Madhan Kanagavel, founder of FileCloud, discusses the company's funding history and capitalization with Nathan Latka.
0:00 / 0:01exact quote · 2.0s
720p mp4 · rendered on demand · StarZero watermark
“It's 100% bootstrapped so far.”
quote is from the automated transcript, cleaned for reading:
filler sounds and stutters are removed, nothing is rephrased. names can be misheard
(the analysis reads context, assessments check outside sources). how →
More from Madhan Kanagavel
Insight
Kanagavel: In SaaS, $10M ARR Is Extremely Hard and $100M Is Inevitable
“As I say in the SaaS space, you know, getting to one million is impossible. Ten million is inevitable. Or I guess ten million is extremely hard and then almost a hundred billion is inevitable.”
Madhan KanagavelJun 18, 2021▶ 13:05DropBox Competitor Bootstraps to $9m Revenue in Austin Texas
Insight
Kanagavel avoids outsourcing agencies, preferring direct relationships with remote hires
“We never went out and did outsourcing companies where we go and you know, find an organization or a company that will outsource for us because I believe, really believe that you need to have a connection between the company and the directly the employee.”
Madhan KanagavelJun 18, 2021▶ 6:23DropBox Competitor Bootstraps to $9m Revenue in Austin Texas
Insight
Kanagavel: Software hosting is trending down while reseller channels grow
“So the hosting itself is going down a little bit as a general trend, but resellers space is pretty big and we are seeing growth in that for sure.”
Madhan KanagavelJun 18, 2021▶ 15:58DropBox Competitor Bootstraps to $9m Revenue in Austin Texas
Disclosure
FileCloud targets regulated sectors like military and government for data control
“We have a very unique differentiation where we provide solutions for specific, you know, areas and industries where they need complete data control and privacy. You can imagine organizations like You know, the military intelligence forces, insurance and other …”
Madhan KanagavelJun 18, 2021▶ 1:40DropBox Competitor Bootstraps to $9m Revenue in Austin Texas
AssertionNot checkable as stated
FileCloud's ACV is around $4,800 with enterprise contracts reaching $1M
“On average cost, the ACV is around, you know, 4800 dollars at most, but there's a huge difference in terms of our customer base. You know, we have a lot of customers who are paying around thousand dollars a year for most of the customers in there. And then the…”
Madhan KanagavelJun 18, 2021▶ 2:53DropBox Competitor Bootstraps to $9m Revenue in Austin Texas
AssertionNot checkable as stated
FileCloud serves over 3,000 business customers globally
“We are serving over you know, 3000 plus customers. You know, these are businesses either spread that we serve directly by ourselves or through our resellers or partners. So yeah, there's around 3000 plus businesses.”
Madhan KanagavelJun 18, 2021▶ 4:11DropBox Competitor Bootstraps to $9m Revenue in Austin Texas
Made with StarZero
Turn any episode into a week of clips.
This entire site, over 2,600 episodes transcribed, diarized, checked and made playable,
runs on the StarZero media pipeline. Drop in your own episode and the podcast clipper finds the
moments worth sharing, cuts them, captions them, and reframes them for every feed.
We use essential cookies to make the site work. With your permission we
also use analytics cookies (Google Analytics and Mixpanel) to understand
usage and improve StarZero. See our Cookie Policy.