Wheeldon predicts Purple WiFi will reach $15M ARR by 2018
Gavin Wheeldon · 749: He's Making $9.6m Off Those Horrible Airport WiFi Connections · Aug 12, 2017 · at 14:31
Purple WiFi CEO Gavin Wheeldon evaluates the timeline for hitting a $15 million annual recurring revenue run rate.
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“2017, I think, would probably be a push. 2018, yes.”
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More from Gavin Wheeldon
Wheeldon: Half of major global telcos use Purple for managed Wi-Fi
“And the fact that we have, you know, we've got half of the biggest service providers in the world, telcos, all basing their go to market around our platform.”
Wheeldon: Purple WiFi drives 700% CRM record growth for venues
“You know, and we typically see a 500% increase in TripAdvisor reviews. We see six, 700% in CRM record generation.”
Wheeldon: Sold previous company for over sixty million pounds sterling
“Yeah, it was over sixty million sterling as a as a broad brush.”
Wheeldon: Purple WiFi is deployed across 17,000 venues globally
“We're at 17,000. That's venues, and that ranges from a coffee shop, so like your Outback Steakhouse is all run purple through to, you know, Indiana Pacers or the whole of Navy Pier you know, places that are much bigger in scale.”
Wheeldon: Purple WiFi provides coverage across about 40 live cities
“In fact, we cover entire cities, and we've probably got about, probably about 40 cities now live.”
Wheeldon: Purple WiFi relies entirely on telco channel partners for distribution
“So, we're entirely channel based. So we sell through partners and that includes major telcos like Telstra and Oz and Singtel and you know, all the national carriers, CenturyLink in the US and NCR, you know, they all sell our solution bundled with their own equ…”