SpotMe downsized from 140 to 100 employees post-COVID
Pierre Metrailler · SpotMe Using COVID For $22m SaaS Event Platform Pivot, 300 Customers Paying! · Oct 16, 2020 · at 11:57
Pierre Metrailler, CEO of enterprise event platform SpotMe, discusses organizational changes and team restructuring following the onset of COVID-19.
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“We were about a 140 pre-COVID. We had to go to a downsize and about a hundred people now.”
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More from Pierre Metrailler
Metrailler: SpotMe permanently abandoned its legacy in-person event services
“And we've burned our ships, right? We're not coming back to that.”
SpotMe faced 900 customer contract pullback requests at COVID's onset
“We had about 900
cases with customers who are trying to, you know pull back their contracts.”
SpotMe lost three to four months of recurring revenue to COVID
“We do think overall we're going to lose between three to four months of recurring revenue.”
SpotMe generated $22M total revenue and $6M ARR in 2019
“Last year we had, our top line revenue last year was about twenty-two million dollars, right? And one of the things we did last year, and in that, you, we are counting about six million ARR, right?”