Hub
topic on 1 show · 12 statements across 1 episodes · said 10 times in 2 episodes since 2019
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2023 2 mentions in 1 episode
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12 statements about Hub, every show
Hub acquires SaaS customers for $5,000 to $6,000 in CAC
“Our customer acquisition costs are they vary between five and six grand this year based on the different campaigns that we're doing, but we have a pretty low cap.”
Hub has doubled revenue every year since launching in 2015
“We've doubled every year in revenue that since we've been in market in 2015.”
Ali Magyar: Hub Reaches Approximately 110% Net Revenue Retention
“Yeah, net revenue retention, we're about a 110% right now.”
Ali Magyar: Hub Sees 80% Gross Retention on SaaS Platform
“On the SaaS platform, we're about 80% retention. So about 20% churn.”
Hub raised $13M across Series A, Series B, and founder capital
“So no, we've done our series A and our series B plus the original investment that I did. So total would be thirteen million between all of those.”
Magyar: About 90% of Hub's customers are on pure ARR
“The majority of them are on more of our ARR plan versus the one-time event. So about 90% of our customers are on pure ARR.”
Magyar: Bootstrapped Hub using $3M of agency cashflow
“So I did use agency cash to be able to fund that three million dollars, but there wasn't any expenses for the agency that I would have been receiving professional services for as a part of that three million.”
Hub generated $650,000 across 21 paying customers in its first year
“So in 2015, we did our proof of concept, and so we went to market, and in the first year, we ended with 21 paying customers, about 650,000 in revenue, and I realized there definitely was market traction and market adoption.”
Magyar: 25% of Hub's Business Is Services and 75% Is Pure SaaS
“25% of our business is in In professional services, and the 75% is in pure SaaS, so.”
Magyar: Events Need 50+ Speakers or Sponsors to Justify Automation Software
“Hub is a good fit for anyone that has 50 or more speakers, sessions, sponsors. So if you have less than that, you really can handle the automation yourself. It's not that complex.”