Matt Britton

20 statements across 4 episodes · 6 bullish · 1 bearish · 1 people on the record · first statement Feb 3, 2018 by Matt Britton · across every show →

On the record as a speaker too: Matt Britton's record, appearances and statements → this page counts the times other people say the name.

Everything said about Matt Britton, oldest first

Feb 3, 2018
Disclosure
Britton: Suzy Cannot Spin Out Until Shared Venture Debt Is Paid Down
“We have venture debt, so that sits on top of both companies. So you can't spin a business unit off until you pay the venture debt down a but yes, eventually that's the, it will be two separate operating companies because an agency model is completely different…”
Matt Britton Feb 3, 2018 ▶ 15:43 924 How to Spin a Million Dollar SaaS Company Out of Media Agency
Feb 3, 2018
Disclosure
Britton: CrowdTap has raised about $15 million to date
“We've raised to date about fifteen million.”
Matt Britton Feb 3, 2018 ▶ 3:22 924 How to Spin a Million Dollar SaaS Company Out of Media Agency
Feb 3, 2018
Disclosure
Britton: Suzy targets high six-figure to low seven-figure brand deals
“Yeah, it's, we shoot for high, high six figures, low seven figure deals with brands.”
Matt Britton Feb 3, 2018 ▶ 16:56 924 How to Spin a Million Dollar SaaS Company Out of Media Agency
Feb 3, 2018 bullish
Assertion Not checkable as stated
Britton: Suzy has about 75 enterprise customers licensing its platform
“About 75 enterprise customers who are licensing the product from us”
Matt Britton Feb 3, 2018 ▶ 13:43 924 How to Spin a Million Dollar SaaS Company Out of Media Agency
Feb 3, 2018
Assertion Partly supported
Britton: CrowdTap's first venture round was about $6 million
“Our first round was, I believe, six million.”
Matt Britton Feb 3, 2018 ▶ 3:25 924 How to Spin a Million Dollar SaaS Company Out of Media Agency
Feb 3, 2018 positive
Disclosure
Britton: Suzy's revenue is entirely software ARR
“Now I could tell you the business we're doing right now on the Susie side is all ARR. It's all software revenue because it really is a software driven platform where crowd tap in the past was almost like a tech enabled service.”
Matt Britton Feb 3, 2018 ▶ 8:55 924 How to Spin a Million Dollar SaaS Company Out of Media Agency
Feb 3, 2018 bullish
Assertion Not checkable as stated
Britton: Suzy MRR is way above $200K
“Oh, we're way above 200 grand.”
Matt Britton Feb 3, 2018 ▶ 14:34 924 How to Spin a Million Dollar SaaS Company Out of Media Agency
Aug 30, 2021 neutral
Assertion Not checkable as stated
Britton: Suzy Received Inbound Acquisition Offers of 10x to 12x ARR
“We've had people throw around, you know, between 10 to 12 times revenue. Not recently because we haven't even entertained the ARR rather, but we haven't even entertained the offers as of late.”
Matt Britton Aug 30, 2021 ▶ 17:47 CPG User Research SaaS Suzy Hits $40m ARR, Flirts with $500m Valuation, IPO Next?
Aug 30, 2021 positive
Disclosure
Britton: Suzy is actively pursuing acquisitions with a debt facility
“We are, we're looking at companies in a variety of different categories, whether it's syndicated research, we have our own audience, our own consumer audience. So we're, we have interest in, in expanding that around the world as well as getting into other nich…”
Matt Britton Aug 30, 2021 ▶ 13:57 CPG User Research SaaS Suzy Hits $40m ARR, Flirts with $500m Valuation, IPO Next?
Aug 30, 2021
Assertion Not checkable as stated
Britton: Suzy can secure debt financing at around 8% interest
“Fairly cheap. I mean, it depends on how you define cheap. I mean, it's not credit card debt. You're looking at probably eight percent. We can do that, especially with the cash on our balance sheet.”
