Andras Tassi predicts SMD will reach $500,000 in revenue in 2021
Andras Tassi · He Sold 0.7% For $50k With $100k ARR ($7m Valuation). Mistake? · Mar 21, 2021 · at 12:52
Andras Tassi, co-founder of multi-location social media SaaS platform SMD, discusses the company's 2021 annual revenue targets with Nathan Latka.
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“We will definitely double the revenue for last year, but I think it will be probably about half a million.”
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More from Andras Tassi
Andras Tassi raised £35,000 for SMD at a $7 million valuation
“We got 35,000 pounds from like friends and one particle client who invested in based on a seven million dollar valuation.”
Tassi: SMD reached $10k MRR after landing four large hybrid clients
“The last month in February, we actually start, that the system will be built now, especially sales and the connections are start to work out, and we land it for big clients.
That's it.
It's basically package and SAS combined together.”
Tassi: SMD acquires all new customers via organic social media
“The new customers who we acquiring is all organic social media.”
Tassi: 35 of SMD's 98 customers are on lifetime deals
“No, there are 35 companies who paid one time and the upselling to them services, and then everyone else is paid by month, yes.”
Tassi: SMD pivoted from hospitality to franchises after COVID-19 hit
“Well, we officially launched the software in February. So last February when the COVID started and that was a huge hit and it's really, really didn't work out for us because our main niche was restaurants, casinos, and hotels. So it was a disaster for the soft…”