Prediction certainty 3/5 debate potential 2/5

Ford: Live music will see unprecedented volume if COVID clears by fall

Matt Ford · 1716 $60k/mo Live Event SaaS Company Virus Survival Plans · Apr 5, 2020 · at 4:54

Matt Ford, founder of live event SaaS platform Prism FM, discusses how concert venues and festivals are rescheduling dates in April 2020 during early COVID-19 shutdowns.

0:00 / 0:18exact quote · 18.3s
720p mp4 · rendered on demand · StarZero watermark
“So get ready for like, God willing that, you know, this is cleared by the fall. If it is, Get ready for the most crazy, you know, lineup of live music concerts you've ever seen. Like all the festivals are rescheduled to the fall, all the major tours. There's going to be a customer facing problem, which is like, what concerts do I go to?”

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 Matt Ford

Insight
Ford: Focusing on profitability drives more growth than hyper-spending
“And I think by actually focusing on profitability, it actually allowed us to grow more. Like maybe this, there's this perception out there. Like if you're not like spending on your socks and just focusing on growth, you're not innovating or you're not like, yo…”
Matt Ford Apr 5, 2020 ▶ 11:23 1716 $60k/mo Live Event SaaS Company Virus Survival Plans
Assertion Not checkable as stated
Ford: Prism.fm kept roughly 100 of 120 venue customers through COVID
“We also didn't turn a lot during the pandemic, which I think was a major testament to the technology. Like we went in with let's call it a 120 customers. And we came out with, of those a 120, we came out with, you know, a solid a hundred of them. Like we didn'…”
Matt Ford Sep 11, 2023 ▶ 4:16 How this SaaS For Music Venues Survived Covid Then hit $3m ARR
Prediction Not checkable as stated
Ford sees clear runway for Prism to reach $15M-$20M ARR
“And you know, there's a clear, like I see a clear runway right now to get the company, you know, it's a 15, twenty million in recurring revenue. And it's just my own kind of calculations and willingness to hold on.”
Matt Ford Sep 11, 2023 ▶ 12:18 How this SaaS For Music Venues Survived Covid Then hit $3m ARR
Prediction Not checkable as stated
Ford: Prism.fm has a strong shot at reaching profitability without raising again
“But with the money that we have in the bank, we have a really good shot at just not raising again and going to profitability if that's what we choose.”
Matt Ford Jul 16, 2022 ▶ 10:34 Pandemic should have killed him, he doubled revenue to $1.8m helping live event venues pay and manage talent
Prediction Not checkable as stated
Ford predicts Prism.fm will achieve live music ubiquity within six months
“Our eyes are set on being the ubiquitous software solution for the live music industry. And I think in the next six months, we're going to see that happen.”
Matt Ford Jul 16, 2022 ▶ 12:25 Pandemic should have killed him, he doubled revenue to $1.8m helping live event venues pay and manage talent
Opinion
Ford: General CRMs like Salesforce and HubSpot fail for concert operations
“The process of putting on a concert is this extremely detail oriented. So something like Salesforce or HubSpot just doesn't work all that well.”
Matt Ford Apr 5, 2020 ▶ 2:24 1716 $60k/mo Live Event SaaS Company Virus Survival Plans
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.