Welde: Smartling customer contracts range from $10,000 to over $1 million annually
Jack Welde · 1002 How He Makes $10m+ Speaking Every Language on Earth · Apr 22, 2018 · at 3:03
Smartling co-founder and CEO Jack Welde discusses customer pricing tiers and contract sizes with host Nathan Latka.
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“So our, you know, our customers pay us anywhere from, you know, 10,000 dollars a year, all the way up to, you know, a couple million dollars a year, million, million dollar plus a year.”
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“Yeah, 10,000 contracted translators around the world.”
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“We raised four rounds of capital. We've raised sixty three million dollars over this entire period.”
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“We got three customers. Then we went out to the marketplace and we're able to raise four million dollars.”
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“Well, I think by the time we finished it up, by the time we started the round, you know, I think we were in, you know, and we had by then about you know, seven to 10 customers paying us, you know, many, you know, tens of thousands of dollars on a, on an annual…”