Kit founder Michael Perry discusses tech leadership with Nathan Latka during a rapid-fire question segment.
0:00 / 0:05exact quote · 5.8s
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“I mean, Zucks is by far right now the best CEO in the Valley in my personal opinion.”
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More from Michael Perry
Opinion
Investors avoid small business technology because it is difficult to crack
“I think a common thing, an issue that people who build within the small business sector face is no one wants to invest in technology for SMB because it's such a tough nut to crack.”
Michael PerrySep 19, 2016▶ 3:14KitCRM, $38K MRR, 2000 Customers
Opinion
VCs avoid funding SMB tech because it is a tough market
“And I think a common thing, an issue that people who build within the small business sector face is no one wants to invest in technology for SMB because it's such a tough nut to crack.”
Michael PerryApr 3, 2016▶ 4:26LTV, CAC, ARPU Numbers from SaaS CEO Michael Perry of Kitcrm.com EP 222
Opinion
Mark Zuckerberg is by far the best CEO in Silicon Valley
“I mean, Zucks is by far right now the best CEO in the Valley in my personal opinion.”
Michael PerryApr 3, 2016▶ 17:11LTV, CAC, ARPU Numbers from SaaS CEO Michael Perry of Kitcrm.com EP 222
Disclosure
Kit abandoned taking a 10% ad-spend cut because it cheapened the brand
“We just do the flat fee. We had a 10% little bit for a second, but we just learned that that really kind of cheapened our brand and it really wasn't kind of hitting on the morals of what we wanted to be as a business.”
Michael PerrySep 19, 2016▶ 9:37KitCRM, $38K MRR, 2000 Customers
Disclosure
Kit plans a 2016 priced round to fund headcount and burn
“Yeah. I mean we're, you know, we're fortunate enough to be, we're obviously revenue generating and we're, you know, gravitating towards a break even point. But you know, we're not in the business obviously just To reach break even, you know, we want to increas…”
Michael PerryApr 3, 2016▶ 5:48LTV, CAC, ARPU Numbers from SaaS CEO Michael Perry of Kitcrm.com EP 222
Insight
Venture capital should fund pure growth acceleration, not startup experimentation
“Raising venture capital, obviously, as you know, is not for everybody. But you have to be in position to use that capital purely for acceleration. Like for us, it can't be just like experimental cash.”
Michael PerryApr 3, 2016▶ 14:26LTV, CAC, ARPU Numbers from SaaS CEO Michael Perry of Kitcrm.com EP 222
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