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SaaS Interviews with CEOs, Startups, Founders

1131 We do $70m Annually in Buyer Data Space, 50% Gross Margin

SaaS Interviews with CEOs, Startups, Founders

Nathan Latka

Ceo, Entrepreneurs, Founders, Software, Business, Entrepreneurship, Saas, Startups

4.6683 Ratings

🗓️ 29 August 2018

⏱️ 18 minutes

🧾️ Download transcript

Summary

Jay Habegger is the co-founder and CEO of ownerIQ. Jay is a pioneer in digital media and advertising having over 20 years experience. He has built The Q from it's humble beginnings to leading the industry in second party data and as the leading programmatic solution for digital advertisers, retailers and brands. Previously, Jay was the CEO and president of Bitpipe, leading the company through to its sale to TechTarget in 2004 in a $40 million transaction.

Transcript

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0:00.0

He's having a lot of success after selling his first company, BitBite for 40 million bucks.

0:04.1

Then in 2007, launched owner IQ.

0:07.0

They're now serving about 600 brands that are sharing or borrowing or, you know, buying somebody else's data every month on his platform.

0:13.9

They've worked with about 1,000 in total.

0:15.7

But again, data is hot.

0:17.1

They've raised about 40 million bucks doing about 70 million top line gross, in terms of

0:21.4

gross revenue doing about half that. So healthy, healthy business. This is the top entrepreneurs

0:27.6

podcast where founders share how they started their companies and got filthy rich or crash and burn.

0:36.4

Each episode features revenue numbers, customer counts, and other insider information that creates business news headlines.

0:45.3

We went from a couple hundred thousand dollars to two point seven million.

0:48.3

I had no money when I started the company.

0:50.3

It was a hundred and sixty million dollars, which is the size of any IPOs. We're a bit strapped.

0:55.3

We have like 22,000 customers. With over 5 million downloads in a very short amount of time,

1:03.4

major outlets like Inc are calling us the fastest growing business show on iTunes. I'm your host,

1:09.5

Nathan Latka, and here's today's episode.

1:13.9

Hello, everybody. My guest today is Jay Habiger. He's the co-founder and CEO of Owner

1:18.5

IQ. He's a pioneer in digital media and advertising, having over 20 years of experience in the

1:23.5

space. He's built the queue from its humble beginnings to teaching and leading the industry and second-party data and has the leading programmatic solution for digital advertisers,

1:31.6

retailers, and brands. Previously, he was the CEO and president of BitPipe, leading the

1:36.0

company through its sale to Tech Target in 2004 in a $40 million transaction. Jay, are you ready

1:41.5

to take us to the top? Absolutely. Okay, they say it's hard to

1:45.4

motivate a rich man. How much money did you make on the $40 million transaction? Why do you stay

...

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