Nathan Latka
๐ค SpeakerAppearances Over Time
Podcast Appearances
We see Paddle and some others in the UK trying to capture this.
Now, Stripe is a big player.
So I guess when I hear you say that in order for a meter to work or for anyone to do, you know, metered pricing, they first have to capture the product usage data and then sort of bill against it.
Those are two, I mean, Pendo only does, you know, product usage and they're a multi-billion dollar company.
There's others that only do the billing and their multi-billion dollar companies are there.
You have to do both of them to sort of make this work.
Give me an example of a customer using you today and a version of sort of usage based or product tracking that they would do in their specific business that then they bill against.
That makes a lot of sense.
So I guess today, and we'll go back to your founding story here in a second.
I just want the snap and shot today first, and then we'll go get the story.
But today, how many companies like SIF Science actively use meter to do their usage-based billing?
Can you give a, I understand you have to say slightly vague, but can you put us at least in the right sort of world?
Are we talking like five enterprise customers or like 5 million low ARPU high volume customers?
Thanks for that range.
It puts us at least in the right ballpark.
So fair to say you guys started between 10 and 100 customers and you're focused on ones that are doing it ideally north of 50 million of revenue because it requires more complexity.
Let's go back to the backstory here.
You were CEO of GameSparks.
Did you guys build your own custom billing engine for like, you know, credits to get virtual swords in the games?
I mean, how did you experience this problem directly yourself?