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Shawn Riegsecker

๐Ÿ‘ค Speaker
233 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
913 Adtech: Revenues of $110m on $500m Spend, How it breaks down

That specific impression on your website, it goes through and in, you know, milliseconds, you know, multiple auctions across the internet, people bid and they actually buy that one impression.

SaaS Interviews with CEOs, Startups, Founders
913 Adtech: Revenues of $110m on $500m Spend, How it breaks down

Now we're processing about 3 million single queries and auctions every single second of every single day.

SaaS Interviews with CEOs, Startups, Founders
913 Adtech: Revenues of $110m on $500m Spend, How it breaks down

At the same point, we have to store,

SaaS Interviews with CEOs, Startups, Founders
913 Adtech: Revenues of $110m on $500m Spend, How it breaks down

audience profiles.

SaaS Interviews with CEOs, Startups, Founders
913 Adtech: Revenues of $110m on $500m Spend, How it breaks down

So we have, we're storing about 7 billion audience profiles in what we call hot, you know, it's hot storage.

SaaS Interviews with CEOs, Startups, Founders
913 Adtech: Revenues of $110m on $500m Spend, How it breaks down

They've got to be able to be fired at at any single second.

SaaS Interviews with CEOs, Startups, Founders
913 Adtech: Revenues of $110m on $500m Spend, How it breaks down

And all that together just creates a huge, massive infrastructure challenge for us.

SaaS Interviews with CEOs, Startups, Founders
913 Adtech: Revenues of $110m on $500m Spend, How it breaks down

Yeah.

SaaS Interviews with CEOs, Startups, Founders
913 Adtech: Revenues of $110m on $500m Spend, How it breaks down

And it's a relative statement.

SaaS Interviews with CEOs, Startups, Founders
913 Adtech: Revenues of $110m on $500m Spend, How it breaks down

So we've raised 52 million, uh, in three different rounds, starting with our angel round or C ground.

SaaS Interviews with CEOs, Startups, Founders
913 Adtech: Revenues of $110m on $500m Spend, How it breaks down

Um,

SaaS Interviews with CEOs, Startups, Founders
913 Adtech: Revenues of $110m on $500m Spend, How it breaks down

Relative meaning that we've raised a hell of a lot less than almost every other competitor inside of our space.

SaaS Interviews with CEOs, Startups, Founders
913 Adtech: Revenues of $110m on $500m Spend, How it breaks down

From a philosophical perspective, and I talk to entrepreneurs all the time and I say, look, you know, there are muscles you can build inside your organization.

SaaS Interviews with CEOs, Startups, Founders
913 Adtech: Revenues of $110m on $500m Spend, How it breaks down

OK, one muscle is I'm really good at raising capital and really great at spending money.

SaaS Interviews with CEOs, Startups, Founders
913 Adtech: Revenues of $110m on $500m Spend, How it breaks down

Or you can say, I'm actually really good at figuring out how to sell my way into innovation.

SaaS Interviews with CEOs, Startups, Founders
913 Adtech: Revenues of $110m on $500m Spend, How it breaks down

And that's the muscle that we really try to develop over time.

SaaS Interviews with CEOs, Startups, Founders
913 Adtech: Revenues of $110m on $500m Spend, How it breaks down

Most of the dollars that we've raised have gone to acquisitions of other companies.

SaaS Interviews with CEOs, Startups, Founders
913 Adtech: Revenues of $110m on $500m Spend, How it breaks down

Look, and as far as where we're at from an overall company perspective, we just launched a new product.

SaaS Interviews with CEOs, Startups, Founders
913 Adtech: Revenues of $110m on $500m Spend, How it breaks down

I think it's going to be amazing for the industry.

SaaS Interviews with CEOs, Startups, Founders
913 Adtech: Revenues of $110m on $500m Spend, How it breaks down

I think we've got a huge new S-curve that's coming into our space.