Assertion certainty 4/5 debate potential 1/5

Shanahan: Every £1 in subscription drives 30p in usage revenue

Nigel Shanahan · 1024 How He Bought Out His VC's, Won His Company Back, Now Doing $24m Annually · May 14, 2018 · at 17:04

Nigel Shanahan describes Rant & Rave's hybrid monetization model combining SaaS subscriptions with broadcast messaging usage.

0:00 / 0:08exact quote · 8.7s
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“Well, because we have a usage off the back of the subscription, and typically a pound worth of subscription buys in 30 pence worth of sort of usage, if you understand what I mean.”

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More from Nigel Shanahan

Opinion
Shanahan: Customer Surveys Are the Antithesis of What Consumers Want
“In my opinion, surveys are the antithesis of really what a consumer wants. They just want to get it off their chest in their own words, In their own feelings.”
Nigel Shanahan May 14, 2018 ▶ 1:19 1024 How He Bought Out His VC's, Won His Company Back, Now Doing $24m Annually
Disclosure
Shanahan paid just over £1M to buy out his VCs in 2006
“Just over a million.”
Nigel Shanahan May 14, 2018 ▶ 8:06 1024 How He Bought Out His VC's, Won His Company Back, Now Doing $24m Annually
Assertion Not checkable as stated
Shanahan: Rant & Rave Average Annual Order Value Is Around £100k
“Our average order value annual is about a 100,000 UK.”
Nigel Shanahan May 14, 2018 ▶ 1:58 1024 How He Bought Out His VC's, Won His Company Back, Now Doing $24m Annually
Assertion Not checkable as stated
Shanahan: Rant & Rave Has Approximately 285 Customers
“About 285.”
Nigel Shanahan May 14, 2018 ▶ 2:25 1024 How He Bought Out His VC's, Won His Company Back, Now Doing $24m Annually
Disclosure
Shanahan's equity was diluted to five percent before his buyout
“I was down to five percent. I was down to five percent in terms of dilution. It was all ratcheted based on not just financial performance, but certain objectives they'd laid in.”
Nigel Shanahan May 14, 2018 ▶ 7:00 1024 How He Bought Out His VC's, Won His Company Back, Now Doing $24m Annually
Assertion Not checkable as stated
Shanahan: Rant & Rave maintains 95% retention on logos and revenue
“We're at 95% retention rates at the moment.”
Nigel Shanahan May 14, 2018 ▶ 12:40 1024 How He Bought Out His VC's, Won His Company Back, Now Doing $24m Annually
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