The Ledger

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Insight
Chung argues hardware-enabled SaaS products have significantly lower customer churn
“Well, the beauty of what we do is because we have a hardware component that enables the SAS, it becomes a very sticky SAS-like product. So while there is a loss leader or basically a static component that's kind of a wash that enables a much, you can think of …”
Mark Chung Aug 14, 2017 ▶ 7:08 751: IoT Electricity Measuring King Raises $16m w/ $1.2 Million Revenue
Insight
Verdigris targets enterprise customers spending at least $10,000 monthly on electricity
“General rule of thumb is that we look for people who've spent, spend about 10,000 dollars a month on electricity.”
Mark Chung Aug 14, 2017 ▶ 14:43 751: IoT Electricity Measuring King Raises $16m w/ $1.2 Million Revenue
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