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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

So it's a new product and it's going to take a while.

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

It's a big product.

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

It's an enterprise product.

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

It's going to take a while to get traction in the market, but it's different.

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

The way that we have it set up is that there is a SaaS contract for the overall platform, but then there's a variable cost associated to the real-time bidding aspect of it.

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 I think we'd all like to see that the issue becomes

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

in the infrastructure of the, I use the word high frequency trading because people understand that.

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

It's a huge infrastructure cost.

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

It's also created a ton of barriers to entry into the business.

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

Velocity and the speed.

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

It's why crypto hasn't been able to actually penetrate or move into something like this yet.

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

We've looked at it extensively and it's just not there yet.

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

the handoffs are way too slow, uh, between it.

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

Um, but you're going to, so the scalability on the infrastructure is incredibly, I think this year we're going to spend something like 8 million or $9 million just on infrastructure and bidding costs or, you know, bidding infrastructure.

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

Well, there's, yeah, there's the, actually the one thing, and I don't know how much you have talked about this with your, with your listeners.

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

I'll explain it real quick because it's super, super interesting.

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

Every single impression on the internet for the most part is in an auction.

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

Okay.