Everything Gustav von Sydow said on any show that made the record, most notable first. Each card names its show and opens the statement there.
Von Sydow: European ad-tech startups struggled against US partner ecosystems
“It was very tough as a European company to make a dent. It was very Americanized in terms of the type of partners that you needed and the type of funding that you needed.”
Von Sydow: The only reason to raise SaaS capital is competitive risk
“I sort of feel like the only reason to raise money in, in SaaS if you have significant competitive risk, and right now I sort of feel like we're winning the deals that we want, and customers seem to be sticking around.”
Von Sydow: above.ai generates about $3M in annual revenue
“So we carved it out last year. So we ran it as a product line. So it's doing about three million dollars right now.”
Von Sydow: above.ai has not launched a public website yet
“So that's actually a URL called above, above.ai, which is not launched yet. So it's going to be launched in the next week or two.”
Von Sydow: above.ai grows at 140% to 150% year-over-year
“It's growing about a 140, a 150% year over year.”
Von Sydow: Three of the top 10 global media groups use above.ai
“So we have about three of the top 10 media groups in the world that use the platform in some capacity right now.”
Von Sydow: above.ai signs $200K to $400K annual enterprise contracts
“Typically our contracts are sort of structured on the enterprise level. So it'll be like two, three, 400,000 dollars a year contracts.”
Von Sydow: above.ai maintains roughly 140% net revenue retention
“So we're about a 140% net revenue retention.”
Von Sydow: Burt downsized from 35 to 15 employees during a downturn
“So we had to go from 35 people to 15 people there for a while.”
Von Sydow: Burt failed to raise Series A, took $3M bridge round
“So we raised a three million dollar seed, and then we completely failed at raising a sort of a decent sized series A, and we ended up doing like a three million bridge, and that was about it.”
Von Sydow: Burt portfolio generated over $5M in combined revenue last year
“So we did about five and some and change last year.”
Von Sydow: above.ai CAC is $100K for enterprise, $25K for mid-market
“No, it's about a 100,000 or so and about 20, 25 perhaps or a slightly less for the mid market.”
Von Sydow: above.ai integrates with 50 to 60 systems per enterprise customer
“So I'd say typically we integrate with about. 50 or 60 systems on a reasonable size customer.”
Von Sydow: above.ai operates with 20 people in engineering and product
“So we have a, 20 or so person team, and it's mostly engineering and product.”
Von Sydow: 70% to 80% of above.ai revenue comes from the US
“And now we're building out sort of a geographical footprint with our office here in New York, because I think 70 or 80% of the revenues for this product line is in the US.”