18 min listen
Suzy.com did $65m Revenue Last Year. 18% was services so how did he keep 75% gross margin?
Suzy.com did $65m Revenue Last Year. 18% was services so how did he keep 75% gross margin?
ratings:
Length:
19 minutes
Released:
Jan 30, 2024
Format:
Podcast episode
Description
Matt Britton sold his agency for $50m in 2010 then launched Suzy.com in 2011. The original version, Crowdtap, was a mobile app where consumers could test new enterprise products like candy bars, detergents, and other items. The firm struggled and then doubled down on Enterprises paying for user research through its software, hitting $10m Revenue in 2018. Last year the firm did $65m in revenue and burned $12m. Britton says “We’ll hit $82m revenue this year and plan to burn $9m with a track to $100m ARR by mid 2025.” Will he get there?
Released:
Jan 30, 2024
Format:
Podcast episode
Titles in the series (100)
How to Run Profitable Event And Become Rich With Joe Pulizzi: Nathan Latka brings you top entrepreneurs daily inspired by Tim Ferriss, Pat Flynn, John Dumas, Entrepreneur on Fire, Chalene Johnson, NPR, HBR, the StartUp podcast, Art of Charm, Dave Ramsey, Planet Money, APM Marketplace, Mixergy, Seth Godin, #AskGaryVe by SaaS Interviews with CEOs, Startups, Founders