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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

I had co-founders along the way that we've parted ways with, and mostly all in good grace.

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

A little bit of, it depends on the story.

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

A couple of weeks spent money on, yeah.

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

A couple of it was more like cordial and they bought their equity.

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

So yeah.

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

Well, we now have event venues in the artist businesses as well using Prism.

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

Tell me about that.

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

Yeah, so like the overall pitch of Prism is, you know, the live music industry is this like connected ecosystem of people that are doing business to make concerts happen.

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

You have the venues and the promoters who are putting on the events.

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

And then you have talent agencies who represent the artists and they're booking these.

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

And they're essentially like...

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

selling the bands to these venues and promoters.

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

So we work with both sides of the ecosystem and that mostly helps with data transfer.

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

Long story short, like it, if a promoter and a venue is both using Prism, there's a really enhanced kind of efficient show that gets planned.

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

But if they're not using Prism, then they have to do an amazing amount of data entry.

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

So we've created this like network effect kind of gravity and using the system where you, if you work with three people who are using Prism, it's this enhanced benefit.

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

And then you go and work with someone who's not using Prism.

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

It's not that you don't want to do business with them, but it's like you tangibly notice like, hey, like I'm just more efficient as a business when I work with someone that's using the same network as me.

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

So that's a big part of our strategy.

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

We have increased pricing quite a bit.