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Matt Ford

๐Ÿ‘ค Speaker
604 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
How this SaaS For Music Venues Survived Covid Then hit $3m ARR

We have really solid product market fit.

SaaS Interviews with CEOs, Startups, Founders
How this SaaS For Music Venues Survived Covid Then hit $3m ARR

We have negative net retention.

SaaS Interviews with CEOs, Startups, Founders
How this SaaS For Music Venues Survived Covid Then hit $3m ARR

And we have a better understanding.

SaaS Interviews with CEOs, Startups, Founders
How this SaaS For Music Venues Survived Covid Then hit $3m ARR

Negative churn.

SaaS Interviews with CEOs, Startups, Founders
How this SaaS For Music Venues Survived Covid Then hit $3m ARR

Yeah.

SaaS Interviews with CEOs, Startups, Founders
How this SaaS For Music Venues Survived Covid Then hit $3m ARR

Positive net retention.

SaaS Interviews with CEOs, Startups, Founders
How this SaaS For Music Venues Survived Covid Then hit $3m ARR

With one of our customer segments, it's net retention of 127%.

SaaS Interviews with CEOs, Startups, Founders
How this SaaS For Music Venues Survived Covid Then hit $3m ARR

And across our whole customer base, it's 110%.

SaaS Interviews with CEOs, Startups, Founders
How this SaaS For Music Venues Survived Covid Then hit $3m ARR

That's impressive.

SaaS Interviews with CEOs, Startups, Founders
How this SaaS For Music Venues Survived Covid Then hit $3m ARR

Yeah.

SaaS Interviews with CEOs, Startups, Founders
How this SaaS For Music Venues Survived Covid Then hit $3m ARR

For me, it's like I was grateful to raise when it was kind of this pie in the sky like, hey, fuck it.

SaaS Interviews with CEOs, Startups, Founders
How this SaaS For Music Venues Survived Covid Then hit $3m ARR

We think there's a big market out there.

SaaS Interviews with CEOs, Startups, Founders
How this SaaS For Music Venues Survived Covid Then hit $3m ARR

Let's go and find some investors that believe in that as well.

SaaS Interviews with CEOs, Startups, Founders
How this SaaS For Music Venues Survived Covid Then hit $3m ARR

And the sky's the limit.

SaaS Interviews with CEOs, Startups, Founders
How this SaaS For Music Venues Survived Covid Then hit $3m ARR

But over time, I think we've become more and more rational about...

SaaS Interviews with CEOs, Startups, Founders
How this SaaS For Music Venues Survived Covid Then hit $3m ARR

how big of a market is.

SaaS Interviews with CEOs, Startups, Founders
How this SaaS For Music Venues Survived Covid Then hit $3m ARR

And I'm going to use some like made up numbers here, but you know, in the start, like, let's say, Hey, like we believe the TAM is 500 million.

SaaS Interviews with CEOs, Startups, Founders
How this SaaS For Music Venues Survived Covid Then hit $3m ARR

So it's like, all right, sure.

SaaS Interviews with CEOs, Startups, Founders
How this SaaS For Music Venues Survived Covid Then hit $3m ARR

Go and raise however much we want.

SaaS Interviews with CEOs, Startups, Founders
How this SaaS For Music Venues Survived Covid Then hit $3m ARR

But over time, I think it's really important for an entrepreneur to get more realistic about like what the Sam is versus the TAM and what the true TAM is.