Array Ventures

“Bubble or not, enterprises are stale. They have old technology. They're not taking advantage of data, AI, machine learning to the point that they should in every vertical marketing, sales, HR, finance, everything.”

“The good example for Simility was it bought acquired, I believe, three years after we invested for hundred and twenty million, so it was almost 10 X. Or more, right? Like, so in from the initial check. And so that's a good example of, and it was all cash. So P…”

“Because of the kinds of things we invest in, there is a tech buildup, and that takes a year plus, oftentimes. But the minute they actually have a meaningful revenue, you know, a million usually takes another 12 months from there. So, I would say, in an ideal w…”

“Enterprises don't work that way unless you have been in an enterprise and you have that experience. You can't just be like, I think I'm looking for a new identity solution. This is, you know, that you don't do that. So yeah, it's usually through the referral n…”

“Array focuses on enterprise deep tech companies. So founders that want to go solve big industries that are old, but need reviving with data analytics, machine learning, any strong tech.”

“We believe in just. Revenue acceleration as fast as we can. So the lot of the programming we focus on when we invest in our companies is how to get from zero to one and in ARR and then from one to ten million as fast as we can.”

“Fund one we don't really share our numbers because they're through multiple mediums, but generally in the stage in size of 15 to twenty million.”

“So we come in anywhere owning eight to 10% at that stage.”

“This spot is exactly that, right? Like half a million to founders. It's usually the first round of institutional money.”

“Most of the podcasting tools out there were more around how do you, around discovery, but not many tools around creation and selling to companies.”

“Simility.”