Dax Dasilva: Quadrupling initial pricing transformed Lightspeed's revenue and product development
Dax Dasilva · Dax Dasilva: $900M ARR at $2.6BN Market Cap?! Lightspeed, The Most Undervalued Public Company |E1188 · 20VC with Harry Stebbings · Aug 9, 2024 · at 42:12
Dax Dasilva is the Founder & CEO of Lightspeed Commerce. He describes how early pricing feedback led Lightspeed to raise its software prices 4x.
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“Showed that business plan to a colleague of my father, and he was like, times four. Multiply that, that, that price times four. And I was like, that's crazy. Like, I can't ask for times four. That changed everything. We had four times the revenue. We had four times the amount to invest. We had four times a better product. Everything changed.”
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