![]() They realized the only way to solve the problem was to build purpose-filled hardware and software that people could use remotely.Some people will be in a conference room, others will need to join via a laptop, others will need to dial in via mobile phone.When Shan and his team set out to solve the problem, they realized the normal meeting today required flexibility in the way everyone connected to a remote meeting.Shan and his partners set out to solve a problem: getting people dialed in to a remote meeting.When it comes to B2B SaaS, there aren’t too many examples to rely on. ![]() ![]() It’s easier to build a hardware company today than it was 10-15 years ago, but it is still incredibly hard.The purchase price of DocVerse was around $25 million.The company handles over 150,000 meetings per month.They are a hardware/software company that operates like a SaaS-based business.Highfive has been around for five years and is continuously growing (they now have 2,000 customers).Then he stumbled upon the idea for Highfive, which Shan deemed a remarkable opportunity.He then worked for Google Enterprise Apps for a few years.Google then acquired the company and it was turned into Google Drive.Shan has been in tech startups for his entire career.Before we begin, please leave a review and rating and subscribe to the Growth Everywhere Podcast!.Tune in to hear Shan discuss his tech journey from Microsoft to Highfive, how much he sold his business DocVerse to Google for (who turned it into Google Drive), the difficulties of building a hardware/software company, and what they did to grow their YoY revenue by 170% from last year to this year.ĭownload podcast transcript here: How Shan Sinha Is Tackling the Videoconferencing Space with His Hardware/Software Biz Highfive TRANSCRIPT Hey everyone! In today’s episode, I share the mic with Shan Sinha, founder and CEO of Highfive, a company that sells a video conferencing hardware/software bundle.
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