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Re: Nspireaction post# 181769

Tuesday, 08/17/2021 9:59:41 AM

Tuesday, August 17, 2021 9:59:41 AM

Post# of 192145
I think moving non-SaaS revenues from our total revenue was a bad move too.

In a startup you need cash from everywhere you can get it. I understand that SaaS revenue has a higher multiple, but you let that part of the business continue while you build the SaaS part, which in turn will eventually become a larger percentage of overall revenue.

We bought Sound Concepts over 2 years ago and it was doing $14 million in sales annually and today VERB is only doing $10 million. I’d like to know where all the non-SaaS revenue is and what it has grown too, because we could use it now.
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