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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?

FromSaaS Interviews with CEOs, Startups, Founders


Suzy.com did $65m Revenue Last Year. 18% was services so how did he keep 75% gross margin?

FromSaaS Interviews with CEOs, Startups, Founders

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)

Over 10M founders, CEO's, and investors have downloaded this 15 minute daily podcast from Nathan Latka. Each day Latka interviews a software (SaaS) CEO and gets them to share how they've grown (or not) so fast all backed by hard data points. To date, over 1000 CEO's have been interviewed that together do over $6b in revenue, have raised over $5b, and employ more than 180,000 employees. The magazine for CEO's: http://nathanlatka.com/magazine The Book for CEO's: http://nathanlatka.com/bookamazon