Answered produced feed
D 5 · C 5 · P 5 · Cm 5 5.00
Q ago, back in episode one, 67, where, you know, you talked about, you know, valuations and how to actually sell a business for ninety million bucks with no revenue and how people think about, again, valuing companies and the team and the revenue and the product. Today, though, what we want to focus on is your, is your business, your current business, which is what and what does it do?
A So my current business is a company called Springleap, and we have a marketplace of 180,000 advertising agency experts for the world's best insights and copy testing. So instead of doing consumer testing on all your marketing and your advertising or doing research with consumers, you would use advertising agency experts. And the thought process behind that is that these people already have the latest consumer data and give you incredibly sophisticated insights based on wisdom from their market. And going beyond just telling you what your, what your strength or your weaknesses are, or telling you about markets, they will tell you what to do to fix or improve your creative marketing and advertising assets. And we're around, we're literally around between 10 to 30 times faster than any of the big market research companies in the world.
AI assessment note: “my current business is a company called Springleap, and we have a marketplace”
Answered produced feed
D 5 · C 5 · P 5 · Cm 4 4.85
Q Okay. And is this a, I mean, is this a SaaS business? Is it pretty predictable revenue month to month or is it not predictable?
A It's such a good question. So we're finding that there's an enormous amount of repeatability from the clients. And what we're going to be doing this year is we're going to be releasing a self-service model where we're going to extend the product to small to medium businesses who have never had access to this level of market research or validation. And that's not going to be a SaaS model. However, when we start moving more to our enterprise clients, we're going to be starting moving them over to a SaaS model because it just creates more predictability, um, and surety for us, as well as for the clients in terms of what their spend is going to be. And generally those kind of SaaS models in the expert marketplace world generally range from, let's say, you start at a thousand dollars per, you know, per company, per city, um, per month, and then you pay for the use of the experts. So your thousand dollars to 10,000 dollars a month Usually helps to service the company, um, and to give them access to your technology and, you know, account management, and where you really make your money afterwards is on the usage.
AI assessment note: “when we start moving more to our enterprise clients, we're going to be starting moving them over to a SaaS model”
