Cloudbeds
company on 1 show · 33 statements across 2 episodes · said 54 times in 3 episodes since 2019
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Top Founders 54
2023 26 mentions in 2 episodes 13 per episode
2019 28 mentions in 1 episode
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33 statements about Cloudbeds, every show
Harris: Cloudbeds has 400 partner integrations in its marketplace
“We have upsell capability these days, and then we also have a marketplace of 400 different partners that can be introduced into the equation.”
Harris: Cloudbeds Has Lending on Its Product Roadmap to Explore
“And it's something that we definitely have on the roadmap to explore.”
Harris: Cloudbeds aims to drive $1 billion in bookings through Amplify
“Our hope is to do a billion next year through that. But we're doing millions of dollars a day now.”
Harris: Cloudbeds' Amplify product delivers a 13x return on ad spend
“The ROAS on all of that dollar spent with us is in the teens in terms of Multiple return on, on, on their money spent. So like giving a 13 X return on every dollar they spend with us is beautiful.”
Harris: Cloudbeds' target market spends $87 billion annually on intermediary fees
“The TAM that we service today, Or I guess a SAM that we service today spends about eighty-seven billion dollars a year in intermediary fees.”
Harris: CloudBeds handles over $10 billion in GMV
“We do over ten billion dollars in GMV. Just in reservations within the key markets that we serve.”
Harris: CloudBeds fintech accounts for under 20% of revenue
“It's less than 20% of our overall revenue, but it's fast growing. It's multiple hundred percent year over year growth rates in that sector.”
Harris: CloudBeds grew at over 75% CAGR over three years
“You know, we've grown over a 75% CAGR in the last three years, so really, really top quartile growth rates, and that's continued to sort of maintain.”
Harris: Cloudbeds employs 757 people across 41 countries
“We're 757 people in 41 countries around the world now.”
Harris: Cloudbeds operates in 157 markets across 2.5M beds
“We do it in a 157 markets across two and a half million beds in this world.”
CloudBeds Refuses to Pool or Aggregate Guest Data Across Independent Properties
“We don't, we do not bring data together across properties.”
CloudBeds Is Intentionally Cash-Flow Negative to Reinvest in Growth
“We are not. No, we're focused on, you know, we're investing in areas that we see growth in, and we've deliberately not be, not become cashflow positive, but we have a roadmap to get there.”
CloudBeds Has Received Buyout Offers at Very High Multiples
“Oh, I mean, I can't say we haven't had those looks. And we've definitely been offered some ridiculous multiples today.”
CloudBeds' Global Workforce Spans 35 Countries and Speaks 17 Languages
“So 35 different countries. We speak 17 different languages as a team.”
CloudBeds Achieves an Average Global CAC Payback Period of Ten Months
“So if you took an average across our entire geos, it's more like 10 months, but it's a, that's a good figure.”
CloudBeds Grew From 60 to 197 Employees in One Year
“So last time, so last, a little bit before this point last year, we were about 60 people and we're at 197 people today.”
CloudBeds Maintains an Annualized Net Churn Rate Below 15%
“Depending on the month, it ranges, but on a net basis, we're sub-fifteen.
And that's growing in the right direction.
Nathan Latka: We believe in the next, sorry, sub 15%.
That's low.
Adam Harris: Yeah, annualized.”
CloudBeds Operates Entirely Commission-Free on Room Transactions
“We're commission free. We're one of the unique products out there that is commission free at this time.”
CloudBeds Projects 80% Growth to Reach Eight-Figure Annual Revenue
“We're going to finish this year extremely strong with, you know, north of 80% growth year over year. We'll be in eight figure range, so slightly less.”
CloudBeds Serves Over 9,000 Paying Customer Entities
“We have over 9000 paying entities, and then they can have one or more properties underneath that.”
CloudBeds Processes $5 Billion in Annual Room Sales for Its Properties
“We are moving about You know, five billion dollars in gross, you know, merchandising value. So, room sales on behalf of our property.”
CloudBeds Powers Over 22,000 Hospitality Properties in 135 Countries
“North of 22,000 properties use cloud beds in 135 countries.”
CloudBeds Replicated a Competitor's Five-Year, $25M Tech Build in Six Months
“One of the leads actually spent about twenty five million dollars doing what we did for over a course of five years. We did the exact same thing in six months and showed them that we could do it in six months to build the same tech stack that twenty five milli…”
CloudBeds Acquired Myallocator, a Two-Person Channel Management Tool
“It was called my allocator. It's a channel manager and it was a two person team had a couple hundred customers at the time, but we unlocked a tremendous amount of value with that, that purchase.”
CloudBeds Survived Near-Bankruptcy Twice Before Finding Traction in 2014
“We actually almost, you know, went bankrupt twice. So we had less than three months of runway and we raised in at the end of 2014 when we actually could show our new product and we started to get some traction.”
CloudBeds Wasted Over $1M in Seed Capital Before Pivoting to SaaS
“So we wasted a little over a million bucks in our first sort of seed capital.”