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Matt Ford

๐Ÿ‘ค Speaker
604 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
Pandemic should have killed him, he doubled revenue to $1.8m helping live event venues pay and manage talent

We help them account for their payments.

SaaS Interviews with CEOs, Startups, Founders
Pandemic should have killed him, he doubled revenue to $1.8m helping live event venues pay and manage talent

We help them invoice their payments.

SaaS Interviews with CEOs, Startups, Founders
Pandemic should have killed him, he doubled revenue to $1.8m helping live event venues pay and manage talent

We're not actually facilitating it yet.

SaaS Interviews with CEOs, Startups, Founders
Pandemic should have killed him, he doubled revenue to $1.8m helping live event venues pay and manage talent

So that would be a really tremendous line of revenue for us if we get into it.

SaaS Interviews with CEOs, Startups, Founders
Pandemic should have killed him, he doubled revenue to $1.8m helping live event venues pay and manage talent

I kind of always mess up this word, but I think the right word is it's low elasticity in the market, meaning they're extremely price sensitive.

SaaS Interviews with CEOs, Startups, Founders
Pandemic should have killed him, he doubled revenue to $1.8m helping live event venues pay and manage talent

So

SaaS Interviews with CEOs, Startups, Founders
Pandemic should have killed him, he doubled revenue to $1.8m helping live event venues pay and manage talent

sometimes a band might get paid $100,000 upfront if they're a big enough band or $500,000.

SaaS Interviews with CEOs, Startups, Founders
Pandemic should have killed him, he doubled revenue to $1.8m helping live event venues pay and manage talent

And we streamlined the problem of like keeping track of a huge mess around payments, but not a big enough problem to get like an ongoing 5% fee or something like that.

SaaS Interviews with CEOs, Startups, Founders
Pandemic should have killed him, he doubled revenue to $1.8m helping live event venues pay and manage talent

Our clients would just go around us, if you will.

SaaS Interviews with CEOs, Startups, Founders
Pandemic should have killed him, he doubled revenue to $1.8m helping live event venues pay and manage talent

So we're trying to figure out if it boils down to a few basis points, if it's just baked into their software subscription.

SaaS Interviews with CEOs, Startups, Founders
Pandemic should have killed him, he doubled revenue to $1.8m helping live event venues pay and manage talent

And it's really just this thing that like,

SaaS Interviews with CEOs, Startups, Founders
Pandemic should have killed him, he doubled revenue to $1.8m helping live event venues pay and manage talent

locks, you know, locks in our ubiquity because we're also handling the payments and we get it back into fees.

SaaS Interviews with CEOs, Startups, Founders
Pandemic should have killed him, he doubled revenue to $1.8m helping live event venues pay and manage talent

So it's an ongoing exploration, but you know, frankly, it's a bit of a horizon project for us.

SaaS Interviews with CEOs, Startups, Founders
Pandemic should have killed him, he doubled revenue to $1.8m helping live event venues pay and manage talent

We're fully focused on what I would say, like completing the initial mission and it'll never be complete, but our eyes are set on being the ubiquitous software solution for the live music industry.

SaaS Interviews with CEOs, Startups, Founders
Pandemic should have killed him, he doubled revenue to $1.8m helping live event venues pay and manage talent

And I think in the next six months, we're going to see that happen.

SaaS Interviews with CEOs, Startups, Founders
Pandemic should have killed him, he doubled revenue to $1.8m helping live event venues pay and manage talent

If we track, if we, like all the payments across.

SaaS Interviews with CEOs, Startups, Founders
Pandemic should have killed him, he doubled revenue to $1.8m helping live event venues pay and manage talent

It's in the billions.

SaaS Interviews with CEOs, Startups, Founders
Pandemic should have killed him, he doubled revenue to $1.8m helping live event venues pay and manage talent

Yeah, I don't want to give you too specific of a number.

SaaS Interviews with CEOs, Startups, Founders
Pandemic should have killed him, he doubled revenue to $1.8m helping live event venues pay and manage talent

B, yeah, billions.

SaaS Interviews with CEOs, Startups, Founders
Pandemic should have killed him, he doubled revenue to $1.8m helping live event venues pay and manage talent

Absolutely.