Saleh: Invesp is betting the company on an all-in-one SaaS platform
Khalid Saleh · Giving Up on $1MM+ Consulting Business For $1B+ SaaS Idea, EP 277: Khalid Saleh · Jun 11, 2016 · at 10:04
Invesp co-founder Khalid Saleh explains his strategy to compete against well-funded VC-backed A/B testing competitors by building a multi-product SaaS suite.
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“So we're going to offer a lot more features, a lot more software products within the same platform, and that's what we're betting the company on.”
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More from Khalid Saleh
German investors offered $1.8M for 30% equity in Invesp
“German offer was actually about the same amount, actually probably a bit more, 1.8, and we're talking about the 30%.”
Invesp charges a minimum $8,000 monthly retainer for optimization services
“I can't speak specifically, but let's say like one of our regular customers eBay, for example, I mean, the minimum we charge is around 8000 dollars and goes up from there based on the complexity of the project.”
Saleh: Invesp reached $1M in revenue in 2011
“Let me say that in 2011, we hit a million dollar in revenue, and it's been growing steadily since then.”
Invesp revenue dropped to $700K in 2014 after reaching $1M
“20 14 was actually was not a great year. I think we did close to 700.”