Perx
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Top Founders 3
2020 3 mentions in 1 episode
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10 statements about Perx, every show
Gong: Perx has approximately nine months of cash runway left
“We have about a few million left. We have a nine months runway.”
Gong: Perx raised Series B at a $27M pre-money valuation
“So we raise our B round on 27 pre-money, this round.”
Gong: Perx scaling ARR from $1M to $5M in current fiscal year
“We're now into the third year of this enterprise solution that we're going to market, and we had started with 500 K, then one million ARR, and now we're actually closing this fiscal year on five million, so the five X growth.”
Gong: Cleaning up cap table of Asian billionaires took two years
“But eventually it took me two years to re recap the entire investment table, because we had a lot of strategic investors and, you know, family money in Asia a lot of billionaires on our cap table, so you gotta play.”
Gong: Asian SME merchants are "spoon-fed" by government grants
“In Asia, the merchants are so low tech that it, the maintenance was not scalable either. They're spoon fed. You know, the governments would give them, you know, so much grant money to sustain their business, and they're so entitled to, ah, the government money…”
Gong: Perx was doing $400K to $500K ARR upon her arrival
“It was probably about 400 K, 500 K. An ARR.”