Ron Geva, CEO of Webhose.io, explains why backend API data platforms experience greater retention than standard UI-driven SaaS applications.
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“Since we are an API, we are in the backend and no human is, is, is intervening. So it's not like you have a system that, a SaaS system that the guy finds out one day that he stopped using the system and then he cancels. As long as we're doing a good job, We will stay with them.”
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More from Ron Geva
Disclosure
Geva: Webhose puts no effort into upselling existing clients
“We don't put any effort on upselling. Currently, at least we will in the future, but currently I want more of Expand my market reach and not necessarily you know, optimizing our current clients.”
Ron GevaJul 31, 2018▶ 13:171102 WebHose CEO on understanding unstructured data, passes $2.3m in ARR
Opinion
Geva: Webhose is doing to web data what Amazon did to hosting
“We basically, we see us doing to date web data or data provisioning what Amazon to do, did to server hosting.”
Ron GevaJul 31, 2018▶ 2:441102 WebHose CEO on understanding unstructured data, passes $2.3m in ARR
AssertionSupported
Geva: Google is a 'closed garden' that blocks machine access to search
“Google is a closed garden in that sense. They are excellent for it, Humans, but for machines that want to tap into their index, there's no way.”
Ron GevaJul 31, 2018▶ 7:041102 WebHose CEO on understanding unstructured data, passes $2.3m in ARR
AssertionNot checkable as stated
Geva: Webhose has never lost an enterprise client except to bankruptcy
“On the enterprise Part. So the higher the amount they pay, we see near zero churn. We have clients, I told you, we started back in oh seven with providing this data. So we have clients going back in oh seven. We never lost an enterprise client unless he went o…”
Ron GevaJul 31, 2018▶ 11:391102 WebHose CEO on understanding unstructured data, passes $2.3m in ARR
Insight
Geva: API data customers upgrade organically without sales pressure
“Because we are providing an API, the more clients they have, the more API calls they will need. So they basically are working for us in a sense, the more successful they are, the more API calls they will need. They will upgrade organically their plans. I don't…”
Ron GevaJul 31, 2018▶ 14:301102 WebHose CEO on understanding unstructured data, passes $2.3m in ARR
AssertionNot checkable as stated
Geva: Webhose averages $1,000 to $3,000 monthly revenue per customer
“So, the average would be between
1000 to three,
but we have enterprises that pay under 10th of thousands per month, and we have, and it really, it doesn't really depend on the company.”
Ron GevaJul 31, 2018▶ 3:181102 WebHose CEO on understanding unstructured data, passes $2.3m in ARR
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