Databox CEO Peter Caputa explains his strategy of targeting small and medium businesses despite their higher churn rates.
0:00 / 0:10exact quote · 10.1s
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“My ambition is to build like similar to what I was about, build a very big business in the SMB market. Keep, I'm purposely keeping my CAC low for that reason, my price low for that reason.”
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More from Peter Caputa
Disclosure
Caputa: Databox generates over $91,000 in MRR
“We're doing a little over 91,000 MRR.”
Peter CaputaAug 30, 2019▶ 1:011497 He Grew Hubspot Partner Program, Now $91k in MRR at DataBox
Disclosure
Caputa: Databox has 650 customers
“650.”
Peter CaputaAug 30, 2019▶ 2:051497 He Grew Hubspot Partner Program, Now $91k in MRR at DataBox
AssertionSupported
Caputa built the HubSpot agency partner and channel programs
“I built the channel program, the agency partner program at HubSpot”
Peter CaputaAug 30, 2019▶ 3:311497 He Grew Hubspot Partner Program, Now $91k in MRR at DataBox
Insight
Caputa: HubSpot scaled partner program by shifting agencies to recurring retainers
“Marketing agencies really struggle with cashflow because most of their business was projects web design projects, short-term SEO engagements, et cetera. And so what we did is we figured out that we could teach them to sell a set of services that they deliver o…”
Peter CaputaAug 30, 2019▶ 6:151497 He Grew Hubspot Partner Program, Now $91k in MRR at DataBox
AssertionPartly supported
Caputa: Databox originally raised $3.8M for a failed enterprise strategy
“The company was founded actually in 20, late 2014, 2015, early 20 15. They raised 3.8 million CEO and other CEO joined about that time. They were trying to sell to the enterprise. It didn't work.”
Peter CaputaAug 30, 2019▶ 7:081497 He Grew Hubspot Partner Program, Now $91k in MRR at DataBox
Disclosure
Caputa: Databox raised $1.1M convertible note from HubSpot executives and funds
“I raised the one, I raised 1.1 million on a convertible note when I joined a bunch of the HubSpot executives put in amounts one of the existing investors put more in and then I got two other funds to put some money in.”
Peter CaputaAug 30, 2019▶ 8:501497 He Grew Hubspot Partner Program, Now $91k in MRR at DataBox
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