Assertion certainty 3/5 debate potential 1/5

Berman: About 15% of Sonar Customers Pay $1,000+ per Month

Matthew Berman · How To Get Your First 100 Customers with Matthew Bernman EP 201 · Mar 10, 2016 · at 7:16

Matthew Berman, co-founder and CEO of SendSonar (Sonar), breaks down customer tiers and enterprise volume on The Top.

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“We probably, I'd say about 15% of our customers are, I would consider being enterprise, meaning a thousand or more a month.”

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More from Matthew Berman

Assertion Not checkable as stated
Berman: Investors Expect $1 Million ARR for a Series A Round
“The consensus seems to be a million dollars ARR, which equates to about 70, 75 K eight grand per month.”
Matthew Berman Mar 10, 2016 ▶ 10:28 How To Get Your First 100 Customers with Matthew Bernman EP 201
Disclosure
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“So we actually started at six and then when our lead investor came on board, we negotiated or they negotiated, I should say, and we actually finalized it at five.”
Matthew Berman Mar 10, 2016 ▶ 5:06 How To Get Your First 100 Customers with Matthew Bernman EP 201
Assertion Not checkable as stated
Berman: Sonar grew revenue 35% month-over-month every month in 2015
“I think the more relevant number is actually what our month over month revenue growth was, and I'm happy to share that, and that was 35% month over month every month in 2015.”
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Disclosure
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“Sonar actually spun out of some work I was doing at 500 Startups. I was working with a company called Maven, and they had this deep need. So I built the prototype for Sonar and you know, before long they started telling other companies about it and it kept gro…”
Matthew Berman Mar 10, 2016 ▶ 1:48 How To Get Your First 100 Customers with Matthew Bernman EP 201
Disclosure
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“We raised a million dollars about a year ago. We're a team of four”
Matthew Berman Mar 10, 2016 ▶ 3:40 How To Get Your First 100 Customers with Matthew Bernman EP 201
Disclosure
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“So I actually closed half of the round in about three weeks, and then the second half took another two months.”
Matthew Berman Mar 10, 2016 ▶ 4:43 How To Get Your First 100 Customers with Matthew Bernman EP 201
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