Kim: In-house chat tool generated more revenue than Sendbird's original B2C app
John Kim · 1751 SendBird Messaging SDK Sitting on $100m Cash, $20m in ARR · May 10, 2020 · at 2:10
John Kim, co-founder and CEO of Sendbird, explains the origin of the company's chat SDK and what prompted their pivot from a consumer app to B2B software.
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“So we ended up building the entire chest like ourselves and then started selling that on the sideline. And that actually generated more revenue and more customers than our main B to C application.”
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“So we still have majority of the money we raised from Series B. So we're not in a rush to raise any money anytime soon, but we've been creating multiple different plans and scenarios.”
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“Twenty million. I'll run it. Yeah. We've certainly broken, broken the milestone. We won't, I won't mention the specific traction, but that's good math.”
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“And today we currently power about a hundred million users that chat through our platform every month.”