Goldcast CEO Palash Soni discusses the company's financial metrics and burn rate with Nathan Latka.
Opinion
Soni claims Goldcast's martech integrations are 10x better than Hopin
“The third is that our integrations and analytics and all the martech functionalities that, you know, the sales and marketing teams need. They are just The best in the market, tenx better than what, you know, horizontal platforms like Hopin, et cetera, offer.”
Prediction Not checkable as stated
Soni predicts Goldcast will cross $10M ARR by end of 2023
“We will easily cross ten million by end of this year, and hopefully we can double next year as well.”
Opinion
Soni: Concerns that virtual events cannibalize in-person attendance are unfounded
“I think also the, some of the concerns of people like not coming in person to and watching it virtually are unfounded. I think if given an option, people will attend An in-person event, and I'm saying that as CEO of a digital events company”
Opinion
Goldcast positions against Hopin's massive 50K+ attendee trade show focus
“We don't go after, like, the big, you know, 50,000, 100,000 person trade shows, which is what, you know, VFairs hop in, specialize in.”
Assertion Supported
Goldcast raised a $28M Series A at $120M post-money valuation
“We raised it at a 120 post money.”
Insight
Soni: Multi-day virtual events rarely work; stick to 2-5 hours
“Seldom is a big two day, three day event with, you know, such a complex agenda in digital mode is the right thing to do. Unless you are, you know, something like an LG or Adobe, right, where you have such a wide audience across time zones that it means somethi…”