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Yoa Pridor is the CEO of Buzzilla (https://www.buzzilla.com/)
π Time Stamped Show Notes:
00:00 β Nathan's introduction to today's show
0:40 β How Buzzilla has been built as a social listening tool
1:20 β Why they offer both SaaS and professional services
1:40 β How 60% of their revenue comes from SaaS today
2:45 β Why people are paying $500 per seat, each month on average
3:15 β How they''ve grown to serve small enterprises
4:15 β Why the average customer is between three and ten seats
4:25 β How they launched the business in 2010 with $1.6M in total funding
4:55 β Why they've grown 40% in the last 12 months
5:30 β How Buzzilla landed almost 300 total companies
6:00 β Why they are doing around $400k in MRR right now
6:25 β How growth has come mostly from new customers thus far
8:45 β Why they've expanded to help governments monitor senitment
9:20 β How they are at 110% net revenue retention annually
10:15 β Why they are landing new customers through word of mouth and online marketing
10:45 β How their team has grown to 25 full-time employees in Israel
11:10 β Why they assume a lifetime value of around $65k over 42 months
12:00 β How their SaaS margins are around 80% with 40% margins on their professional services
12:25 β Why they aren't interested in raising additional capital at this point in time
13:10 β "Would you sell for $20M right now?"
13:35 β The Famous Five