Prediction certainty 3/5 debate potential 1/5

Kamstra: Urbanhire will reach about $100,000 monthly revenue by year-end

Nathan Kamstra · 1574 Why This CIO Believe Indonesia Next Growth Opportunity for Team Insurance and Benefits · Nov 15, 2019 · at 3:59

Nathan Kamstra discusses monthly recurring revenue trajectories for Indonesian HR tech platform Urbanhire.

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“No, actually we are at about where by the end of the year, we will be closing about a 100,000 per month.”

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More from Nathan Kamstra

Disclosure
Kamstra: Urbanhire will pivot revenue model from SaaS to insurance broking
“So we're building different components, but you know, our focus, we're going to change the revenue model from SAS to one of broken revenue. And therefore we need to build out a broken component benefits administration, and again, focus very specifically on Ind…”
Nathan Kamstra Nov 15, 2019 ▶ 12:37 1574 Why This CIO Believe Indonesia Next Growth Opportunity for Team Insurance and Benefits
Insight
Kamstra: Local regulations keep global HR platforms out of Indonesia
“The thing about these platforms is they're highly, they're very much dictated by local regulation and therefore every company is going to have its own special needs, its own special configurations and its own implementation skills. So Indonesia has not been re…”
Nathan Kamstra Nov 15, 2019 ▶ 14:50 1574 Why This CIO Believe Indonesia Next Growth Opportunity for Team Insurance and Benefits
Disclosure
Kamstra: Urbanhire targets pre-mature markets before developed regions
“What I've decided that we should do is focus on the markets that's about to be mature and then go after the other markets as opposed to what most people have done, which is focus on the more mature markets and then try to go into the other regions when it make…”
Nathan Kamstra Nov 15, 2019 ▶ 15:23 1574 Why This CIO Believe Indonesia Next Growth Opportunity for Team Insurance and Benefits
Assertion Not checkable as stated
Kamstra: Urbanhire has roughly 168 paying clients
“So we've got a 168, I think paying clients.”
Nathan Kamstra Nov 15, 2019 ▶ 2:35 1574 Why This CIO Believe Indonesia Next Growth Opportunity for Team Insurance and Benefits
Assertion Not checkable as stated
Kamstra: Urbanhire generates around $69,000 per month in revenue
“I believe Vincent would have been better for this one, but I believe we're at around 69.”
Nathan Kamstra Nov 15, 2019 ▶ 4:08 1574 Why This CIO Believe Indonesia Next Growth Opportunity for Team Insurance and Benefits
Disclosure
Kamstra: Urbanhire has raised $1.2M in total funding
“So as of today, I want to say that they raised 125, I'm sorry, one point, yeah, 1.2 million.”
Nathan Kamstra Nov 15, 2019 ▶ 6:26 1574 Why This CIO Believe Indonesia Next Growth Opportunity for Team Insurance and Benefits
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