Adam Sabin

Everything Adam Sabin said on any show that made the record, most notable first. Each card names its show and opens the statement there.

TOP FOUNDERS Insight

Universities resist per-seat software pricing due to budget certainty needs

“Universities it's tough, tough for them to do per seat cause they need certainty of budget.”

Adam Sabin Apr 19, 2019 ▶ 3:57 1364 Are you being acquired? "No comment"

TOP FOUNDERS Assertion Not checkable as stated

PeopleGrove was down to $20K in the bank before closing Stanford

“We had our initial convertible notes at 500 K. We were down to 20 K in the bank.”

Adam Sabin Apr 19, 2019 ▶ 8:07 1364 Are you being acquired? "No comment"

TOP FOUNDERS Assertion Not checkable as stated

PeopleGrove reaches 170 institutional customers

“A 170 institutions.”

Adam Sabin Apr 19, 2019 ▶ 4:58 1364 Are you being acquired? "No comment"

TOP FOUNDERS Assertion Not checkable as stated

PeopleGrove approaches $4 million in ARR

“Oh, you know, running towards four.”

Adam Sabin Apr 19, 2019 ▶ 5:48 1364 Are you being acquired? "No comment"

TOP FOUNDERS Assertion Supported

PeopleGrove has raised $2.5M in total funding

“So I have this whole other story of a failed company, but this particular one see around was 1.8. And then we had some convertible notes. So a 2.5 total.”

Adam Sabin Apr 19, 2019 ▶ 6:32 1364 Are you being acquired? "No comment"

TOP FOUNDERS Assertion Not checkable as stated

PeopleGrove's cash balance equals the exact amount raised a year prior

“Like cash balance wise, the amount of money we raised a year ago is the exact balance we have today.”

Adam Sabin Apr 19, 2019 ▶ 9:51 1364 Are you being acquired? "No comment"

TOP FOUNDERS Assertion Not checkable as stated

PeopleGrove maintains 96% logo retention, with only four churned customers

“Customer logos, 96%. So of our 170, I think four total have churned.”

Adam Sabin Apr 19, 2019 ▶ 10:35 1364 Are you being acquired? "No comment"

TOP FOUNDERS Assertion Not checkable as stated

PeopleGrove generated over $500K in expansion revenue against $50K churn

“While the logos we churn represented about 50 K of ACV, our expansion revenue has been over 500 K.”

Adam Sabin Apr 19, 2019 ▶ 10:55 1364 Are you being acquired? "No comment"

TOP FOUNDERS Assertion Not checkable as stated

PeopleGrove contracts range from $15K to six figures per year

“We've got initial contract size, and you know, you have 15 to 20 K per year, all the way up to six digits now.”

Adam Sabin Apr 19, 2019 ▶ 3:25 1364 Are you being acquired? "No comment"

TOP FOUNDERS Assertion Not checkable as stated

PeopleGrove was at $1M ARR in August 2017

“At one.”

Adam Sabin Apr 19, 2019 ▶ 6:00 1364 Are you being acquired? "No comment"

TOP FOUNDERS Disclosure

PeopleGrove is not seeking outside capital due to a strong cash balance

“We haven't sought it. Right now the cash balance is good. And we have all the incentive in the world to just keep growing the business organically if we have the cash.”

Adam Sabin Apr 19, 2019 ▶ 13:45 1364 Are you being acquired? "No comment"

TOP FOUNDERS Assertion Contradicted

PeopleGrove operates without a VP of Sales or Customer Success

“We don't have a VP of sales. We don't have a VP of customer success.”

Adam Sabin Apr 19, 2019 ▶ 14:20 1364 Are you being acquired? "No comment"

One line per show, most statements first. The link opens Adam's full record on that show: the calibration, argument clarity, speaking style and every statement made there.

Show	Role there	Eps	Statements	Record
TOP FOUNDERSLEDGER	Co-Founder & CEO, Prismity	1	12	50% 1/2	full record on Top Founders →