Chowdhury: Softbrick sets sales rep annual quota at around $150K ARR
Ram Chowdhury · 18 Month Old Startup Already Has 3 Customers Paying $100k/yr. Is AI over valued? · Nov 2, 2023 · at 11:12
Ram Chowdhury is the co-founder of conversational AI startup Softbrick. He discusses sales compensation benchmarks and quota targets with Nathan Latka.
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“Ideally around 150 K some of them have hit the 150 K and gone above it. Some of them are below it, but yeah, ideally the median ranges are one 50 K.”
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More from Ram Chowdhury
Chowdhury: Softbrick's top three customers generate 60% of revenue
“60% of our revenues are top three and the rest of them make around 40%.”
Chowdhury: Softbrick Is Targeting a $20M Valuation
“We are discussing around twenty million valuation in that range.”
Chowdhury: Softbrick Has Three Enterprise Customers Paying Over $100k Annually
“So we have three such customers who are in the enterprise bracket already, and we have been around 18 months in the market now, and these three customers, they are individually doing more than a million messages for the 100,000.”
Chowdhury: Softbrick Has Around 60 Paying Customers
“We have around 60 paying customer and 300 customers have used our product out of that 60 are paying customers.”