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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

Kahuna is that platform that lets you engage more buyers, more sellers as much as you need.

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

As you're growing more, you're going to need to engage with them more.

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

There's more buyers, more sellers.

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

Kahuna charges you based on the usage of the platform.

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

So as your business is growing, we'll come to you and say, look, this is kind of the estimate based on what you bought, right?

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

It looks like your usage is trending in a different direction.

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

You know, there's obviously a facility for you to pay for overages, but at some point it's better for you to just consider what your new ARR should be so you're not paying at an overage rate.

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

It's just sort of a flat, budgetable, forecastable thing.

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

And customers like that.

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

So, you know, we'll try not to go to them six months later and say, here's a bill, right?

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

We try not to.

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

Definitely less than a year.

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

Definitely less than a year.

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

I think we've gotten our lead gen machines down to a place that we're feeling really, really good about in terms of understanding what are the troughs of customers that fit within different average ARR values and what is the cost basis to go acquire some of those customers.

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

I think the other thing that is pretty germane and one of the reasons why this is also part of the decision of figuring out which markets to go after

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

You know, as you can imagine, there's this land grab I mentioned earlier around marketplaces.

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

The good news is that these are all customers who have to make decisions fast.

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

So whether you're spending $20,000 ARR or $250,000 ARR, it doesn't follow the usual tax economics of, well, a $300,000 deal should take nine months to close.

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

Not true, nobody has nine months in this market.

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

If you're trying to like keep Uber out of your country or Airbnb out of your country, you don't have nine months to make any decisions.