BuzzBuilder

“So we've got 10 people on the team that are dedicated employees and a number of contractors and folks we outsource to.”

“It's roughly, we've got about a 75% retention rate, where, when you're talking to entrepreneurs and sales reps, it's actually much higher than average.”

“You know, we know there are some major competitors that are getting 30 and forty million dollars in VC.”

“So we're looking to do a half million dollar first round, and that'll probably lead to a second round of anywhere from three to five million.”

“We don't have aspirations or any desire to go to a billion dollars.”

“Last year, our average customer between multi-user and solos was 4900 dollars.”

“So we've got grown by 300% in the last three years. So just over, you know, a hundred percent a year, year over year.”

“We do have a plan to grow this up, explode it, and then in five years have an exit strategy, or potentially sooner if we get someone that comes along that gives us a really, really good price.”

“So the valuation was based on roughly a four X multiple on revenues. And then when we do the second round, it'll be based closer to the, to a six X multiple.”

“I was in about, personally, about three 50 a year. And consulting, you know, that, it was just me. I was a solo consultant.”

“We help you identify people based on certain trigger events that might have a higher likelihood of meeting your product. So if you're a recruiter, we can find companies through certain search tools that are currently hiring for positions on indeed.com that you…”

“Our cost of acquisition is less than 200 dollars per client.”

“We will break it this month. Yeah. And next month and the month after.”

“The most important thing is they need to create their first campaign within the first seven days. And we know if they built their first campaign, the rest is gravy.”

“We assume we can keep the average customer for between 18 months to two years”

“Total seats is just over about 1500 seats to date.”

“Average is about a 115 dollars per seat.”

“The number one reason they were failing with a tool like BuzzBuilder, just failing to implement it is because they lacked a process. And especially a lot of entrepreneurs, they really don't have a Cohesive sales process.”