Jack Welde is the co-founder and CEO of Smartling. He is discussing the company's revenue scale and contract structure with Nathan Latka.
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“We've already broken that. We're way above that.”
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More from Jack Welde
Insight
Welde: AI translation still requires humans for mission-critical business content
“There's definitely humans involved, and while, while AI and machine translation, you know, computer-generated translation, like something like Google Translate, you know, has gone, undergone some really incredible advances in the last year or so the translatio…”
Jack WeldeApr 22, 2018▶ 3:471002 How He Makes $10m+ Speaking Every Language on Earth
Insight
Welde: Great SaaS companies achieve CAC payback within one year
“I think great SaaS companies, great, great SaaS companies are paying something back inside of a year. You know, acceptable SaaS companies are paying something back inside of between two to three years.”
Jack WeldeApr 22, 2018▶ 14:021002 How He Makes $10m+ Speaking Every Language on Earth
Disclosure
Welde: Smartling customer contracts range from $10,000 to over $1 million annually
“So our, you know, our customers pay us anywhere from, you know, 10,000 dollars a year, all the way up to, you know, a couple million dollars a year, million, million dollar plus a year.”
Jack WeldeApr 22, 2018▶ 3:031002 How He Makes $10m+ Speaking Every Language on Earth
Disclosure
Welde: Smartling works with 10,000 contracted translators globally
“Yeah, 10,000 contracted translators around the world.”
Jack WeldeApr 22, 2018▶ 4:331002 How He Makes $10m+ Speaking Every Language on Earth
AssertionSupported
Smartling has raised $63 million across four funding rounds
“We raised four rounds of capital. We've raised sixty three million dollars over this entire period.”
Jack WeldeApr 22, 2018▶ 5:211002 How He Makes $10m+ Speaking Every Language on Earth
AssertionNot checkable as stated
Smartling raised a $4 million round after securing three early customers
“We got three customers. Then we went out to the marketplace and we're able to raise four million dollars.”
Jack WeldeApr 22, 2018▶ 6:321002 How He Makes $10m+ Speaking Every Language on Earth
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