Greg Segall is the founder and CEO of corporate gifting platform Alyce, discussing catalog expansion with Nathan Latka.
0:00 / 0:04exact quote · 4.6s
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“Because when we launched the catalog, it started off at about 3000 products. Now we're at about 15,000.”
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More from Greg Segall
What-if
Segall sacrificed $2M to $3M in valuation to pick operator investors
“Like we probably could eat out another two to three million dollars on valuation. But we decided not to and I decided to go with the investors for That I wanted based on, you know, what they thought, you know, in the stage that we are in the business”
Greg SegallDec 17, 2018▶ 14:401241 His New Way to Prospect Just Passed $1m in ARR, $5.4m Raised
PredictionNot checkable as stated
Segall: Alyce expects 25% gross margins and 8% to 12% net margins
“So gross margin will be somewhere on the order of probably 25%, and then net margin will probably be eight to 12%, I guess.”
Greg SegallJan 27, 2017▶ 6:34EP 552: $300k last 12 months To Help Sales People Find Perfect Gifts with CEO Greg Segall
PredictionNot checkable as stated
Segall: Alyce on pace to generate $4.7M in 2017
“Cause we're right now just with contracts already, we're on pace to do probably about 4.7 million next year.”
Greg SegallJan 27, 2017▶ 7:54EP 552: $300k last 12 months To Help Sales People Find Perfect Gifts with CEO Greg Segall
Disclosure
Alyce plans a bid-for-placement merchant directory ranked by margins
“Eventually, we will probably turn this into more of like a bid, bid for play thing... Which one am I going to show first? I'm probably going to end up showing the one that shows more margin, or gives us more margin, so obviously in the end it can end up becomi…”
Greg SegallJan 27, 2017▶ 11:41EP 552: $300k last 12 months To Help Sales People Find Perfect Gifts with CEO Greg Segall
Disclosure
The majority of Alyce revenue comes from SaaS subscriptions
“The whole company obviously still makes a lot of money off of the gifts itself and the transactions, but a majority of the money is coming in from SAS.”
Greg SegallDec 17, 2018▶ 2:131241 His New Way to Prospect Just Passed $1m in ARR, $5.4m Raised
Disclosure
Segall: Alyce has raised about $5.9M in total funding
“Altogether about 5.9.”
Greg SegallDec 17, 2018▶ 3:041241 His New Way to Prospect Just Passed $1m in ARR, $5.4m Raised
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