Socido

8 statements across 1 episodes · 0 bullish · 1 bearish · 1 people on the record · first statement Nov 8, 2017 by Aseem Badshah · said 1 times in 1 episodes since 2017 · across every show →

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2017 1 mention in 1 episode

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Everything said about Socido, oldest first

Nov 8, 2017
Disclosure
Badshah: Socedo sets Account Executive quotas at $4,000 monthly MRR
“So we're now, I think around about 4000 dollars in MRR per month per AE.”
Aseem Badshah Nov 8, 2017 ▶ 2:47 837: SaaS: A Good Reason to Have Flat Growth at $200k MRR
Nov 8, 2017 neutral
Disclosure
Badshah: Socedo turns away B2C leads to focus exclusively on B2B
“So that's when we started the segment and say, Hey, listen, on the sales side, we're going to really focus on just selling to B to B companies that can actually leverage this system for their sales team. And we're going to start to turn away the B to C compani…”
Aseem Badshah Nov 8, 2017 ▶ 6:17 837: SaaS: A Good Reason to Have Flat Growth at $200k MRR
Nov 8, 2017 neutral
Assertion Not checkable as stated
Badshah: Socedo customer count remains flat at approximately 200
“Still hanging out around there.”
Aseem Badshah Nov 8, 2017 ▶ 5:05 837: SaaS: A Good Reason to Have Flat Growth at $200k MRR
Nov 8, 2017 neutral
Opinion
Badshah: Hootsuite was built to manage audiences, not grow them
“Hootsuite and these other social media management systems have really been built to manage an audience, not to necessarily grow an audience. And so this is great for B to C marketers, where what you're doing is you're publishing content to a very large populat…”
Aseem Badshah Nov 8, 2017 ▶ 12:20 837: SaaS: A Good Reason to Have Flat Growth at $200k MRR
Nov 8, 2017 neutral
Disclosure
Badshah: Socedo intentionally paused growth to lock in product-market fit
“So we are, we're continuing to grow and I think we're relatively flat to where we were probably about six months ago. Again, we're kind of going through that cycle of figuring out what we're going to be. Are we playing at the enterprise side of the market, the…”
Aseem Badshah Nov 8, 2017 ▶ 6:57 837: SaaS: A Good Reason to Have Flat Growth at $200k MRR
Nov 8, 2017 neutral
Assertion Not checkable as stated
Badshah: Socedo is at a $2.5M ARR run rate
“I think we were a little bit higher there and, you know, again, are kind of in a two and a half range now.”
Aseem Badshah Nov 8, 2017 ▶ 9:09 837: SaaS: A Good Reason to Have Flat Growth at $200k MRR
Nov 8, 2017 negative
Insight
Badshah: Outbound SDR models trap SaaS startups in crowded competitive echo chambers
“What we learned is as having an SDR and going completely outbound, that's when you're going to run into all of that competition, right? Because everybody is sitting in that echo chamber. But if you can have a good product with a very simple value prop and let …”
Aseem Badshah Nov 8, 2017 ▶ 10:15 837: SaaS: A Good Reason to Have Flat Growth at $200k MRR
Nov 8, 2017
Disclosure
Badshah: Socedo enterprise accounts start at $1,000 monthly license fees
“We do grow our enterprise companies, but they all kind of start there around a thousand dollars per month on their licenses.”
Aseem Badshah Nov 8, 2017 ▶ 3:49 837: SaaS: A Good Reason to Have Flat Growth at $200k MRR
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