Luke Beatty, CEO of Brandfolder, clarifies the composition of the company's 4,000 customer base in a discussion with Nathan Latka.
0:00 / 0:05exact quote · 5.9s
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“We have probably, you know, about 700 to 800 big time paying customers, enterprise customers.”
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More from Luke Beatty
PredictionNot checkable as stated
Luke Beatty Predicts the Era of Open Convertible Notes Is Ending
“I think that's also starting to the sun's setting on a little bit of those sort of open note raises”
Luke BeattyApr 13, 2018▶ 3:03993 The Argument For Buildling a Product For Yourself First, $6.5m in Funding Later...
PredictionNot checkable as stated
Luke Beatty: SaaS Gross Logo Retention Struggles To Exceed 85% at Scale
“I predict a dip at some point once we get to a certain, certain number. I mean, I think if you look at You know, you look at a lot of research. It's very hard to get at a massive SAS scale and try to keep that north of 83 to 85% of gross logo churn, right? So …”
Luke BeattyApr 13, 2018▶ 11:00993 The Argument For Buildling a Product For Yourself First, $6.5m in Funding Later...
AssertionNot checkable as stated
Luke Beatty: Brandfolder Serves 4,000 Customers, Half Being Well-Known Brands
“Enterprise, and we do some mid-market, but most of our customers, we have about 4000 customers, and I would say more than half of them are brands that you know.”
Luke BeattyApr 13, 2018▶ 1:51993 The Argument For Buildling a Product For Yourself First, $6.5m in Funding Later...
AssertionNot checkable as stated
Luke Beatty: Brandfolder Annual Contracts Range From $5K to $150K
“The average our range for the down market product for the sort of medium-sized enterprise you're looking at brands that pay
Five, 5000 dollars a year.
And then we have a lot of brands that pay up to a 150,000 dollars a year for a very tricked out enterprise l…”
Luke BeattyApr 13, 2018▶ 2:08993 The Argument For Buildling a Product For Yourself First, $6.5m in Funding Later...
AssertionNot checkable as stated
Luke Beatty: Brandfolder Reached Cash Flow Positive After Four Years
“It was also a company that was, you know, after You know, tooling around for three and four years and really trying to find its product market fit had gotten to cashflow positive and really was a great thing.”
Luke BeattyApr 13, 2018▶ 5:56993 The Argument For Buildling a Product For Yourself First, $6.5m in Funding Later...
Disclosure
Luke Beatty: Brandfolder Raised $1.5M Early Stage and $5M Recently
“Our early stage kind of tech stars angel stuff, I think amounted to about 1.5. And then I just raised around a little bit north of Five million dollars.”
Luke BeattyApr 13, 2018▶ 6:15993 The Argument For Buildling a Product For Yourself First, $6.5m in Funding Later...
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