WatchIt
company on 1 show · 16 statements across 1 episodes
16 statements about WatchIt, every show
Wochit generates more enterprise leads than it can currently handle
“So honestly, and very luckily today, as I said, we have more leads than we can take.”
Wochit spends very little on paid media advertising
“So we don't spend, truly, we don't spend a lot on, on media. Very, very little.”
Ginzberg: Simple pricing accelerates customer expansion by reducing decision friction
“There's something about the simplicity of our model that is, is very unique, you know, because eventually, you know simple pricing model goes a long way. And when you try to add accesses and criterias and other stuff, it makes things more complex and makes you…”
Wochit expands horizontally across enterprise brands and internal teams
“In most cases, they expand vertically horizontally. So let's say no different teams started to use the platform. So you find yourself in, in, in a situation where either they have multiple brands you know, it's a big enterprise. It has multiple brands. One bra…”
Wochit maintains net negative revenue churn via client expansions
“I can also, I only tell you that we have what it was called the negative churn. Which means eventually we grow like it's we, not only do we keep our clients, we have expansions.”
Wochit avoids long-tail creators to focus exclusively on enterprise clients
“It's mostly enterprise, I say. Every once in a while, there's something like that, but we do not put a lot of focus on, on the community of so to speak, the longer tail. It's mostly enterprise.”
Media clients ProSieben and SPH later became investors in Wochit
“No, they never invested, although, by the way, other clients of ours did invest, such as ProSieben or SPH and others, which are clients of ours, and they've invested later on.”
Gannett is one of Wochit's largest enterprise clients
“One of our biggest clients is Gannett you know, the owner of USA Today and probably a 140 other properties across the U.S.,”
Wochit could break $30 million in revenue in 2018
“When I say not so far away, it could be this year.”
Wochit has raised $29M in total venture capital
“We've raised we had a few rounds ever since. We've raised a total of 29.”
Wochit raised a $1M seed round from outside investors
“It wasn't for me and my co-founder, it wasn't the first company, so we had some of our own cash, so we put some of our own cash, but did get, you know, a first million from a seed investor.”