Everything Bastin Gerald said on any show that made the record, most notable first. Each card names its show and opens the statement there.
Gerald: Small businesses need enterprise software more than large corporations do
“Small businesses need the, need them more than enterprises in my opinion because they're juggling like too many balls.”
Gerald: Apptivo experiences roughly 15% annual churn
“You know, if you look at churns, probably like, you know, in the, you know, 15%.”
Gerald: Apptivo has taken no institutional venture capital
“We've I mean, mostly bootstrapped, and then we've raised some capital from private investors. We've not done any Venture investment yet, like an institutional investment yet.”
Gerald: Apptivo has raised close to $3.5 million
“So we've raised close to three and a half million so far.”
Gerald: Apptivo serves over 200,000 businesses worldwide
“We are over 200,000 businesses worldwide.”
Gerald: Over 75% of Apptivo's users are on the free tier
“Actually, more than 75% of them are not, are free users.”
Gerald: Apptivo generates slightly under $800,000 in MRR
“No, no, it's actually around that, a little bit less than that.”
Gerald: Apptivo spent zero on paid acquisition last month
“It's actually zero last month.”
Gerald: Apptivo charges $10 per user per month
“And we charge a 10 dollars a user a month is our, that's, we have a freemium model.”
Gerald: Apptivo's average team size grew from one to five seats
“So the average is increasing. It's more like five right now. On an average. But You know, it used to be like one, like five years ago.”
Gerald: Apptivo employs around 300 people
“Oh, we have around 300 employees.”
Gerald: Apptivo splits team between India engineering and California GTM
“Majority of the engineering happens from India and majority of the product management, but actually all of the product management, sales, everything marketing happens from Fremont here in California.”
Gerald: Apptivo assumes customer lifespan is 3 to 4 years
“Three, four years.”