Everything Javi Fondavilla said on any show that made the record, most notable first. Each card names its show and opens the statement there.
Fondavilla: SMB SaaS must unlock new revenue channels without moving upmarket
“So in the end with this small business segment, there's a limit on the, how much money you can charge them.
No, they have limited resources.
So, and we don't want to change the game.
We don't want to go up in the market.
So at some point you need to find new r…”
Fondavilla: Holded Operates Entirely Without a Sales Team
“We don't have sales team.”
Fondavilla: Holded is launching embedded payments partnered with Stripe
“We're about to deploy our first let's say, this is around this, which is hold the payments together with Stripe payment initiation to start offering this type of services to our customers.”
Fondavilla: Holded processed nearly €4B in GMV in 2019
“So in 2019, we had a GMB of almost four billion euros.”
Fondavilla: Holded has raised 7 million euros in total funding
“Seven million euros today.”
Holded spends around 250,000 euros per month on paid advertising
“Around 250 K.”
Holded generates nearly 20,000 euros in net new MRR from ads
“Almost 20 K in that new MRR.”
Holded CAC sits around 300 euros per customer
“So now it's around 300 euros.”
Fondavilla: Word of mouth and virality drive 40% of Holded acquisition
“Well, there's multiple projects going on now, but I can say that today we're living out of the paid ads channel and the word of mouth slash virality, which represents 40% of our acquisition.”
Holded reaches nearly 9,000 active business subscribers
“Almost 9000.”
Holded reaches €3.4 million ARR in late 2020
“So we are at almost, I think, four million dollars.
So doing the compression, but where the.
Is that Euro or USD?
So three, 3.4 million euros.
3.4 annually.
Yeah, I know, ARR.”
Fondavilla: Holded Retains 60% of Its Previous Round in the Bank
“We're a really cash, a cash efficient company. So we still have 60% of the round in the bank.”
Fondavilla: Holded Averages 1.5% Monthly Logo Churn
“We have an average of 1.5% per month.”
Fondavilla: Holded Maintains Around 125% Net MRR Retention
“So our net MRR retention is around 125%.”
Fondavilla: Holded gets 20% to 30% revenue share on Stripe payments
“So, for example, in the payment gateway, as we're partnering with Stripe, so they are giving us a revenue share on top of their commission, no? So if they charge a, 2.8% and we can get 20, 30% commission, no? So we'll be having, I think, something like 0.8 or …”
Fondavilla: Holded models capturing up to 6% of sub-€1,000 GMV in four years
“So actually our model is that we do have four years to make sure that we're able to capture up to six percent of the GMB, but only on the GMB below a thousand euros invoices, no?”
Fondavilla: €800M of Holded's €4B GMV came from sub-€1,000 invoices
“Which, for example, last year out of those four Four billion, we had almost eight hundred million of invoices between zero and a thousand euros, no?”
Fondavilla: Holded ARPU is around 40 euros per month
“Today is around 40 euros per month.”
Holded closed 2019 at €2 million in revenue
“So a year ago, well, we've closed the 2019 at two million.
So we are so two million euros.”