4.6 • 683 Ratings
🗓️ 14 March 2020
⏱️ 12 minutes
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Sai Hossain is the CEO of Crowdcast, a live-streaming & webinar platform for professional creators. Born in a small village in Bangladesh, Sai immigrated to the country at a young age and slowly made his way to silicon valley. There he teamed up with some great thinkers to design and build a new way for people to share ideas at scale.
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0:00.0 | launched Crowdcast back in 2015. Now, 1,000 customers paying 70 bucks a month, |
0:03.9 | 70 grand per month and revenue up from 30 grand a month just a year ago. So healthy growth |
0:08.1 | on really no marketing spend, which is great. They've raised a million bucks, |
0:11.5 | burning less than 5 grand a month right now in terms of cash flow. Seven folks on the team, |
0:15.9 | remote and in San Fran, about 5% revenue churn, between 5% and 10% revenue churn per month as they look to scale |
0:22.2 | and hopefully invest more in the tech, especially, and also increase margins with the new video |
0:25.6 | partnership they've just launched. |
0:27.6 | Hello, everyone. |
0:28.2 | My guest today is Sae Hussain. |
0:29.7 | He's the CEO of Crowdcast, a live streaming and webinar platform for professional creators. |
0:34.2 | Born in a small village in Bangladesh, he immigrated a country at a young age and slowly made his way to Silicon Valley. There, he teamed up with some great thinkers to design |
0:40.9 | and build a new way for people to share ideas at scale. Sire, are you ready to take us to the top? |
0:46.1 | Yeah, I'm excited to be on the show. The audio is breaking up a little bit down. No worries. |
0:49.3 | We'll be good. Talk to us about Crowdcast. What's the company do and what's your revenue model? How do you make money? Yeah, ultimately we are structured in a similar way as a webinar platform in the sense |
0:59.5 | that it's a SaaS platform that we have customers paying us on recurring basis. |
1:04.1 | But ultimately, you know, we're basically kind of combining what you see in the live streaming |
1:08.6 | world with what you're getting in the webinar space. |
1:10.4 | So we're giving the tools that you typically get in the business world, but giving you the experience |
1:14.6 | of social live streaming. |
1:16.5 | Okay. And give me a use case. Like name a customer that's paying you and how they're using you. |
1:21.0 | I mean, a good example was just yesterday. We had Amanda Palmer, who's a YouTube celebrity, |
1:24.8 | and she had about a thousand people who are her patrons, |
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