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#2247 1 Change Got Wistia a $6 Mil Profit
The change: cutting expenses.
Wistia was on track to lose $3 million per year when the founders bought out their investors with borrowed money. Chris Savage & Brendan Schwartz told me that meant the Wistia team had to be maniacal about cutting costs.
But why couldn’t they do it before? And cutting expenses isn’t enough to grow a business? What else did they do? Catch the interview and see.
Chris Savage & Brendan Schwartz are cofounder of Wistia, the video marketing platform for businesses.
Sponsored by
Lemon.io – Why squander time and money on developers who aren’t perfect for your startup? Let Lemon match you with engineers that can transform your vision into reality — diabolically fast. Go to Lemon.io/mixergy for a 15% discount on your first 4 weeks with one of their devs.
More interviews -> https://mixergy.com/moreint
Rate this interview -> https://mixergy.com/rateint
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By Andrew Warner
4.5
520520 ratings
The change: cutting expenses.
Wistia was on track to lose $3 million per year when the founders bought out their investors with borrowed money. Chris Savage & Brendan Schwartz told me that meant the Wistia team had to be maniacal about cutting costs.
But why couldn’t they do it before? And cutting expenses isn’t enough to grow a business? What else did they do? Catch the interview and see.
Chris Savage & Brendan Schwartz are cofounder of Wistia, the video marketing platform for businesses.
Sponsored by
Lemon.io – Why squander time and money on developers who aren’t perfect for your startup? Let Lemon match you with engineers that can transform your vision into reality — diabolically fast. Go to Lemon.io/mixergy for a 15% discount on your first 4 weeks with one of their devs.
More interviews -> https://mixergy.com/moreint
Rate this interview -> https://mixergy.com/rateint
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