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SaaS Interviews with CEOs, Startups, Founders

1674 The Weird FB Ad Headline He Uses to Sell his Rental Management Software

SaaS Interviews with CEOs, Startups, Founders

Nathan Latka

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

4.6683 Ratings

🗓️ 23 February 2020

⏱️ 10 minutes

🧾️ Download transcript

Summary

Alexander is co-founder and CEO of Syncbnb. Since 1995 he has worked as a web designer, web developer, project manager and team leader, SEO/SEM specialist and social media manager before moving on to C level positions in large tech corporations in Greece. He recently left a Managing Partner position in the largest online services group in Greece to start Syncbnb with his co-founder Petros.

Transcript

Click on a timestamp to play from that location

0:00.0

Sync B&B helps you manage your rentals. He's currently working with 1,200 rentals,

0:04.0

which each pay about 13, 14, 15 bucks a month, doing 15 grand per month right now in a revenue,

0:09.5

up from nothing just a year ago. You know, he had issues doing this with his own company,

0:13.4

with his own rental unit, basically built the tool for himself, split at 60, 40 with his

0:17.5

development co-founder, now raised 58080 grand his team of nine in Greece are building

0:21.1

this out burning about 15 grand a month so plenty runway 8% logo churn per month as they look to

0:26.4

scale no upsells yet spending 60 bucks to get a new customer so about a three-month

0:29.8

payback hello everybody my guest today is alexander caravitas he is uh this co-founder and

0:36.9

CEO of sync bBNB.

0:38.6

Since 1995, he's worked as a web designer, developer, project manager, and team leader,

0:43.0

along with a specialist in many other areas, before moving on to sea level positions

0:46.2

in large tech companies in Greece.

0:48.2

He recently left a managing partner position in the largest online services group in Greece

0:52.5

to start SyncBNB with his co-founder, Petros.

0:55.8

They're now playing in the vacation rental channel management space. All right, Alexander,

0:59.7

are you ready to take us to the top? Sure am. Let's take it to the top. All right. Tell us about

1:04.3

the company. What do you guys doing? And what's your revenue model? How do you make money?

1:08.5

So, Sync B&B helps vacation rental owners and managers increase their revenue, manage bookings

1:14.4

from multiple sources, and avoid double bookings. So it's pureplice SaaS. We charge $15 per rental

1:22.5

per month. And we offer some other services also, which are one-off, but that's our main model.

1:30.1

And Alexander, so how many rentals are being managed to the platform today?

1:33.8

So we currently manage 1,200 rentals that belong to 400 different owners or managers.

...

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