Archer Technologies
company on 1 show · 8 statements across 2 episodes · said 29 times in 2 episodes since 2022
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2022 29 mentions in 2 episodes 15 per episode
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8 statements about Archer Technologies, every show
Darbyshire: Archer Technologies sold to 29 of top 30 US financial institutions
“We're only selling into these 10, and people were frustrated with me in the first year and a half, two years, but what happened was we sold 29 of those 30 companies, and that's what launched us to sell to everybody else, right?”
Darbyshire: Retaining cash boosted Archer's $187M EMC offer to over $200M
“So this deck, this memorandum that we put together allowed us to get an offer for a hundred and eighty seven million. But what was key when we got to the LOI here is that we also got to keep the cash. That was in the business. So the deal was really north of t…”
Darbyshire: Archer sent M&A materials to seven companies, EMC closed in four weeks
“I think we sent it out to about seven organizations that we thought would have interest back in, in this space. Three of them responded. Only one of them was super serious and that was EMC and they wanted to do the deal in four weeks in one month, which was un…”
Darbyshire: Bain invested at $70M pre-money nine months before $200M exit
“Bain came in and invested, I think it was a seventy million dollar pre. It allowed me to take some money off the table. They bought about 20% of the company. They allowed the employees to cash out a portion of their stock options at that time, so it was It was…”
Darbyshire: Archer Technologies averaged a 97.6% renewal rate over nine years
“Over nine years, 97.6% renewal rate. So we only lost three customers in nine years.”
Darbyshire: Archer Technologies secured 76 Fortune 100 clients within six years
“At the end of the day, I think we had 76 of the fortune 100 were customers after like the first six years of the company.”
Darbyshire: Built one of the first no-code platforms in 2000 with Archer
“I built one of the first no code platforms back in 2000, which was Archer Technologies.”