Insight certainty 4/5 debate potential 2/5

SaaS companies mistakenly separate adoption platforms from video academies

Ohad Ronan · This Pendo plus Loom Startup Just Got First Paying Customer, $3m Valuation · Mar 10, 2022 · at 2:01

Ohad Ronan, co-founder and CEO of Tutto, explains why software companies should merge digital adoption tooling with visual video tutorials directly inside the product interface.

0:00 / 0:36exact quote · 36.4s
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“We see that a lot of companies invest a lot of money and efforts in creating what's called digital adoption platforms like WalkMe, Pendo, AppCuse, and others. But it also invest a lot of money and effort in creating content like visual content tutorials is going to YouTube and they create the academy. That is a separate product from the product itself. And the idea is why not combine these two wall together on top of the product itself on top of the product UI and to give you in proactive way, what you need to understand as the next step in your journey.”

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Disclosure
Tutto's three co-founders split their company equity completely evenly
“We totally even We really believe in that.”
Ohad Ronan Mar 10, 2022 ▶ 5:36 This Pendo plus Loom Startup Just Got First Paying Customer, $3m Valuation
Disclosure
Tutto raised a $700K pre-seed from Tinder and YC alumni
“We wanted to raise 500 K. In the end we raise more than 700. Thousand dollars from a lot of angels and the JIT investors we had, we have in the cap table Justin Martin is, is one of the founders of Tinder that investing featured in money. And we also have Aron…”
Ohad Ronan Mar 10, 2022 ▶ 7:36 This Pendo plus Loom Startup Just Got First Paying Customer, $3m Valuation
Disclosure
Tutto prices its software at $79 per seat per month
“We pricing it right now at 79 dollars per seat per, per month.”
Ohad Ronan Mar 10, 2022 ▶ 3:12 This Pendo plus Loom Startup Just Got First Paying Customer, $3m Valuation
Disclosure
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“Yeah, so average company, it's something around 250 dollars per month.”
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Assertion Supported
Techstars SAFE notes have a $3M pre-money valuation cap
“The cap of textures is three three million per money.”
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