Matt Britton Aug 30, 2021 ▶ 14:25 CPG User Research SaaS Suzy Hits $40m ARR, Flirts with $500m Valuation, IPO Next?
Aug 30, 2021 neutral
Disclosure
Britton: Majority of Suzy's $46M round went to balance sheet
“The majority of it did.”
Matt Britton Aug 30, 2021 ▶ 11:30 CPG User Research SaaS Suzy Hits $40m ARR, Flirts with $500m Valuation, IPO Next?
Aug 30, 2021 bullish
Disclosure
Britton: Taking Suzy public is the NBA championship of business
“I want to take the company public. I don't want to sell it. I mean, obviously never say never, but I've already sold the business. I'm, I want to me, that's the NBA championship of business is taking company public. And that's what I want to do.”
Matt Britton Aug 30, 2021 ▶ 17:58 CPG User Research SaaS Suzy Hits $40m ARR, Flirts with $500m Valuation, IPO Next?
Aug 30, 2021 bearish
Opinion
Britton: SaaS companies selling to other SaaS are a house of cards
“I think a big house of cards in SaaS right now is SaaS companies who have a customer base that is other SaaS companies.”
Matt Britton Aug 30, 2021 ▶ 10:55 CPG User Research SaaS Suzy Hits $40m ARR, Flirts with $500m Valuation, IPO Next?
Aug 30, 2021
Assertion Supported
Britton: Sold MRY agency for $50 million
“I sold the agency for fifty million.”
Matt Britton Aug 30, 2021 ▶ 13:22 CPG User Research SaaS Suzy Hits $40m ARR, Flirts with $500m Valuation, IPO Next?
Aug 30, 2021 neutral
Disclosure
Suzy raised $20M across its Series C and extension rounds in 2020
“We put about twenty million dollars on the balance sheet through a series C and a series C extension round. The Series C code in March, 2020, the extension around close around September, 20, 20.”
Matt Britton Aug 30, 2021 ▶ 8:56 CPG User Research SaaS Suzy Hits $40m ARR, Flirts with $500m Valuation, IPO Next?
Aug 30, 2021
Disclosure
Britton: Owns between 5% and 15% equity in Suzy
“I mean, that I'd rather, let's just say it's less than 15% and more than five percent.”
Matt Britton Aug 30, 2021 ▶ 11:56 CPG User Research SaaS Suzy Hits $40m ARR, Flirts with $500m Valuation, IPO Next?
Dec 20, 2022 positive
Assertion Not checkable as stated
Britton: Suzy serves 400 large enterprise customers
“We have 400 large enterprises that are working with us today.”
Matt Britton Dec 20, 2022 ▶ 9:57 He just hit $60m Revenue but burned $25m net last year. Here's how Market Research SaaS Suzy fixed their runway in volatile economy
Dec 20, 2022
Disclosure
Britton: Suzy Targets Super Enterprises Making Over $5B in Revenue
“Our ideal customer profile is what we call super enterprises, a company that do over five billion a year in revenue. We primarily focus on technology food and beverage, packaged goods, financial services companies in, in those in that overall revenue tier.”
Matt Britton Dec 20, 2022 ▶ 1:58 He just hit $60m Revenue but burned $25m net last year. Here's how Market Research SaaS Suzy fixed their runway in volatile economy
Jan 30, 2024
Disclosure
Britton: Suzy raised a $10M internal cushion round in late 2022
“We did a tiny internal round at the end of 20, 22. We went out to market. We were just needing an extra ten million dollars almost for cushion because the market was so uncertain. At that point, still kind of is. So we want to pat our balance sheet a little bi…”
Matt Britton Jan 30, 2024 ▶ 7:31 Suzy.com did $65m Revenue Last Year. 18% was services so how did he keep 75% gross margin?
Jan 30, 2024
Assertion Not checkable as stated
Britton: Suzy generated mid-$60M in revenue during 2023
“A little lower than that, in the mid sixties.”
Matt Britton Jan 30, 2024 ▶ 9:16 Suzy.com did $65m Revenue Last Year. 18% was services so how did he keep 75% gross margin?
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