Contentful

8 statements across 2 episodes · 1 bullish · 0 bearish · 2 people on the record · first statement Sep 25, 2017 by Eric Vishria · said 21 times in 2 episodes since 2021 · across every show →

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brought up most by Harry Stebbings (12), Christoph Janz (9)

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Everything said about Contentful, oldest first

Sep 25, 2017 bullish
Assertion Not publicly verifiable
Vishria: Contentful closed six-figure US deals remotely before hiring in the US
“It's a Berlin-based company at the time, but there wasn't a single employee in the US, and yet they had built this incredible enterprise customer base of US companies, and that's just something that doesn't happen very often at all. You don't see companies clo…”
Eric Vishria Sep 25, 2017 ▶ 21:48 20VC: Benchmark's Eric Vishria on Why Career VCs Have Advantages Most Under Appreciate, Why We Are In An Infrastructure Renaissance & What Makes The Best VC Partnership
Nov 24, 2021 neutral
Assertion Partly supported
Contentful CEO Sascha Konietzke was an engineer with no sales background
“Sasha didn't have a sales background, right? It's not like he has learned how to do that. He's engineer by training.”
Christoph Janz Nov 24, 2021 ▶ 4:40 20VC: The Contentful Memo: Point Nine's Christoph Janz on The Cold Email That Led to a Unicorn Investment, How To Approach Market Sizing and Timing & The Pros and Cons of Pre-Emptive Rounds, When To Do Them vs When Not To?
Nov 24, 2021
Disclosure
Point Nine took three to four months to close Contentful deal in 2012
“It took us, I think, two months to do our work and come to a decision, and then probably another one or two months to actually do”
Christoph Janz Nov 24, 2021 ▶ 7:04 20VC: The Contentful Memo: Point Nine's Christoph Janz on The Cold Email That Led to a Unicorn Investment, How To Approach Market Sizing and Timing & The Pros and Cons of Pre-Emptive Rounds, When To Do Them vs When Not To?
Nov 24, 2021 neutral
Disclosure
Point Nine's initial exit target for Contentful was a few hundred million
“I think we didn't dream beyond an outcome of a couple of hundred millions in exit valuation. Our ambition started to get bigger over time, but, like, we had a tiny fund, like, we, I guess the term unicorn wasn't even coined yet, like, we were not really expect…”
Christoph Janz Nov 24, 2021 ▶ 25:18 20VC: The Contentful Memo: Point Nine's Christoph Janz on The Cold Email That Led to a Unicorn Investment, How To Approach Market Sizing and Timing & The Pros and Cons of Pre-Emptive Rounds, When To Do Them vs When Not To?
Nov 24, 2021 neutral
Disclosure
Contentful's seed pitch to Point Nine was a cold email in 2012
“He sent me that email in March, 20 12. It was an cold email with a subject SaaS seed funding storage room.”
Christoph Janz Nov 24, 2021 ▶ 4:02 20VC: The Contentful Memo: Point Nine's Christoph Janz on The Cold Email That Led to a Unicorn Investment, How To Approach Market Sizing and Timing & The Pros and Cons of Pre-Emptive Rounds, When To Do Them vs When Not To?
Nov 24, 2021 neutral
Assertion Not checkable as stated
Contentful's original seed pitch deck targeted a $12M total addressable market
“I had a look at the original deck in preparation for this meeting with you, Harry, and it's unbelievable if you look at this from the perspective of today, that Sasha is the original market at twelve million dollar As the addressable market, he did mention tha…”
Christoph Janz Nov 24, 2021 ▶ 8:30 20VC: The Contentful Memo: Point Nine's Christoph Janz on The Cold Email That Led to a Unicorn Investment, How To Approach Market Sizing and Timing & The Pros and Cons of Pre-Emptive Rounds, When To Do Them vs When Not To?
Nov 24, 2021 neutral
Assertion Not checkable as stated
Janz: Contentful took years of slow growth and delays before succeeding
“It was not an overnight success, though. It's not like this company has taken off right away. Like, it took a couple of years of relatively slow growth and ups and downs, and re-architecturing the product takes a year longer than expected.”
Christoph Janz Nov 24, 2021 ▶ 10:10 20VC: The Contentful Memo: Point Nine's Christoph Janz on The Cold Email That Led to a Unicorn Investment, How To Approach Market Sizing and Timing & The Pros and Cons of Pre-Emptive Rounds, When To Do Them vs When Not To?
Nov 24, 2021 neutral
Disclosure
Point Nine invested under $250K in Contentful's $500K seed round
“Contentful's First round, we call the seed round, was 500 K. And we didn't even do it alone because we thought this was way too much for our tiny little fund. So we did less than half of it and helped Sasha fill up the round with others or help him get Balders…”
Christoph Janz Nov 24, 2021 ▶ 20:11 20VC: The Contentful Memo: Point Nine's Christoph Janz on The Cold Email That Led to a Unicorn Investment, How To Approach Market Sizing and Timing & The Pros and Cons of Pre-Emptive Rounds, When To Do Them vs When Not To?
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