In Episode #545, I interview Gal Har-Zvi. He’s a passionate entrepreneur who lives and breathes B2B sales, marketing, and everything in between. He’s one of the founders of Valueshine Ventures, the technology holdings company and a successful online marketer for various software categories and verticals. He’s currently the CEO and founder of the company called Unomy.
Famous Five:
Favorite Book? – Pitch Anything
What CEO do you follow? – N/A
Favorite online tool? — Calendly, ZoomUS, Yesware, SalesLoft, Boomerang
Do you get 8 hours of sleep?— No
If you could let your 20-year old self, know one thing, what would it be? – “Just do whatever you love and are passionate about and everything will be good”
Time Stamped Show Notes:
01:42 – I introduce Gal to the show
02:14 – Unomy provides sales intelligence solutions
02:27 – Unomy makes money by selling annual subscriptions
02:40 – Unomy was launched in 2014
02:53 – Raised capital after 6 months
03:00 – Launched the current version focused on enterprise sales a year ago
03:25 – First year revenue
04:05 – Unomy currently changed their business model because the first one was not successful
04:21 – 2015 revenue
04:36 – 2016 revenue goal
05:03 – Unomy currently has mid-market businesses, but gradually switching to larger accounts
05:36 – Average customer pay annually
05:49 – Average number of current customers
05:58 – Unomy has currently raised capital
06:08 – Unomy did a seed round and a few convertible notes
06:18 – Unomy is going to raise a Series A
06:39 – Gal shares why they are raising capital
06:56 – Unomy’s competitors are raising capital as well
07:21 – Unomy will probably raise $5-6M
07:40 – Unomy’s valuation
08:33 – In any round, a founder should expect to lose anywhere between 25-35% of their company
09:17 – Gal and Nathan discuss what an average deal is
09:45 – There are a lot of VCs in Israel
10:20 – Unomy has 3 branches
10:48 – Team size is 24
10:56 – Gross annual churn
11:35 – Customer’s LTV
12:02 – CAC
13:20 – Number of companies in Unomy’s database
13:58 – Gal shares what makes them better than their competitors
15:00 – Unomy has a variety of categories
15:30 – Unomy was founded to help sales companies, not investors
16:06 – Unomy uses more sources than others
17:19 – Unomy has a guarantee and if you get a bounce email, you can get your money back
17:38 – Unomy does real-time verification
19:10 – The Famous Five
3 Key Points:
In any round, a founder should expect to lose anywhere between 25-35% of their company.
A company should focus on why it was founded in the first place.
Do what you love and are passionate about and the rest will take care of itself.