Everything Ben Kartzman said on any show that made the record, most notable first. Each card names its show and opens the statement there.
Kartzman: Spongecell Supermarket Client Generated 80 Quintillion Creative Variations
“One customer actually did 80 quintillion different possible creative variations when they mixed. This was a supermarket chain. You can mix price with product. Description, all the sort of content around it, and then recommend that to different customers and sh…”
Kartzman: Spongecell has raised about $26 million
“So we've got about twenty six million into the company.”
Kartzman: Safeguard Scientifics is Spongecell's largest institutional investor
“The largest institutional investor is a group called safeguard based out in Philadelphia. Very knowledgeable investors in the ad tech space specifically. Great partner for us.”
Kartzman: Spongecell Client Annual Spend Ranges from $20K to $3M
“Some of our smallest clients are spending, you know, 20, 30 grand a year with us, and our biggest clients are spending three million a year with us.”
Kartzman: Spongecell's fee is around 10% of working media dollars
“So we're probably a little bit lower on the, on that end of the spectrum in terms of percent of working media dollars. I would say, you know, we're actually probably in like the, in the 10% range.”
Kartzman: Spongecell's enterprise clients deliver up to 30 billion impressions annually
“Some of the larger customers that we work with will run, you know, thirty billion impressions in a given year. You know, more of a midsize customer will run, you know, three to five billion impressions a year. And then we have a couple other customers, you kno…”
Spongecell's enterprise pivot lengthened sales cycles to 3-9 months
“They're longer. So you can imagine we had five, 600 customers, very transactional business. You could close a deal, you know, in a, in, in a month. Now these deals are more sophisticated. There's more technology. There's more integrations that need to happen. …”
Kartzman: Spongecell launched in 2006 as an online calendar
“So we launched the company originally in, in 2006 raised our first couple million bucks. Back then the first product, believe it or not, was an online calendar. This is before Google calendar existed.”