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Matteo Franceschetti

๐Ÿ‘ค Speaker
220 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
Will $80M Mattress King Launch Subscription Next?

Obviously, every business is different, right?

SaaS Interviews with CEOs, Startups, Founders
Will $80M Mattress King Launch Subscription Next?

But when you talk about gross margin, where are you?

SaaS Interviews with CEOs, Startups, Founders
Will $80M Mattress King Launch Subscription Next?

Somewhere between, I mean, anything below 40%, it's pretty bad.

SaaS Interviews with CEOs, Startups, Founders
Will $80M Mattress King Launch Subscription Next?

I think everything around 60% is pretty good or about 60% is awesome.

SaaS Interviews with CEOs, Startups, Founders
Will $80M Mattress King Launch Subscription Next?

So you can shift.

SaaS Interviews with CEOs, Startups, Founders
Will $80M Mattress King Launch Subscription Next?

But obviously, gross margin is just, I would call it a good metric, but up to a certain point, because then you need to look at returns, replacement, credit card fee, CAC, all that kind of things and see what is your net margin.

SaaS Interviews with CEOs, Startups, Founders
Will $80M Mattress King Launch Subscription Next?

And at the time was okay.

SaaS Interviews with CEOs, Startups, Founders
Will $80M Mattress King Launch Subscription Next?

No, we really measure my number of hours and it's not even just sleep, but it's health data because now we track so much about your health.

SaaS Interviews with CEOs, Startups, Founders
Will $80M Mattress King Launch Subscription Next?

I mean, obviously it keeps growing, right?

SaaS Interviews with CEOs, Startups, Founders
Will $80M Mattress King Launch Subscription Next?

It's like almost a recurring revenue, but instead of being revenue is a health data.

SaaS Interviews with CEOs, Startups, Founders
Will $80M Mattress King Launch Subscription Next?

And so you have the old customers that you keep tracking plus all the new customers each month.

SaaS Interviews with CEOs, Startups, Founders
Will $80M Mattress King Launch Subscription Next?

And that number keeps growing and now we are becoming

SaaS Interviews with CEOs, Startups, Founders
Will $80M Mattress King Launch Subscription Next?

one of the largest databases in the world for health and sleep.

SaaS Interviews with CEOs, Startups, Founders
Will $80M Mattress King Launch Subscription Next?

We don't disclose that yet.

SaaS Interviews with CEOs, Startups, Founders
Will $80M Mattress King Launch Subscription Next?

I can potentially let you know.

SaaS Interviews with CEOs, Startups, Founders
Will $80M Mattress King Launch Subscription Next?

I can check with my team the exact number.

SaaS Interviews with CEOs, Startups, Founders
Will $80M Mattress King Launch Subscription Next?

But yeah, you're talking about a lot of hours.

SaaS Interviews with CEOs, Startups, Founders
Will $80M Mattress King Launch Subscription Next?

On average, imagine like a two X year over year growth.

SaaS Interviews with CEOs, Startups, Founders
Will $80M Mattress King Launch Subscription Next?

Uh, so, and then you get an approximation.

SaaS Interviews with CEOs, Startups, Founders
Will $80M Mattress King Launch Subscription Next?

Yeah, so we are around 50 people.