RJ Friedlander
๐ค SpeakerAppearances Over Time
Podcast Appearances
They have one property.
It's an independent property with seven rooms.
And our biggest client, as I said, is
It's a restaurant that has 1,300 properties globally.
So that was one of our successes as a SaaS company is we were able to build a product that was relevant for all segments and that we were able to build a customer acquisition strategy built around content.
And we were able to drive leads and volume across all segments.
And then while we also and obviously do face-to-face sales,
A large part of our sales are done over the telephone and remotely.
So that was what allowed us to scale the business.
You know, I sold the company about two years ago to the largest hotel technology company in the world.
It's called Shiji.
When we sold the company, we had 62 full-time employees, right?
And so we've grown the business and the team significantly since the acquisition.
But we were a very, very optimized company that was very capital efficient.
and our ability to build a great product and scale the business.
And the reported price on that was 35 million bucks.
Well, they acquired 80% initially and the price was higher than that.
Right.
Well, first of all, I love the business and I love the team and the product and our clients.
And when Shiji acquired us, we had just launched two of our of the products I mentioned.