Sidhu: Early police customers refused to pay, causing zero 2016 revenue
Rahul Sidhu · Big exit or Acquihire? SpirdTech Exits With $2m+ in ARR and $4.5m Raised · Sep 30, 2021 · at 5:36
SPIDR Tech co-founder and CEO Rahul Sidhu explains early commercial hurdles in convincing law enforcement agencies to pay for public safety software.
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“It was a big fat goose egg in 2016 because in the beginning we had to have law enforcement agencies to take a chance on us. They weren't willing to pay.”
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More from Rahul Sidhu
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“At a smaller agency of a hundred folks, it could be, you know, somewhere between 10,000 to 40 ish thousand dollars a year, depending on how much of the platform that they wanted.”