Vidyard has raised $75 million with a single-page pitch deck. - Business Insider

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 72 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 32%
  • Publisher: 51%

대한민국 뉴스 뉴스

대한민국 최근 뉴스,대한민국 헤드 라인

This startup founder has raised $75 million with a one-slide pitch deck. Here's why he thinks that's a winning strategy.

The single slide focuses on a chart showing the company's accelerating annual recurring revenue rate.

"Every single time we've approached [fundraising] using this strategy, an investor has decided to ultimately write a check or issue a term sheet," Litt told Business Insider in an interview Monday. They had some success attracting customers. But many of their clients wanted something more — a way to put the videos Litt and Galloway had created onto their web sites. At the time, one of the most prominent alternatives for easily embedding a video on a website was to use YouTube. For corporations, though, YouTube had numerous disadvantages.

The company, now offers mobile apps and an extension for Chrome, and its software allows customers to record videos and easily post them on their sites. It also host videos for customers and will help them customize their recordings. And it helps client track and market to people watching the videos, integrating with Salesforce's customer relationship management service.

That pitch has resonated with companies. Vidyard expects to have 10,000 paying customers within the next year, and it's added some 4.7 million individual, free users just since the beginning of March. The company, which has more than 200 employees, is already profitable, Litt said, and is plowing some its profits back into its own marketing efforts.That kind of success has made it easier for the company to raise money through its one-slide presentation, Litt said.

 

귀하의 의견에 감사드립니다. 귀하의 의견은 검토 후 게시됩니다.
이 소식을 빠르게 읽을 수 있도록 요약했습니다. 뉴스에 관심이 있으시면 여기에서 전문을 읽으실 수 있습니다. 더 많은 것을 읽으십시오:

 /  🏆 729. in KR

대한민국 최근 뉴스, 대한민국 헤드 라인

Similar News:다른 뉴스 소스에서 수집한 이와 유사한 뉴스 기사를 읽을 수도 있습니다.

Pitch deck: Social care startup Birdie raised Series A round from AXA - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
출처: BusinessInsider - 🏆 729. / 51 더 많은 것을 읽으십시오 »

European investor Kindred Capital raises $105 million - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
출처: BusinessInsider - 🏆 729. / 51 더 많은 것을 읽으십시오 »

Facebook: Engagement with anti-vaxx pages more than trebled in a month - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. I will not be participating Facebook hater, short squeeze soon! Mr Darwin might be able to resolve this one.
출처: BusinessInsider - 🏆 729. / 51 더 많은 것을 읽으십시오 »

Tech stock sell-off: Single-day outflows for QQQ the most since 2000 - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Are you NEW to FOREX? Minimize your losses with my expert strategy with an investment capital of $1000, i can guarantee $9,500 as profits after 5 days of investment. Inbox me if interested.
출처: BusinessInsider - 🏆 729. / 51 더 많은 것을 읽으십시오 »

Boehringer Ingelheim and Click Therapeutics ink a $500 million deal - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
출처: BusinessInsider - 🏆 729. / 51 더 많은 것을 읽으십시오 »