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Steven Morell

๐Ÿ‘ค Speaker
167 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
They Grew 60% YoY to $4.2m Revenue By Spending $300k on FB Ads

60% growth year over year.

SaaS Interviews with CEOs, Startups, Founders
They Grew 60% YoY to $4.2m Revenue By Spending $300k on FB Ads

Absolutely.

SaaS Interviews with CEOs, Startups, Founders
They Grew 60% YoY to $4.2m Revenue By Spending $300k on FB Ads

Good.

SaaS Interviews with CEOs, Startups, Founders
They Grew 60% YoY to $4.2m Revenue By Spending $300k on FB Ads

No, we we've been raising, um, multiple times.

SaaS Interviews with CEOs, Startups, Founders
They Grew 60% YoY to $4.2m Revenue By Spending $300k on FB Ads

I'm not at Liberty to go into details.

SaaS Interviews with CEOs, Startups, Founders
They Grew 60% YoY to $4.2m Revenue By Spending $300k on FB Ads

But they raised the first time when I wasn't around.

SaaS Interviews with CEOs, Startups, Founders
They Grew 60% YoY to $4.2m Revenue By Spending $300k on FB Ads

And then, you know, the thing is, you cannot bootstrap NLG because you have to put in years of software development.

SaaS Interviews with CEOs, Startups, Founders
They Grew 60% YoY to $4.2m Revenue By Spending $300k on FB Ads

And that's very, very difficult to do.

SaaS Interviews with CEOs, Startups, Founders
They Grew 60% YoY to $4.2m Revenue By Spending $300k on FB Ads

There's only like five companies out there who do natural language generation at all.

SaaS Interviews with CEOs, Startups, Founders
They Grew 60% YoY to $4.2m Revenue By Spending $300k on FB Ads

And coming up with a product that everyone can use and that supports 110 languages is

SaaS Interviews with CEOs, Startups, Founders
They Grew 60% YoY to $4.2m Revenue By Spending $300k on FB Ads

Man, imagine the grammar of 110 languages.

SaaS Interviews with CEOs, Startups, Founders
They Grew 60% YoY to $4.2m Revenue By Spending $300k on FB Ads

This is not sending emails or doing on-page analysis or something.

SaaS Interviews with CEOs, Startups, Founders
They Grew 60% YoY to $4.2m Revenue By Spending $300k on FB Ads

This is really high tech.

SaaS Interviews with CEOs, Startups, Founders
They Grew 60% YoY to $4.2m Revenue By Spending $300k on FB Ads

Roughly around 40.

SaaS Interviews with CEOs, Startups, Founders
They Grew 60% YoY to $4.2m Revenue By Spending $300k on FB Ads

I'd say maybe you could divide it up in similar size teams, sales teams.

SaaS Interviews with CEOs, Startups, Founders
They Grew 60% YoY to $4.2m Revenue By Spending $300k on FB Ads

customer success, administration.

SaaS Interviews with CEOs, Startups, Founders
They Grew 60% YoY to $4.2m Revenue By Spending $300k on FB Ads

Probably 10.

SaaS Interviews with CEOs, Startups, Founders
They Grew 60% YoY to $4.2m Revenue By Spending $300k on FB Ads

This is not how we built, how we built our sales team.

SaaS Interviews with CEOs, Startups, Founders
They Grew 60% YoY to $4.2m Revenue By Spending $300k on FB Ads

The sales team works as a team and not as sales reps who compete against each other.

SaaS Interviews with CEOs, Startups, Founders
They Grew 60% YoY to $4.2m Revenue By Spending $300k on FB Ads

Does the team have a quota?