StructuredWeb CEO Daniel Nisan reflects on his history of launching startups early in emerging tech markets.
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“I was the founder and CEO of Ned Grocer, the first online nationwide supermarket back in.”
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More from Daniel Nisan
AssertionNot checkable as stated
StructuredWeb achieves a one-to-one first-year revenue return on marketing spend.
“We look at the amount of money we spend against new revenue that we generate. And typically it's about one to one. So for every dollar we invest, we would generate one dollar in the same year that we invested that.”
Daniel NisanJul 20, 2018▶ 7:241091 Founded in 1999, How He's Managed a 20+ Year "Overnight Success"
AssertionNot checkable as stated
Daniel Nisan says StructuredWeb lost only one enterprise customer in 2017.
“And very proud to say that we finished a 2017
and we lost a single customer.
So we were almost a 99% retention rate.”
Daniel NisanJul 20, 2018▶ 13:021091 Founded in 1999, How He's Managed a 20+ Year "Overnight Success"
Disclosure
Structured Web operates a pure-play SaaS model subsidized by enterprise brands.
“It's a pure play SaaS model, and the channel partners get it as a service. At no cost, fully subsidized by their brands that provide them the service.”
Daniel NisanJul 20, 2018▶ 1:331091 Founded in 1999, How He's Managed a 20+ Year "Overnight Success"
Disclosure
Structured Web charges between $5,000 and $100,000 monthly based on partners.
“The prices vary based on the number of channel partners they have on the platform, and it can vary from anywhere from 5000 dollars a month to over a 100,000 dollars a month.”
Daniel NisanJul 20, 2018▶ 1:491091 Founded in 1999, How He's Managed a 20+ Year "Overnight Success"
Disclosure
Structured Web's average customer pays approximately $20,000 per month.
“I would say 20,000 dollars.”
Daniel NisanJul 20, 2018▶ 2:021091 Founded in 1999, How He's Managed a 20+ Year "Overnight Success"
Disclosure
StructuredWeb raised $5.7 million in equity plus a few million in debt.
“We raised the 5.7 million dollars in, in equity. And we have about a few million dollars in debt as well.”
Daniel NisanJul 20, 2018▶ 3:281091 Founded in 1999, How He's Managed a 20+ Year "Overnight Success"
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