Tilkee co-founder and CTO Tim Saumet explains Tilkee's market strategy and customer transition to Nathan Latka.
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“So before that we used to sell to a very small companies and we pivoted to enterprise size or much bigger company.”
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More from Tim Saumet (Tim Salme)
Disclosure
Saumet: Tilkee will avoid a typical Series A to maintain founder control
“We won't go for a typical series A round. We don't want that because we want to keep the control of the company.”
Tim Saumet (Tim Salme)Jan 8, 2017▶ 9:03EP 533: $1.5M Raised, $100k MRR Helping 800 Customers Manage and Track Documents with CEO Tim Samulet
AssertionNot checkable as stated
Saumet: Typical European SaaS valuation is 5x ARR
“The typical valuation in Europe would be five times our ARR.”
Tim Saumet (Tim Salme)Jan 8, 2017▶ 10:31EP 533: $1.5M Raised, $100k MRR Helping 800 Customers Manage and Track Documents with CEO Tim Samulet
AssertionNot checkable as stated
Saumet: Complex regulations make European e-signatures cost 1 to 2 euros each
“You have to understand that the market is very different between the U S and Europe. Talking about the signature in France or in Europe generally speaking, A signature is a paying we would pay from one to two euros per signature because he has, it's a much mor…”
Tim Saumet (Tim Salme)Jan 8, 2017▶ 13:38EP 533: $1.5M Raised, $100k MRR Helping 800 Customers Manage and Track Documents with CEO Tim Samulet
AssertionSupported
Saumet: European buyers do not Google for proposal management tools
“Nobody in Europe would actually search in Google proposal management tool today. It's the case in the U S but not in Europe.”
Tim Saumet (Tim Salme)Jan 8, 2017▶ 15:15EP 533: $1.5M Raised, $100k MRR Helping 800 Customers Manage and Track Documents with CEO Tim Samulet
Disclosure
Saumet: Tilkee uses French radio advertising to acquire enterprise B2B customers
“Right now we have radio advertising. In, in the French, one of the major French radio and we are calculating the return on investment almost every day.”
Tim Saumet (Tim Salme)Jan 8, 2017▶ 15:33EP 533: $1.5M Raised, $100k MRR Helping 800 Customers Manage and Track Documents with CEO Tim Samulet
AssertionNot checkable as stated
Saumet: Tilkee serves around 800 customers across Europe
“We serve around 800 customers from startups to enterprise-sized companies like Arrange, Adeco, and it's really 14, 500 European companies.”
Tim Saumet (Tim Salme)Jan 8, 2017▶ 5:13EP 533: $1.5M Raised, $100k MRR Helping 800 Customers Manage and Track Documents with CEO Tim Samulet
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