Disclosure certainty 4/5 debate potential 2/5

Kossack: Aspireship Generates $275 per Active User on a $20 CAC

Corey Kossack · Raising $6m Now? Software Platform Helps 70 SaaS Companies Hire Sales Reps · Mar 31, 2022 · at 3:34

Corey Kossack is the founder and CEO of Aspireship, a SaaS sales talent marketplace. He explains the company's unit economics to Nathan Latka.

0:00 / 0:14exact quote · 14.8s
720p mp4 · rendered on demand · StarZero watermark
“So it currently costs us about 20 bucks to get an active user, and within a 120 days at least over the last 12 months, we've averaged 275 dollars per active user.”

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 Corey Kossack

Insight
Kossack: Talent marketplaces grow primarily through candidate network effects
“I'm actually more interested in the candidate side because it's a network driven business. So as more candidates come in they attract more candidates and then attract more companies.”
Corey Kossack Mar 31, 2022 ▶ 2:53 Raising $6m Now? Software Platform Helps 70 SaaS Companies Hire Sales Reps
Insight
Kossack: SaaS buyers are binary on paying rather than price sensitive
“It's basically, I think most SAS companies and people that look at this, they're either willing to pay something or they're willing to pay nothing. It's less about, ooh, that's too expensive. That's too pricey.”
Corey Kossack Mar 31, 2022 ▶ 11:55 Raising $6m Now? Software Platform Helps 70 SaaS Companies Hire Sales Reps
Assertion Supported
Kossack: Remote SaaS SDR comp typically sits between $60K and $80K
“50 to 65 K on a base and, you know, 10 to 20 K in a variable. So you're looking at, you know, 60 to 80 is, you know, all in is, is typically what you're gonna see.”
Corey Kossack Mar 31, 2022 ▶ 14:03 Raising $6m Now? Software Platform Helps 70 SaaS Companies Hire Sales Reps
Disclosure
Kossack: Aspireship Operates at Around 80% Gross Margin
“It's actually like a 80% gross margin business.”
Corey Kossack Mar 31, 2022 ▶ 3:53 Raising $6m Now? Software Platform Helps 70 SaaS Companies Hire Sales Reps
Disclosure
Kossack: Aspireship Charges Companies $9,000 per Hire
“Companies are paying 9000 dollars per hire to hire out of our kind of handpicked talent pool that we match with them.”
Corey Kossack Mar 31, 2022 ▶ 4:40 Raising $6m Now? Software Platform Helps 70 SaaS Companies Hire Sales Reps
Disclosure
Kossack: Aspireship Monetizes Roughly 3% of Active Users Through Hires
“So from the top of active users, like three percent, at least at the current state of the marketplace is about what it looks like. There's a three percent get hired. Through our network where we actually monetize.”
Corey Kossack Mar 31, 2022 ▶ 5:51 Raising $6m Now? Software Platform Helps 70 SaaS Companies Hire Sales Reps
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.