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Samir Patel

๐Ÿ‘ค Speaker
182 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
1395 Kahuna Helps Marketplaces Keep Buyers and Sellers Engaged, Way more than $3m in ARR

Some of them are mid stage, late stage.

SaaS Interviews with CEOs, Startups, Founders
1395 Kahuna Helps Marketplaces Keep Buyers and Sellers Engaged, Way more than $3m in ARR

And just like, you know, they're all, many of them are venture backed companies as well, at least at the lower end.

SaaS Interviews with CEOs, Startups, Founders
1395 Kahuna Helps Marketplaces Keep Buyers and Sellers Engaged, Way more than $3m in ARR

Right.

SaaS Interviews with CEOs, Startups, Founders
1395 Kahuna Helps Marketplaces Keep Buyers and Sellers Engaged, Way more than $3m in ARR

So the same venture economics that apply to any other company apply to them as well.

SaaS Interviews with CEOs, Startups, Founders
1395 Kahuna Helps Marketplaces Keep Buyers and Sellers Engaged, Way more than $3m in ARR

So we, uh,

SaaS Interviews with CEOs, Startups, Founders
1395 Kahuna Helps Marketplaces Keep Buyers and Sellers Engaged, Way more than $3m in ARR

You know, we've been fortunate to align ourselves with companies that are right at that point where growth matters.

SaaS Interviews with CEOs, Startups, Founders
1395 Kahuna Helps Marketplaces Keep Buyers and Sellers Engaged, Way more than $3m in ARR

You know, and we're not, we have to figure out exactly when we get into those companies to be able to manage that because the last thing we need is

SaaS Interviews with CEOs, Startups, Founders
1395 Kahuna Helps Marketplaces Keep Buyers and Sellers Engaged, Way more than $3m in ARR

our entire customer base following the usual SaaS economics of, you know, one in 10 will survive, right?

SaaS Interviews with CEOs, Startups, Founders
1395 Kahuna Helps Marketplaces Keep Buyers and Sellers Engaged, Way more than $3m in ARR

We don't, we don't need to be, that's something we don't want to be chasing.

SaaS Interviews with CEOs, Startups, Founders
1395 Kahuna Helps Marketplaces Keep Buyers and Sellers Engaged, Way more than $3m in ARR

Yeah.

SaaS Interviews with CEOs, Startups, Founders
1395 Kahuna Helps Marketplaces Keep Buyers and Sellers Engaged, Way more than $3m in ARR

So our, our, our net churn is, is easily becomes over a hundred percent just because, you know, your net retention, not net churn.

SaaS Interviews with CEOs, Startups, Founders
1395 Kahuna Helps Marketplaces Keep Buyers and Sellers Engaged, Way more than $3m in ARR

Right.

SaaS Interviews with CEOs, Startups, Founders
1395 Kahuna Helps Marketplaces Keep Buyers and Sellers Engaged, Way more than $3m in ARR

So, yeah.

SaaS Interviews with CEOs, Startups, Founders
1395 Kahuna Helps Marketplaces Keep Buyers and Sellers Engaged, Way more than $3m in ARR

So if you're, I mean, whichever way you want to go with that, but yes, but the idea being that our internal growth within each customer in this business is something that is, you know, because we grow and we charge based on their usage, right?

SaaS Interviews with CEOs, Startups, Founders
1395 Kahuna Helps Marketplaces Keep Buyers and Sellers Engaged, Way more than $3m in ARR

As they grow, we grow.

SaaS Interviews with CEOs, Startups, Founders
1395 Kahuna Helps Marketplaces Keep Buyers and Sellers Engaged, Way more than $3m in ARR

And it's not a per seat kind of, it's a per, you know, it's events and it's the volume at which they use the product that drives it.

SaaS Interviews with CEOs, Startups, Founders
1395 Kahuna Helps Marketplaces Keep Buyers and Sellers Engaged, Way more than $3m in ARR

So as their businesses go, many of them enter new markets, they take us along with them, right?

SaaS Interviews with CEOs, Startups, Founders
1395 Kahuna Helps Marketplaces Keep Buyers and Sellers Engaged, Way more than $3m in ARR

Much like a lot of marketing automation platforms, you know, have done in the old school world of e-commerce.

SaaS Interviews with CEOs, Startups, Founders
1395 Kahuna Helps Marketplaces Keep Buyers and Sellers Engaged, Way more than $3m in ARR

So we follow some of those same dynamics.

SaaS Interviews with CEOs, Startups, Founders
1395 Kahuna Helps Marketplaces Keep Buyers and Sellers Engaged, Way more than $3m in ARR

Volume is, look, if you're a fast-growing business, you're trying to engage more buyers, more sellers more often, right?