Brandon Foo, co-founder and CEO of Paragon, discusses the startup's annual revenue trajectory with Nathan Latka.
0:00 / 0:09exact quote · 9.6s
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“So we grew by a little bit close to three X in the last year. So we started, yeah, last year around, I'd say the one million euro range.”
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More from Brandon Foo
Opinion
Foo: Google and Microsoft Have Not Advanced Email in 10 Years
“I mean, if you sort of look at the timeline of Google's or Gmail's products in the past 10 years, it hasn't really changed very significantly, and I think that there's a huge opportunity for innovation where Google or Microsoft even hasn't really made signific…”
Brandon FooNov 16, 2016▶ 13:41EP 480: YC Backed Polymail Raises $1M, hits 20k Users with CEO Brandon Foo
“We had tens of thousands of active users but the email space is tough. And I think, you know, it wasn't necessarily something that had the potential to grow into a venture scale business.”
Brandon FooMar 2, 2023▶ 3:04Paragon Grew from $1m to $3m ARR Last 12 Months to Help you Connect To your customers apps faster
Insight
Foo: Ad revenue incentives force Gmail to remain a generic consumer product
“So for Gmail specifically, I think it's, you know, at the end of the day, they make money from ad revenue. And so they're, you know, it's in their best interest to make as generic or general as a consumer email product as possible to get as many users as possi…”
Brandon FooNov 16, 2016▶ 14:08EP 480: YC Backed Polymail Raises $1M, hits 20k Users with CEO Brandon Foo
Disclosure
Paragon's average ACV is $30k to $40k, moving toward six figures
“On average today, our customers are coming in around 30 to 40 K ACV that has grown over time. And now we're starting to work more towards mid market and even enterprise. So we're starting to work towards six figure plus ACV range.”
Brandon FooMar 2, 2023▶ 5:41Paragon Grew from $1m to $3m ARR Last 12 Months to Help you Connect To your customers apps faster
AssertionNot checkable as stated
Foo: Paragon serves just over 100 customers globally
“So we work with just over a hundred customers today around the world.”
Brandon FooMar 2, 2023▶ 12:05Paragon Grew from $1m to $3m ARR Last 12 Months to Help you Connect To your customers apps faster
Insight
Brandon Foo: Gmail web interface with plugins creates a slow, cumbersome experience
“What we found is that, you know, a lot of people are unsatisfied with the Gmail web interface, you know, having to install multiple web plugins that results in a very cumbersome experience that slows down the browser, and then none of those features, you know,…”
Brandon FooNov 16, 2016▶ 3:34EP 480: YC Backed Polymail Raises $1M, hits 20k Users with CEO Brandon Foo
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