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Sean Ellis

๐Ÿ‘ค Speaker
274 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
646: He Coined Term "Growth Hacking" After DropBox, EventBrite, LogMeIn Work, Now Launching Book "Hacking Growth" with Sean Ellis

And the insights that you can get from those sorts of questions are super powerful in A-B testing and trying to improve the customer experience.

SaaS Interviews with CEOs, Startups, Founders
646: He Coined Term "Growth Hacking" After DropBox, EventBrite, LogMeIn Work, Now Launching Book "Hacking Growth" with Sean Ellis

We never disclosed it, but it was- Less than what?

SaaS Interviews with CEOs, Startups, Founders
646: He Coined Term "Growth Hacking" After DropBox, EventBrite, LogMeIn Work, Now Launching Book "Hacking Growth" with Sean Ellis

It was like-

SaaS Interviews with CEOs, Startups, Founders
646: He Coined Term "Growth Hacking" After DropBox, EventBrite, LogMeIn Work, Now Launching Book "Hacking Growth" with Sean Ellis

It was way below $100,000 a month.

SaaS Interviews with CEOs, Startups, Founders
646: He Coined Term "Growth Hacking" After DropBox, EventBrite, LogMeIn Work, Now Launching Book "Hacking Growth" with Sean Ellis

Millions in ARR.

SaaS Interviews with CEOs, Startups, Founders
646: He Coined Term "Growth Hacking" After DropBox, EventBrite, LogMeIn Work, Now Launching Book "Hacking Growth" with Sean Ellis

That's as far as I'll go with it.

SaaS Interviews with CEOs, Startups, Founders
646: He Coined Term "Growth Hacking" After DropBox, EventBrite, LogMeIn Work, Now Launching Book "Hacking Growth" with Sean Ellis

Based on the acquirer, on my acquirer, I have an NDA on disclosing where the revenue is on the business.

SaaS Interviews with CEOs, Startups, Founders
646: He Coined Term "Growth Hacking" After DropBox, EventBrite, LogMeIn Work, Now Launching Book "Hacking Growth" with Sean Ellis

A company called Xenon.

SaaS Interviews with CEOs, Startups, Founders
646: He Coined Term "Growth Hacking" After DropBox, EventBrite, LogMeIn Work, Now Launching Book "Hacking Growth" with Sean Ellis

They basically, it was a very cashflow positive business.

SaaS Interviews with CEOs, Startups, Founders
646: He Coined Term "Growth Hacking" After DropBox, EventBrite, LogMeIn Work, Now Launching Book "Hacking Growth" with Sean Ellis

We were using a lot of the cash to fund what we thought as kind of our long-term, what really interested us on the growthhackers.com side.

SaaS Interviews with CEOs, Startups, Founders
646: He Coined Term "Growth Hacking" After DropBox, EventBrite, LogMeIn Work, Now Launching Book "Hacking Growth" with Sean Ellis

And so it was an asset sale of that business.

SaaS Interviews with CEOs, Startups, Founders
646: He Coined Term "Growth Hacking" After DropBox, EventBrite, LogMeIn Work, Now Launching Book "Hacking Growth" with Sean Ellis

And Xenon basically buys businesses and

SaaS Interviews with CEOs, Startups, Founders
646: He Coined Term "Growth Hacking" After DropBox, EventBrite, LogMeIn Work, Now Launching Book "Hacking Growth" with Sean Ellis

Generally buys businesses that don't have a lot of strong operations around them.

SaaS Interviews with CEOs, Startups, Founders
646: He Coined Term "Growth Hacking" After DropBox, EventBrite, LogMeIn Work, Now Launching Book "Hacking Growth" with Sean Ellis

But in this case, they were able to do it on a revenue multiple that made sense for them.

SaaS Interviews with CEOs, Startups, Founders
646: He Coined Term "Growth Hacking" After DropBox, EventBrite, LogMeIn Work, Now Launching Book "Hacking Growth" with Sean Ellis

And so we had a lot of the good operations in place.

SaaS Interviews with CEOs, Startups, Founders
646: He Coined Term "Growth Hacking" After DropBox, EventBrite, LogMeIn Work, Now Launching Book "Hacking Growth" with Sean Ellis

I wanted to sell it.

SaaS Interviews with CEOs, Startups, Founders
646: He Coined Term "Growth Hacking" After DropBox, EventBrite, LogMeIn Work, Now Launching Book "Hacking Growth" with Sean Ellis

Like for me, I was I just saw what we were doing with growth hackers as something that I thought could be that billion dollar company.

SaaS Interviews with CEOs, Startups, Founders
646: He Coined Term "Growth Hacking" After DropBox, EventBrite, LogMeIn Work, Now Launching Book "Hacking Growth" with Sean Ellis

And so for me, I wasn't trying to get top dollar for it.

SaaS Interviews with CEOs, Startups, Founders
646: He Coined Term "Growth Hacking" After DropBox, EventBrite, LogMeIn Work, Now Launching Book "Hacking Growth" with Sean Ellis

I was really trying to take a distraction off of my plate and go all in on where I thought the future was in the business.

SaaS Interviews with CEOs, Startups, Founders
646: He Coined Term "Growth Hacking" After DropBox, EventBrite, LogMeIn Work, Now Launching Book "Hacking Growth" with Sean Ellis

I have almost a seven figure advance on the book so that we're not losing money.