Sortable
company on 1 show · 8 statements across 1 episodes · said 25 times in 1 episodes since 2019
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8 statements about Sortable, every show
Reid: Sortable Will Sell Far Less Than 30% Equity in Any Fundraise
“We're not looking to do typical things we will be giving less of the company away less than less than like 30% is typical right”
Reid: Sortable is growing roughly 30% to 40% year-over-year
“I would say right now we're probably. It's 30, 40%.”
Reid: Sortable targets under six-month customer payback period
“No, we're, we work on less than six months.”
Reid: Sortable raised $1.4M for seed capital and buyback
“That was raised sort of on the onset as seed capital, but also as capital to do the buyback, to do part of the buyback.”
Reid: Sortable annual contract values range from tens to hundreds of thousands
“Yeah, publishers could be anywhere from sort of tens of thousands of a year up to hundreds of thousands.”
Reid: Sortable Maintains Roughly 95% Publisher Logo Retention
“Oh, it's like 90, yeah, so this doesn't factor in upsell, but it's like 95%, something like that.”
Reid: Sortable Achieves Over 100% Annual Net Revenue Retention
“I mean, in aggregate, we try and look at it across a few cohorts. Right. So that it's like, it makes sense. And I would say yes, cause there's, you know, normally in SAS you have a lot of upsell opportunity, right?”
Reid: Sortable was bought back post-acquisition and pivoted to B2B SaaS
“We built out a publishing business that was consumer focused sold it and yeah, wasn't happy with the sort of the trajectory we were going on post acquisition and so bought it back and Largely pivoted to a B to B focused yeah. SAS company trying to help publish…”