Kevin Cornish, founder and CEO of VR enterprise training platform Moth & Flame, breaks down the company's pricing model.
0:00 / 0:40exact quote · 40.3s
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“Pricing is based on TAM. So we got kind of two categories. One is on a per experience base basis. So these are for things where the TAM is smaller, smaller user base. So that's at a 4565 hundred, or 8500 a month, depending on kind of the different, different features that the customer needs. And then for the off-the-shelf content, so this is stuff that's much bigger on, on the TAM. So this is tens of thousands, you know, potentially millions of users in the potential market. And then that's just a per seat so a 180 dollars per year per user based on how many people an organization wants to put through it.”
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More from Kevin Cornish
AssertionNot checkable as stated
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“This year, we did five in revenue, two million was recurring.”
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PredictionNot checkable as stated
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“And next year we see that number getting up probably towards 70% of it being recurring.”
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Kevin CornishFeb 2, 2022▶ 8:38VR Builder SaaS Hits $5m Revenue, Targeting $10m Series A Now
“Last year, we did two and a half in revenue, and like, 200 of that was recurring.”
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