Everything Eran Ben-Shushan said on any show that made the record, most notable first. Each card names its show and opens the statement there.
Ben-Shushan: Bizzabo has customers switching over from Cvent
“There are.”
Ben-Shushan is willing to burn $1M/month to drive Bizzabo growth
“I would, and that the, you know, the reason is because when you have A whale oil machine that is working, and you get strong sentiment from the market, and you strongly believe in the long term and the market opportunity, so I strongly believe that's what you …”
Bizzabo is willing to accept a two-year CAC payback period
“Yes. ... Because we know that those who are buying our product really need it, and we feel confident about the LTV.”
Ben-Shushan: Bizzabo Average Annual Contract Value Is $25,000
“We have three different cohorts, but I would say across the board, the average is 20 five K. 25,000 bucks.”
Ben-Shushan: Bizzabo maintains 80% gross retention and negative net churn
“So in terms of gross churn, that would be around, I would say, 80%.
And in the past you know,
Six months or so, negative net churn, so overall pretty healthy.
No, no, no.
Retention.”
Ben-Shushan: Bizzabo generates 20% to 25% annual revenue expansion
“It's between 20 to 25.”
Ben-Shushan: Bizzabo Has Raised $56 Million to Date
“We, no, we raised to date, fifty-six million dollars.”
Ben-Shushan: Bizzabo Closed $27 Million Series D in April
“We just closed our Series D round earlier in April, a month ago twenty-seven million dollar round, yeah.”
Ben-Shushan: Bizzabo will reach $15M-$20M ARR early next year
“Probably it's going to happen next year. But very early next year.”
Ben-Shushan: Bizzabo grew over 100% year-over-year over past 12 months
“That and above. We are able and even more.”
Ben-Shushan: Bizzabo has customer count in the high hundreds
“I can't say exact numbers but in the high hundreds.”
Bizzabo targets 24 months of runway when raising capital
“24 and also thinking about how we can, you know, build a sustainable business.”