Bizzabo CEO Eran Ben-Shushan explains customer acquisition cost thresholds to Nathan Latka, expressing confidence in long-term customer lifetime value.
0:00 / 0:08exact quote · 8.1s
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“Yes. ... Because we know that those who are buying our product really need it, and we feel confident about the LTV.”
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More from Eran Ben-Shushan
AssertionNot checkable as stated
Ben-Shushan: Bizzabo has customers switching over from Cvent
“There are.”
Eran Ben-ShushanJul 14, 2021▶ 20:34Will Bizzabo Announce A Major Acquisition Next Month? (Flashback)
Disclosure
Ben-Shushan is willing to burn $1M/month to drive Bizzabo growth
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Eran Ben-ShushanJul 14, 2021▶ 18:25Will Bizzabo Announce A Major Acquisition Next Month? (Flashback)
AssertionNot checkable as stated
Ben-Shushan: Bizzabo Average Annual Contract Value Is $25,000
“We have three different cohorts, but I would say across the board, the average is 20 five K. 25,000 bucks.”
Eran Ben-ShushanJul 14, 2021▶ 2:56Will Bizzabo Announce A Major Acquisition Next Month? (Flashback)
AssertionNot checkable as stated
Ben-Shushan: Bizzabo maintains 80% gross retention and negative net churn
“So in terms of gross churn, that would be around, I would say, 80%.
And in the past you know,
Six months or so, negative net churn, so overall pretty healthy.
No, no, no.
Retention.”
Eran Ben-ShushanJul 14, 2021▶ 5:19Will Bizzabo Announce A Major Acquisition Next Month? (Flashback)
AssertionNot checkable as stated
Ben-Shushan: Bizzabo generates 20% to 25% annual revenue expansion
“It's between 20 to 25.”
Eran Ben-ShushanJul 14, 2021▶ 5:55Will Bizzabo Announce A Major Acquisition Next Month? (Flashback)
Disclosure
Ben-Shushan: Bizzabo Has Raised $56 Million to Date
“We, no, we raised to date, fifty-six million dollars.”
Eran Ben-ShushanJul 14, 2021▶ 12:48Will Bizzabo Announce A Major Acquisition Next Month? (Flashback)
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