FreightWaves founder Craig Fuller explains why selling to a logistics industry competitor would destroy customer trust compared to selling to a market data provider or going public.
0:00 / 0:17exact quote · 17.1s
720p mp4 · rendered on demand · StarZero watermark
“For us, it is unlikely that we would sell to a business that's in our industry. We're more likely to sell to a S&P or a Bloomberg or a Reuters or a Finita or somebody that's in market data businesses or take the company public because that's really what we do.”
quote is from the automated transcript, cleaned for reading:
filler sounds and stutters are removed, nothing is rephrased. names can be misheard
(the analysis reads context, assessments check outside sources). how →
More from Craig Fuller
AssertionNot checkable as stated
Fuller: 65% of supply chain news is sourced from FreightWaves
“65% of supply chain content is originally sourced from FreightWave. So if you're reading Times, you're reading it on the Washington Post, Perhaps you're reading it in Bloomberg. A lot of that data material actually gets originally sourced through our data and …”
Craig FullerOct 6, 2022▶ 5:41How FreightWaves used their $20m Media Business to build a $20m ARR SaaS with Zero CAC
Insight
Fuller: Media monetizes early, but SaaS builds self-sustaining momentum
“It's easier to monetize media, frankly, than it is SaaS. I don't know that a lot of people realize that. But the great thing about SaaS is it, like once you get that engine going, it's, it has its own set of momentum, which doesn't require you to put as much i…”
Craig FullerOct 11, 2021▶ 10:13FreightWaves Hits $30m Revenue, Spends No Money on CAC, Media Business Winning
Insight
Fuller: Supply Chain Data Signals Economic Shifts 8 to 12 Weeks Ahead
“Supply chains, you actually see the economy eight to 12 weeks before everybody else does.”
Craig FullerOct 6, 2022▶ 7:24How FreightWaves used their $20m Media Business to build a $20m ARR SaaS with Zero CAC
Insight
Craig Fuller: Editorial-First Content Models Can Succeed in Any Industry
“Content supported
X models, and what I mean by that, it can work in real estate, it can work in SaaS, it can work in anything.
It's basically going at it in an editorial first mentality of developing content that will drive your audience to buy and consume you…”
Craig FullerOct 6, 2022▶ 8:27How FreightWaves used their $20m Media Business to build a $20m ARR SaaS with Zero CAC
AssertionNot checkable as stated
Craig Fuller: 70% of FreightWaves' SaaS deals originate from its media
“70% of our deals that come into our into our enterprise SaaS business are closed because those companies read about the data on our own media business.”
Craig FullerOct 6, 2022▶ 11:06How FreightWaves used their $20m Media Business to build a $20m ARR SaaS with Zero CAC
AssertionNot checkable as stated
Fuller: FreightWaves has zero CAC, funding R&D with media profits
“The nice thing is our customer acquisition is, is effectively zero or negative. So we have no capital tied up in direct customer acquisition. All of our capital is tied up in R&D and product.”
Craig FullerOct 11, 2021▶ 8:39FreightWaves Hits $30m Revenue, Spends No Money on CAC, Media Business Winning
Made with StarZero
Turn any episode into a week of clips.
This entire site, over 2,600 episodes transcribed, diarized, checked and made playable,
runs on the StarZero media pipeline. Drop in your own episode and the podcast clipper finds the
moments worth sharing, cuts them, captions them, and reframes them for every feed.
We use essential cookies to make the site work. With your permission we
also use analytics cookies (Google Analytics and Mixpanel) to understand
usage and improve StarZero. See our Cookie Policy.