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795: SaaS: With $117m Raised, Google Tried to Kill Him But He's Winning App Deeplinking Wars

795: SaaS: With $117m Raised, Google Tried to Kill Him But He's Winning App Deeplinking Wars

FromSaaS Interviews with CEOs, Startups, Founders


795: SaaS: With $117m Raised, Google Tried to Kill Him But He's Winning App Deeplinking Wars

FromSaaS Interviews with CEOs, Startups, Founders

ratings:
Length:
34 minutes
Released:
Sep 27, 2017
Format:
Podcast episode

Description

Alex Austin. He’s the CEO and co-founder of Branch, a leading mobile deep linking platform with solutions that unify mobile user experience and measurement across devices, platforms and channels. He founded Branch back in 2014 while attending Stanford Graduate School of Business. Before founding Branch, Ale founded Kindred Prints, had engineering roles at NASA and holds many research papers under his name.  Famous Five: Favorite Book? – The Mistborn Trilogy What CEO do you follow? – Jeff Bezos Favorite online tool? — JMP Statistical Analysis How many hours of sleep do you get?— 7 If you could let your 20-year old self, know one thing, what would it be? – You have to start your own company, don't wait. There is never the right time.   Time Stamped Show Notes: 02:04 – Nathan introduces Alex to the show 02:46 – Alex shares how he moved from NASA to a deep linking platform 03:33 – Alex realized that he hated school and loves building instead 03:57 – Alex still does building projects on his free time 04:33 – Alex started Branch when they were building the Kindred app 04:46 – The problem they faced was discovery as it was hard for people to find the app 05:36 – The only way people find Kindred is through the app store 05:48 – Alex created an ability to link to their photobooks with the ideal model 06:00 – They were able to do deep linking which is the ability to link to a page inside an app and have people discover the app for the content inside 06:12 – Branch was then able to solve a general problem 06:28 – Alex then decided to sell Kindred 07:34 – They didn’t see Kindred as a billion dollar company 07:47 – When they started Branch, people were already asking them about the technology 08:30 – Currently, 40% of the app ecosystem is using Branch today 08:42 – Airbnb is one of the apps that uses Branch—if you use it to find a property, then send a link to a friend, that link would be a branch link 09:05 – The goal is to get 90% of the app ecosystem to use Branch 09:26 – Google will allow you to search data on the web and Branch will search through all the pages 09:37 – Branch charges through the usage of the link 09:41 – The ultimate goal is to build a discovery platform 09:47 – Branch is a SaaS business 10:19 – For big companies, the charge is actually by tier 10:47 – Average deal size for enterprise client is $55-60K annually 10:57 – Branch just started selling to enterprise 11:03 – Branch was launched in 2014 11:09 – The platform was initially being given away 11:33 – They only turned on their paywall more than 7 months ago 11:39 – Branch raised $117M 11:57 – It was a priced seed round and a carryover from Kindred 12:38 – Team size is around 120 with 65 engineers 13:40 – The weirdest marketing tactic they did was they went to Stack Overflow and answered questions back linking to their product 14:38 – Branch just started a meetup group where people can talk about mobile growth 15:22 – Over 26K developers are using the SDKs 15:33 – When they first started, they’ve worked on different series of ideas that failed to work 15:51 – It took a couple of months for them to gain momentum 16:40 – Number of paying customers 17:18 – 99% of the revenue comes from enterprise customers 18:35 – The app ecosystem is like Yahoo, in 1995 18:53 – Google allowed the access to the information on the web 19:19 – Branch is built as SaaS because it keeps the lifeline long 19:55 – How Alex delivers his pitch 20:18 – Alex doesn’t want to have competition and they always make sure to kill off those who start to compete 20:57 – The platform is designed to have a network effect 21:36 – EOCO is the company that closed after competing with Branch 22:20 – Alex’s wife is a VC but she’s not invested in Branch 24:28 – Alex isn’t really doing Branch for the money alone 24:58 – Alex sees Branch as his contribution to make a great impact 26:00 – “There’s always a big company to go after” 26:13 – Google launched a product last year which is a
Released:
Sep 27, 2017
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