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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

By the end of 2012, I said, you know what?

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

We've got a great platform, but it's not the right platform for the future of this industry.

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

So I made a decision no one ever wants to make.

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

from ground up starting in 2013.

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

And our goal was to rebuild in three years, a better platform and more comprehensive than what it took us six years to build.

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

So along the way, we decided that we were going to buy a demand side platform to do the real-time bidding that we talked about.

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

Purchase SiteScout out of Toronto.

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

They were the leading Canadian DSP

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

amazing folks, amazing software.

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

And then we rebuilt the platform we had, and then we connected everything.

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

So in July of this year is when we officially announced the brand new platform of central called basis.

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

And so we're in the early stages of what, you know, I'll refer, I always refer to as a new escrow.

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

It's a new product in the market that does different things.

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

And so we're, we're, we're on the, we're retraining our sales force.

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

We're getting that out into the market.

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

But the majority of our business, they have a half a billion that's going to run through us, approximately 150 to 175 million of that.

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

is what you would refer to as self-service and the rest is all coming through our managed services business.

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

Yeah, yeah, that's exactly correct.

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

Self-service business just looks very different from a margin perspective, but we're very, we're, we're really transparent.

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

Um, when we've got a solid relationship with the client, we say, look, this is what the cost is for our services.