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 ShanahanMay 14, 2018▶ 1:191024 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 ShanahanMay 14, 2018▶ 8:061024 How He Bought Out His VC's, Won His Company Back, Now Doing $24m Annually
AssertionNot 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 ShanahanMay 14, 2018▶ 1:581024 How He Bought Out His VC's, Won His Company Back, Now Doing $24m Annually
AssertionNot checkable as stated
Shanahan: Rant & Rave Has Approximately 285 Customers
“About 285.”
Nigel ShanahanMay 14, 2018▶ 2:251024 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 ShanahanMay 14, 2018▶ 7:001024 How He Bought Out His VC's, Won His Company Back, Now Doing $24m Annually
AssertionNot checkable as stated
Shanahan: Rant & Rave maintains 95% retention on logos and revenue
“We're at 95% retention rates at the moment.”
Nigel ShanahanMay 14, 2018▶ 12:401024 How He Bought Out His VC's, Won His Company Back, Now Doing $24m Annually
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