Businesshangouts logo
Founded 2011

Businesshangouts

2016 Revenue

$8.4M

YOY

Funding

$0.0

How Businesshangouts hit $8.4M in Revenue with 10K Customers in 2016.

About Businesshangouts

Super affordable Live webcasting software and Online meeting software by Business Hangouts, helps you to make a global presence of your business.

Monthly Revenue

$700.0K

Total Expenses

$700.0K

=
Net Income

$0.0

Ebidta Margin

0.00%

+
YOY Growth

=
Rule of 40

0


Headquarters

8033 Sunset Boulevard Los AngelesCaliforniaUnited States
$Funding$Revenue

Businesshangouts Revenue

In 2016, Businesshangouts revenue run rate hit $8.4M in revenue.

$8.4M

Businesshangouts Valuation and Funding History

Why are so many SaaS founders taking money from Founderpath.com instead of VC's?
Funding DateRoundAmountTotalValuation

Customers

Businesshangouts has 10K customers.

Lifetime Months

100

×
Monthly ARPU

$70.0

=
Lifetime Dollars

$7.0K


Acquisition Cost

$30.0

Average Annual Price

$840.0

$0$840.00 month payback period024681012

Churn

Businesshangouts has an annual churn rate of 12.00%

Churn vs Expansion

-100-500%50100
Gross Annual Dollar Churn

-12.00%

Annual Dollar Expansion

0.00%

Net Revenue Retention

88.00%

Team

Employees

Businesshangouts has 10 employees. They have 1 sales rep that carries a quota.

2016
DistributionQty

Total Team Size

10

Engineers

0

Sales

0

Marketing

0

CEO/Founder

Gary Guseinov

Gary Guseinov is a principal at International Equity Partners LLC. Gary is a seasoned technology-marketing executive, he founded web development and e-commerce firm Digital Media in 1994, where he served as the chief executive officer. In 1998 co-founded Synergy, a performance based online marketing firm, where he served as the President/CTO. During his tenure at Synergy he generated over $2 billion in revenues for its clients including GoToMyPC/Citrix, Oracle, Chase, Nortel, HP, Bank of America, and CitiBank. In 2003 Gary co-founded US Tech Support, a NASDAQ company, and raised over $50M from multiple institutional investors. US Tech Support provides internet security, cloud storage and live remote technical support services that work together to ensure maximum safety for consumers in a digital world.


CEO Q&A

What's your age?

46

Favorite online tool?

Calendly

Favorite book?

Power of the Mind

Favorite CEO?

Mark Zuckerberg

Advice for 20 year old self

Start with little capital


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Frequently Asked Questions about Businesshangouts

When was Businesshangouts founded?

Businesshangouts was founded in 2011.


Who is the CEO of Businesshangouts?

The CEO of Businesshangouts is Gary Guseinov


How many employees does Businesshangouts have?

Businesshangouts has 10 employees.

How much revenue does Businesshangouts generate?

Businesshangouts generates $8.4M in revenue.


How much funding does Businesshangouts have?

Businesshangouts has raised $0.0.


Where is Businesshangouts headquarters?

Businesshangouts is headquartered at 8033 Sunset Boulevard Los AngelesCaliforniaUnited States

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