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Mo Abbas

๐Ÿ‘ค Speaker
192 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
$2.4m in SaaS Revenues from Business and Apprentice Marketplace

The mission of Acadium is super important and there's something to be said about providing these life-changing opportunities to people around the world.

SaaS Interviews with CEOs, Startups, Founders
$2.4m in SaaS Revenues from Business and Apprentice Marketplace

I mean, we'll be profitable, right?

SaaS Interviews with CEOs, Startups, Founders
$2.4m in SaaS Revenues from Business and Apprentice Marketplace

But at the same time, we have unit economics and we have some levers on the business side that we can pull on.

SaaS Interviews with CEOs, Startups, Founders
$2.4m in SaaS Revenues from Business and Apprentice Marketplace

We're still...

SaaS Interviews with CEOs, Startups, Founders
$2.4m in SaaS Revenues from Business and Apprentice Marketplace

Not quite there yet, in my opinion.

SaaS Interviews with CEOs, Startups, Founders
$2.4m in SaaS Revenues from Business and Apprentice Marketplace

We still need to nail those levers and the unit economics, but they are profitable right now.

SaaS Interviews with CEOs, Startups, Founders
$2.4m in SaaS Revenues from Business and Apprentice Marketplace

Sorry, I meant the unit economics are profitable.

SaaS Interviews with CEOs, Startups, Founders
$2.4m in SaaS Revenues from Business and Apprentice Marketplace

So for every $1 we spend, we generate greater than $4 in revenue.

SaaS Interviews with CEOs, Startups, Founders
$2.4m in SaaS Revenues from Business and Apprentice Marketplace

In LTV.

SaaS Interviews with CEOs, Startups, Founders
$2.4m in SaaS Revenues from Business and Apprentice Marketplace

So CAC to LTV rate.

SaaS Interviews with CEOs, Startups, Founders
$2.4m in SaaS Revenues from Business and Apprentice Marketplace

We get it in sub one year.

SaaS Interviews with CEOs, Startups, Founders
$2.4m in SaaS Revenues from Business and Apprentice Marketplace

Yes, yeah.

SaaS Interviews with CEOs, Startups, Founders
$2.4m in SaaS Revenues from Business and Apprentice Marketplace

Although ARR is not the best metric to use in our business, to be honest, it's not like a traditional SaaS company because we do have an inherent churn where businesses end up hiring.

SaaS Interviews with CEOs, Startups, Founders
$2.4m in SaaS Revenues from Business and Apprentice Marketplace

If they got a lot of success out of Acadium, they're going to hire their apprentice.

SaaS Interviews with CEOs, Startups, Founders
$2.4m in SaaS Revenues from Business and Apprentice Marketplace

It doesn't have to be churn.

SaaS Interviews with CEOs, Startups, Founders
$2.4m in SaaS Revenues from Business and Apprentice Marketplace

That could actually be expansion revenue.

SaaS Interviews with CEOs, Startups, Founders
$2.4m in SaaS Revenues from Business and Apprentice Marketplace

You have to monetize that for it to be expansion revenue.

SaaS Interviews with CEOs, Startups, Founders
$2.4m in SaaS Revenues from Business and Apprentice Marketplace

So we're something that we're just really getting those economics in place.

SaaS Interviews with CEOs, Startups, Founders
$2.4m in SaaS Revenues from Business and Apprentice Marketplace

And then when we do have them in place, we can go to have, we can go have some meaningful conversation with investors and we'll have areas to deploy capital to really accelerate growth.

SaaS Interviews with CEOs, Startups, Founders
$2.4m in SaaS Revenues from Business and Apprentice Marketplace

20 people.