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Osman Rashid

๐Ÿ‘ค Speaker
142 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
1595 Chegg Founder's New SaaS Company Breaks $7m ARR To Help CNBC Communicate

I came here when I was 19, and I've been here for almost 30 years.

SaaS Interviews with CEOs, Startups, Founders
1595 Chegg Founder's New SaaS Company Breaks $7m ARR To Help CNBC Communicate

So there's a dynamic workforce growing up in a place like Pakistan.

SaaS Interviews with CEOs, Startups, Founders
1595 Chegg Founder's New SaaS Company Breaks $7m ARR To Help CNBC Communicate

I wanted to leverage my personal connections.

SaaS Interviews with CEOs, Startups, Founders
1595 Chegg Founder's New SaaS Company Breaks $7m ARR To Help CNBC Communicate

Yes, we have roughly 250 customers.

SaaS Interviews with CEOs, Startups, Founders
1595 Chegg Founder's New SaaS Company Breaks $7m ARR To Help CNBC Communicate

And we, you know, one of our customers is CNBC and all breaking news that happens on CNBC goes through Convo because that's the breaking news group uses Convo as their collaboration tool as well, just to give an idea of the kind of customers that we have.

SaaS Interviews with CEOs, Startups, Founders
1595 Chegg Founder's New SaaS Company Breaks $7m ARR To Help CNBC Communicate

Yeah, so we have a good customer base in media.

SaaS Interviews with CEOs, Startups, Founders
1595 Chegg Founder's New SaaS Company Breaks $7m ARR To Help CNBC Communicate

We actually are customers from 17 different verticals.

SaaS Interviews with CEOs, Startups, Founders
1595 Chegg Founder's New SaaS Company Breaks $7m ARR To Help CNBC Communicate

And just recently we deployed, we launched a retail collaboration platform to go after the retail channel because of having an anchor client like H&M.

SaaS Interviews with CEOs, Startups, Founders
1595 Chegg Founder's New SaaS Company Breaks $7m ARR To Help CNBC Communicate

So our focus in the US is more on retail, but incoming customers can be from technology, from healthcare, from really different, 17 different verticals.

SaaS Interviews with CEOs, Startups, Founders
1595 Chegg Founder's New SaaS Company Breaks $7m ARR To Help CNBC Communicate

So we don't give actual numbers for the company because we are a private organization.

SaaS Interviews with CEOs, Startups, Founders
1595 Chegg Founder's New SaaS Company Breaks $7m ARR To Help CNBC Communicate

But what I can tell you, it's in the six figures.

SaaS Interviews with CEOs, Startups, Founders
1595 Chegg Founder's New SaaS Company Breaks $7m ARR To Help CNBC Communicate

So it's a combination.

SaaS Interviews with CEOs, Startups, Founders
1595 Chegg Founder's New SaaS Company Breaks $7m ARR To Help CNBC Communicate

We certainly have incoming from customers who may have an RFP and they're requesting quotes.

SaaS Interviews with CEOs, Startups, Founders
1595 Chegg Founder's New SaaS Company Breaks $7m ARR To Help CNBC Communicate

So you can have that.

SaaS Interviews with CEOs, Startups, Founders
1595 Chegg Founder's New SaaS Company Breaks $7m ARR To Help CNBC Communicate

But what we find typically is the big enterprise shows up within Convo and start using the platform.

SaaS Interviews with CEOs, Startups, Founders
1595 Chegg Founder's New SaaS Company Breaks $7m ARR To Help CNBC Communicate

They like it, the project.

SaaS Interviews with CEOs, Startups, Founders
1595 Chegg Founder's New SaaS Company Breaks $7m ARR To Help CNBC Communicate

We love for you to engage with it.

SaaS Interviews with CEOs, Startups, Founders
1595 Chegg Founder's New SaaS Company Breaks $7m ARR To Help CNBC Communicate

And that's where the sales cycle starts.

SaaS Interviews with CEOs, Startups, Founders
1595 Chegg Founder's New SaaS Company Breaks $7m ARR To Help CNBC Communicate

But then we have active outreach to customers in retail channels and other places where we're talking to executives.

SaaS Interviews with CEOs, Startups, Founders
1595 Chegg Founder's New SaaS Company Breaks $7m ARR To Help CNBC Communicate

So it's a combination.