TimeControl
product on 1 show · 8 statements across 1 episodes · said 7 times in 1 episodes since 2022
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8 statements about TimeControl, every show
TimeControl generated roughly $700,000 in profit in 2021
“Last year there was about 700 K in profits.”
TimeControl distributes roughly 20% of its profits back to staff
“We take about 20% of our profits and we give them to the staff.”
74% of TimeControl's 2021 revenue was recurring
“74% of our revenue in twenty-twenty-one is recurring.”
The Federal Reserve rejected TimeControl's SaaS deployment over data localization
“Turns out the Federal Reserve Board of Governors doesn't want to use our SAS. I don't know. I think we're trustworthy, but they went, no, no, you're not even in the country. So, well, you're in the country, but the company's not, so no. The US Coast Guard don'…”
Founders today can rarely raise venture capital and keep majority control
“I can tell you that a deal that I would get today would not be as good as the deal I got in 99, because I would not get a deal where I would be able to keep control. Only because I had more than 50% of control, even with all of that stuff that happened, was I …”
TimeControl has never sold software to a company its own size
“We've never sold to a client our size. I mean, we're now, you know, twenty-ish people. But we've never sold to a company of 20 people. Our clients since the beginning have always been kind of conditioned to larger size firms.”
TimeControl is on track to reach $3M revenue in 2022
“And things are on track for this year to be at about three. So ah, so things are generally going quite well.”