Disclosure certainty 3/5 debate potential 1/5

Founder closed first $500K directly before hiring first sales representative

Renan de Villa · Factory SaaS Hits $2.2m Revenue, Raises $6m on $24m Valuation · Apr 10, 2021 · at 11:27

Renan de Villa is the CEO of OSS Ventures, an industrial software venture studio. He discusses early founder-led sales milestones.

0:00 / 0:07exact quote · 7.5s
720p mp4 · rendered on demand · StarZero watermark
“I would say the first 500 K were them exclusively by me, that's for sure. And I would say the first was at like 600.”

quote is from the automated transcript, cleaned for reading: filler sounds and stutters are removed, nothing is rephrased. names can be misheard (the analysis reads context, assessments check outside sources). how →

More from Renan de Villa

Opinion
De Villa: Siemens, Bosch, SAP, and Dassault rely on startups to retain contracts
“Siemens, Bosch, SAP, Dassault System, and all those guys, they are all trying to get us to do better the part of what they used to do, but are losing contracts on.”
Renan de Villa Apr 10, 2021 ▶ 13:27 Factory SaaS Hits $2.2m Revenue, Raises $6m on $24m Valuation
Assertion Not checkable as stated
De Villa: Only SAP, Oracle, and Microsoft contest manufacturing software
“Basically you have SAP and Oracle and Microsoft is entering the fields, the field, and those are the only three who are really playing in the manufacturing for that whole space.”
Renan de Villa Apr 10, 2021 ▶ 9:39 Factory SaaS Hits $2.2m Revenue, Raises $6m on $24m Valuation
Assertion Supported
De Villa: SAP's Net Promoter Score is 4
“The net promoter score of SAP is four, like not 40, four. It's four.”
Renan de Villa Apr 10, 2021 ▶ 10:04 Factory SaaS Hits $2.2m Revenue, Raises $6m on $24m Valuation
Insight
Factory software sweet spot is $15k to $75k per site annually
“So the sweet spot is between 15 K one five 75 K per site per year. Why is it a sweet spot? Because it's roughly the price of a machine. So they are very used to making checks of that size. And also because when you are in a big company or a mid company you don…”
Renan de Villa Apr 10, 2021 ▶ 2:45 Factory SaaS Hits $2.2m Revenue, Raises $6m on $24m Valuation
Assertion Not checkable as stated
Renan de Villa: 80% of factories lack software for Lean problem-solving
“Today, you go to a factory, 80% of the time, this kind of process is put in place. There is no software to collect it. There is no software to scale it. There is no software to get smart about it. And so it gets lost, even if the process is done.”
Renan de Villa Apr 10, 2021 ▶ 5:58 Factory SaaS Hits $2.2m Revenue, Raises $6m on $24m Valuation
Assertion Contradicted
Renan de Villa: Manufacturing software is a $400B+ global market
“And it's a massive space. It's more than four hundred billion world, like just software from manufacturing companies.”
Renan de Villa Apr 10, 2021 ▶ 7:44 Factory SaaS Hits $2.2m Revenue, Raises $6m on $24m Valuation
Made with StarZero

Turn any episode into a week of clips.

This entire site, over 2,600 episodes transcribed, diarized, checked and made playable, runs on the StarZero media pipeline. Drop in your own episode and the podcast clipper finds the moments worth sharing, cuts them, captions them, and reframes them for every feed.