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Tomer Levy

๐Ÿ‘ค Speaker
199 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
748: How to Use Open Source Project As Lead Gen from $3m+ ARR Founder

So we're based in Tel Aviv, Israel, a big part of the team, where we founded the company.

SaaS Interviews with CEOs, Startups, Founders
748: How to Use Open Source Project As Lead Gen from $3m+ ARR Founder

We're Israelis, two Israeli founders.

SaaS Interviews with CEOs, Startups, Founders
748: How to Use Open Source Project As Lead Gen from $3m+ ARR Founder

So R&D in Israel, and now I'm actually talking to you from Boston, from our Boston office.

SaaS Interviews with CEOs, Startups, Founders
748: How to Use Open Source Project As Lead Gen from $3m+ ARR Founder

So we have a growing team in Boston here, and it's where most of the go-to-market activity is here in Boston.

SaaS Interviews with CEOs, Startups, Founders
748: How to Use Open Source Project As Lead Gen from $3m+ ARR Founder

So the way we look at it is if you look at the self-service people who sign up on their own, they do something, this will have a higher churn rate.

SaaS Interviews with CEOs, Startups, Founders
748: How to Use Open Source Project As Lead Gen from $3m+ ARR Founder

It's still single digits yearly, like still less than 10% yearly.

SaaS Interviews with CEOs, Startups, Founders
748: How to Use Open Source Project As Lead Gen from $3m+ ARR Founder

Okay.

SaaS Interviews with CEOs, Startups, Founders
748: How to Use Open Source Project As Lead Gen from $3m+ ARR Founder

And once you pay, I would say 10K a year,

SaaS Interviews with CEOs, Startups, Founders
748: How to Use Open Source Project As Lead Gen from $3m+ ARR Founder

I would say very close to zero.

SaaS Interviews with CEOs, Startups, Founders
748: How to Use Open Source Project As Lead Gen from $3m+ ARR Founder

Sure.

SaaS Interviews with CEOs, Startups, Founders
748: How to Use Open Source Project As Lead Gen from $3m+ ARR Founder

So we're very much a land and expand business.

SaaS Interviews with CEOs, Startups, Founders
748: How to Use Open Source Project As Lead Gen from $3m+ ARR Founder

We see, you know, a year and a half, but we see the growth of existing accounts.

SaaS Interviews with CEOs, Startups, Founders
748: How to Use Open Source Project As Lead Gen from $3m+ ARR Founder

And the low churn.

SaaS Interviews with CEOs, Startups, Founders
748: How to Use Open Source Project As Lead Gen from $3m+ ARR Founder

And it gives us the confidence that we should bring customers to where they feel comfortable coming.

SaaS Interviews with CEOs, Startups, Founders
748: How to Use Open Source Project As Lead Gen from $3m+ ARR Founder

If they feel comfortable coming in with a small project for $5,000 or $10,000 or $20,000, that's perfect for us.

SaaS Interviews with CEOs, Startups, Founders
748: How to Use Open Source Project As Lead Gen from $3m+ ARR Founder

And if you're happy, and usually you are happy, you will grow.

SaaS Interviews with CEOs, Startups, Founders
748: How to Use Open Source Project As Lead Gen from $3m+ ARR Founder

So when we look at how much do we want to invest in bringing a customer, currently it's extremely low.

SaaS Interviews with CEOs, Startups, Founders
748: How to Use Open Source Project As Lead Gen from $3m+ ARR Founder

It's way beyond the standard of the industry because we bring customers through content.

SaaS Interviews with CEOs, Startups, Founders
748: How to Use Open Source Project As Lead Gen from $3m+ ARR Founder

Marketing is a pretty big team, like relatively, I would say probably eight or nine.

SaaS Interviews with CEOs, Startups, Founders
748: How to Use Open Source Project As Lead Gen from $3m+ ARR Founder

Sales team is about 10.