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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

We don't disclose this specific thing, but we're well over $100 million in revenue.

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

It's actually somewhere between 110% and 130%.

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

Yeah, so the last four quarters have been tough for us.

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

Why?

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

Because there's been two major transition points that have been going on.

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

The first is that as ad agencies have started to bring in their planning and buying and run more dollars through programmatic,

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

that has actually affected us where agencies didn't need our outsourced managed services as much as they did before.

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

They're bringing it in-house.

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

Yeah, they're taking it in-house.

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

And so because we had to rebuild the platform from ground up, we didn't get, I think, the market share that we would have liked to have had had we had the product in place 18 months ago, two years ago.

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

Um, that being said, you know, we just, we launched it in July and so we're pretty excited for next year.

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

So last four quarters, Frank, have been some of the toughest four quarters in the history of our company outside of the recession in 08 and 09.

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

I think this year, when you look at it, I think our growth rate is going to be in the single digits.

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

Yeah, the interest, and I'm a huge fan of Bill, love him.

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

And it's a really, since you know MediaOcean- Do you really?

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

I really do love him.

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

He's one of the greatest guys in the industry.

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

I love any time him and I get the chance to catch up.

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

Now, that being said, MediaOcean can be a friend.