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Venkat Nagaswamy

๐Ÿ‘ค Speaker
148 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
773: Can $1m MRR Company Grow Into $10m Post Money Valuation?

We used our AI platform to find more companies like the ones that they were successful with and found more people within those companies that we found that they were successful with.

SaaS Interviews with CEOs, Startups, Founders
773: Can $1m MRR Company Grow Into $10m Post Money Valuation?

And we created this audience for them on Facebook.

SaaS Interviews with CEOs, Startups, Founders
773: Can $1m MRR Company Grow Into $10m Post Money Valuation?

They've been running campaigns on that for the past 10 months or so, and they've had great success, right?

SaaS Interviews with CEOs, Startups, Founders
773: Can $1m MRR Company Grow Into $10m Post Money Valuation?

To put this in context, these guys are people who spend something like 50 bucks a click to all the way up to 100 bucks a click on Google AdWords for something like help to software, and they were able to increase their lead volume like four times based on Mariana.

SaaS Interviews with CEOs, Startups, Founders
773: Can $1m MRR Company Grow Into $10m Post Money Valuation?

while holding the cost, while improving their success rate.

SaaS Interviews with CEOs, Startups, Founders
773: Can $1m MRR Company Grow Into $10m Post Money Valuation?

Now, they didn't tell us how much their success rate improved by because we would then increase the prices.

SaaS Interviews with CEOs, Startups, Founders
773: Can $1m MRR Company Grow Into $10m Post Money Valuation?

But they said it improved, increased their quality.

SaaS Interviews with CEOs, Startups, Founders
773: Can $1m MRR Company Grow Into $10m Post Money Valuation?

So we got better quality, four times the volume while keeping the cost the same.

SaaS Interviews with CEOs, Startups, Founders
773: Can $1m MRR Company Grow Into $10m Post Money Valuation?

That's great.

SaaS Interviews with CEOs, Startups, Founders
773: Can $1m MRR Company Grow Into $10m Post Money Valuation?

Because of this AI that underlies what we do.

SaaS Interviews with CEOs, Startups, Founders
773: Can $1m MRR Company Grow Into $10m Post Money Valuation?

We did raise capital from first.

SaaS Interviews with CEOs, Startups, Founders
773: Can $1m MRR Company Grow Into $10m Post Money Valuation?

We did a seed round in 2014.

SaaS Interviews with CEOs, Startups, Founders
773: Can $1m MRR Company Grow Into $10m Post Money Valuation?

Bloomberg Capital led the round, and we also had prominent angel investors like Gokul and Rajaram.

SaaS Interviews with CEOs, Startups, Founders
773: Can $1m MRR Company Grow Into $10m Post Money Valuation?

It's Bloomberg.

SaaS Interviews with CEOs, Startups, Founders
773: Can $1m MRR Company Grow Into $10m Post Money Valuation?

It's B-L-U-M.

SaaS Interviews with CEOs, Startups, Founders
773: Can $1m MRR Company Grow Into $10m Post Money Valuation?

So David Blumberg is the main guy.

SaaS Interviews with CEOs, Startups, Founders
773: Can $1m MRR Company Grow Into $10m Post Money Valuation?

Bruce Tarragon is the guy on my board.

SaaS Interviews with CEOs, Startups, Founders
773: Can $1m MRR Company Grow Into $10m Post Money Valuation?

He's my man.

SaaS Interviews with CEOs, Startups, Founders
773: Can $1m MRR Company Grow Into $10m Post Money Valuation?

These guys were behind.

SaaS Interviews with CEOs, Startups, Founders
773: Can $1m MRR Company Grow Into $10m Post Money Valuation?

I mean, they've been around for 30, 40 years.