agencies

14 statements across 14 episodes · 9 bullish · 2 bearish · 11 people on the record · first statement Jun 18, 2016 by Anshay Bhatia · across every show →

Everything said about agencies, oldest first

Jun 18, 2016
Insight
Bhatia: Agencies should maintain four months of operating cash reserves
“You know, agencies typically in an ideal world are keeping four months. I think anything more than four months is amazing. To be honest with you we're typically keeping three to four months.”
Anshay Bhatia Jun 18, 2016 ▶ 8:10 $150k at 26 Years Old, Now Charges $50k-300k Per ECommerce Project, EP 298: Anshey Bhatia
Feb 5, 2018 positive
Prediction Not checkable as stated
Sanyal: Agencies will always have an advantage over in-house marketing teams
“I think at the end of the day, the ability to creatively approach problems that the agencies have, I think will always be an advantage to in-house teams, and at least that's what we've seen so far.”
Ani Sanyal Feb 5, 2018 ▶ 16:22 926 How Teen Launched $250k Record Label, Then Kidney Failure, Now $1.5m Agency
Mar 16, 2018 positive
Assertion Supported
Carlson: SharpSpring serves 1,400 agencies and 6,500 businesses
“We've got about 1400 agencies around the world and about 6500 businesses on the platform.”
Rick Carlson Mar 16, 2018 ▶ 2:56 965 Why This $14m ARR Company "Went Public" To Win Marketing Automation Space
Apr 20, 2018 positive
Opinion
Nathan Latka: Many top SaaS companies originate as agencies
“A lot of the most successful SAS companies come out of agencies.”
Nathan Latka Apr 20, 2018 ▶ 4:34 1000 The Genius in Agency + SaaS Business Model
Aug 25, 2018 neutral
Assertion Partly supported
Latka: Software Companies Have 85% Gross Margins Versus 50% for Agencies
“But software companies typically have gross margins of 85%. Agencies rarely have margins greater than 50%.”
Nathan Latka Aug 25, 2018 ▶ 4:23 1127 Why don't you sell SaaS Biz to Double Down on Agency?
Jan 17, 2019 positive
Assertion Not checkable as stated
Verblio shifted customer base from 80% SMBs to 60% agencies in 3 years
“So now our so now our customer base is now 60% agencies versus 40% small businesses and, Three years ago, it would have been 80% small businesses.”
Steve Pockross Jan 17, 2019 ▶ 7:58 1272 How This Pricing Page Drives Big Expansion Revenue with $260k/mo Verblio CEO
Jun 12, 2019 negative
Insight
Leonard: Agencies rarely buy annual software or own-site automation due to cost
“No agencies will typically pay up front for an annual plan. Like, I know that our competitors are selling annual plans, but if you go look at any agency website, how many of them actually have marketing automation on their site? Very few. Because they just can…”
Sean Leonard Jun 12, 2019 ▶ 12:26 1418 $2.4M ARR Marketing Automation Company CEO Would Sell for $10M Today
Aug 19, 2020 negative
Insight
Schroeder: Agencies are a terrible business model due to infrastructure costs
“Agencies are a really shitty business model. It's the easiest business to get into and the hardest business to get out of because once you're in it, And once you have that much infrastructure, we had ten million dollars a month worth of payroll. Think of what …”
Will Schroeder Aug 19, 2020 ▶ 30:35 How Wil Schroter Made Money at 22 years Old to Eventually Launch Startups.com
Sep 6, 2020 positive
Insight
Latka: Successful SaaS startups often emerge from agencies with built-in demand
“Very successful SaaS companies come out of agencies, because you already know the problem, and you already have a built-in customer base.”
Nathan Latka Sep 6, 2020 ▶ 15:19 Visably Helps You Manage Search Exposure, $700k Raised, Pre-Revenue, Launch Soon
May 31, 2021 positive
Opinion
Latka: The most successful SaaS companies start as agencies
“The most successful SaaS companies start as agencies.”
Nathan Latka May 31, 2021 ▶ 5:34 SEO Tool Hits $1m Revenue, 90% yoy Growth, Doing $5m Seed Round Now?
Jun 27, 2021
Disclosure
ProjectCOR targets agencies, law firms, and consultancies selling billable hours
“So we sell to agencies, to consulting firms, to law firms, accounting firms, these companies that are selling hours, they need to understand their profitability on a, in real time.”
Santi Biblioni Jun 27, 2021 ▶ 1:48 ProjectCor Hits $1m ARR, Raises at $40m Valuation for Profit Tracking Tool for Agency's
Mar 2, 2022 bullish
Prediction Not checkable as stated
Aris Verne: Alfinder will completely replace agency software stacks
“The moment we integrate into the any agencies, you know, environment, Alpha is going to be the only software that they're going to use.”
Aris Verne Mar 2, 2022 ▶ 13:49 How he plans to sell first $2k/mo plan
Apr 30, 2022 positive
Disclosure
WhatConverts Reaches 40,000 Installs Through Agency and Franchise Channels
“We have a fairly small amount of customers, but we're serving 40,000 paid companies, and that's purely from the multiplication effects of going through agencies and franchise companies. So our software is currently installed on 40,000 company websites.”
Michael Cooney Apr 30, 2022 ▶ 18:09 Bootstrapper killing his VC backed rivals who raised $500m+
May 31, 2023 positive
Opinion
Engineering is now the easiest core startup function to outsource
“Now I would say, actually, nowadays it's probably easiest to buy in tech Ironically, engineering, because there's so many fantastic agencies that do it. As long as you've got a very good, strong product desire, you can basically hire people to do that for you.”
Bridget Harris May 31, 2023 ▶ 6:47 Fireside chat with Bridget Harris and Alex Theuma - How to take care of business: 5 lessons in bootstrapping to $5m ARR
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