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Sean Sankaran

๐Ÿ‘ค Speaker
147 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
$1m in Revenue and $15m Valuation, What GDPR Compliance Tool FixNix Is Building

Yes, we are seeing a huge traction post COVID-19.

SaaS Interviews with CEOs, Startups, Founders
$1m in Revenue and $15m Valuation, What GDPR Compliance Tool FixNix Is Building

Why is that?

SaaS Interviews with CEOs, Startups, Founders
$1m in Revenue and $15m Valuation, What GDPR Compliance Tool FixNix Is Building

Because I think everybody have moved remote.

SaaS Interviews with CEOs, Startups, Founders
$1m in Revenue and $15m Valuation, What GDPR Compliance Tool FixNix Is Building

Previously, everybody, when you go ask them, try cybersecurity, they used to say that they don't need it actually at that point of time.

SaaS Interviews with CEOs, Startups, Founders
$1m in Revenue and $15m Valuation, What GDPR Compliance Tool FixNix Is Building

But now everybody working from remote, everybody is able to realize the importance of cybersecurity, data loss prevention, etc.

SaaS Interviews with CEOs, Startups, Founders
$1m in Revenue and $15m Valuation, What GDPR Compliance Tool FixNix Is Building

We got to grow faster.

SaaS Interviews with CEOs, Startups, Founders
$1m in Revenue and $15m Valuation, What GDPR Compliance Tool FixNix Is Building

Minimum is 100% over the past several years.

SaaS Interviews with CEOs, Startups, Founders
$1m in Revenue and $15m Valuation, What GDPR Compliance Tool FixNix Is Building

Yes, I'm good, Nathan.

SaaS Interviews with CEOs, Startups, Founders
$1m in Revenue and $15m Valuation, What GDPR Compliance Tool FixNix Is Building

No, we are a SaaS company.

SaaS Interviews with CEOs, Startups, Founders
$1m in Revenue and $15m Valuation, What GDPR Compliance Tool FixNix Is Building

People pay for the security services.

SaaS Interviews with CEOs, Startups, Founders
$1m in Revenue and $15m Valuation, What GDPR Compliance Tool FixNix Is Building

They want us to automate their cybersecurity processes, Nathan.

SaaS Interviews with CEOs, Startups, Founders
$1m in Revenue and $15m Valuation, What GDPR Compliance Tool FixNix Is Building

$500 to $6,000.

SaaS Interviews with CEOs, Startups, Founders
$1m in Revenue and $15m Valuation, What GDPR Compliance Tool FixNix Is Building

Okay.

SaaS Interviews with CEOs, Startups, Founders
$1m in Revenue and $15m Valuation, What GDPR Compliance Tool FixNix Is Building

That's the lowest.

SaaS Interviews with CEOs, Startups, Founders
$1m in Revenue and $15m Valuation, What GDPR Compliance Tool FixNix Is Building

Even they pay $6,000 per month.

SaaS Interviews with CEOs, Startups, Founders
$1m in Revenue and $15m Valuation, What GDPR Compliance Tool FixNix Is Building

Average is maybe $2,500.

SaaS Interviews with CEOs, Startups, Founders
$1m in Revenue and $15m Valuation, What GDPR Compliance Tool FixNix Is Building

They pay for automating their cybersecurity processes like NIST, SOC2.

SaaS Interviews with CEOs, Startups, Founders
$1m in Revenue and $15m Valuation, What GDPR Compliance Tool FixNix Is Building

So in case if they have a very minimal need to set up few processes, so they pay less, they start small, they are a startup, they just want to get on to cybersecurity, they are just on the initial level of cybersecurity maturity, they pay less.

SaaS Interviews with CEOs, Startups, Founders
$1m in Revenue and $15m Valuation, What GDPR Compliance Tool FixNix Is Building

But when they kind of upgrade themselves, they try to upscale themselves on maturity of cybersecurity, they adopt more processes, they automate more workflows, that's when they pay more.

SaaS Interviews with CEOs, Startups, Founders
$1m in Revenue and $15m Valuation, What GDPR Compliance Tool FixNix Is Building

It's eight years before.

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