Aleman: Servoy may pursue strategic partnership or VC next year
Jan Aleman · 1586 How He Built a $30M ARR Company With Just $1M Raised in PaaS Space · Nov 27, 2019 · at 14:48
Jan Aleman, founder of Servoy, outlines his timeline for fundraising after establishing a repeatable US sales engine.
0:00 / 0:09exact quote · 9.3s
720p mp4 · rendered on demand · StarZero watermark
“Next year would not be unlikely for us to start looking at Either a strategic partner or a, or classic venture capital to further accelerate the growth.”
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 Jan Aleman
Aleman: Low-code platforms cannot build complex business applications
“While low code is great, it's not very capable of building complex business applications. It's usually only used for very small point applications.”
Aleman: Major IT vendors lack up-to-date low-code offerings
“Nearly all of those vendors at Dell want to move into this market into the space of low code software development, don't have a current or don't have an up to date offering.”
Aleman: Outside funding could return Servoy to 100% annual growth
“We believe that with an additional funding round, we could put the growth rate back to a hundred percent year over year.”
Aleman: PaaS platform churn drops once customers build applications requiring rewrites
“So we typically see churn at the start of getting a new customer on board. Once you're, or into the platform, once you've developed a bunch of applications, the stickiness is is very good. Also because you would have to redo your applications.”