agency

The company really exploded early on.

SaaS Interviews with CEOs, Startups, Founders
924 How to Spin a Million Dollar SaaS Company Out of Media Agency

But the reality is that the market kind of caught up.

SaaS Interviews with CEOs, Startups, Founders
924 How to Spin a Million Dollar SaaS Company Out of Media Agency

And when I came in, there was definitely need to disrupt and reinvent the model of Crowdtap.

SaaS Interviews with CEOs, Startups, Founders
924 How to Spin a Million Dollar SaaS Company Out of Media Agency

But yes, it did achieve a lot of revenue very quickly as a byproduct of being incubated in the agency.

SaaS Interviews with CEOs, Startups, Founders
924 How to Spin a Million Dollar SaaS Company Out of Media Agency

And it's just having so many brand connections versus being incubated by engineers who really didn't understand how to sell, you know, how to sell advertisers.

SaaS Interviews with CEOs, Startups, Founders
924 How to Spin a Million Dollar SaaS Company Out of Media Agency

So I can't disclose what clients pay per average per month.