Everything Ben Rudolph said on any show that made the record, most notable first. Each card names its show and opens the statement there.
Ben Rudolph: $500M in revenue gained quickly is easily lost
“If you can get five hundred million in revenue in six months, you'll probably lose five hundred million in revenue in six months.”
Heavy upfront deployment investment yields better long-term software margins
“In the long term, I'd say you probably have better, you have better margin because you have invested in that customer to a point where the technology is successful, and if that technology is like deeply embedded in the way that organization works.”
Peregrine served as expert witnesses in a solved homicide trial
“And that case actually moved forward to the point where we were expert witnesses in the trial that ended up solving that particular case.”
Peregrine's product is 50% software and 50% customer deployment
“However, I'd really say that I think of Peregrine's product as 50% of its technology. It's that, that platform that allows you to get insight, build workflows, and do that type of, like, technological work. The other 50% of our product is really the way we dep…”
Ben Rudolph says cold tech pitches to government agencies fail
“I think, especially in the early days, like a lot of these Government agencies have a ton of vendors who are like, hey, here's this technology. You want to use it? And it just doesn't land well.”
Government sales rely heavily on high-trust police chief networks
“And I think that was also the, especially the case in government where it's such a highly high trust network. I mentioned that we got our second customer because the chief just told the other chief that these guys were good and trustworthy. That dynamic is ver…”
Public sector software sales create strong regional snowball momentum
“And these things get easier as you do more of it, because as we generate penetration within certain areas, the next customer is that much easier. That, that state is more familiar with you. That city is more familiar with you. And so they have like a snowball …”
Peregrine scaled its ARR sequentially from $1M to $3M to $10M
“We went basically one, three, 10.”
Enterprise software buyers risk their careers on purchasing decisions
“When you purchase a big technology purchase for an organization, if you do that well and you do that right, that, that can like move you up the ladder. That is a very important piece of your job. And so it is taking a big risk if they go purchase some piece of…”
Peregrine began at San Pablo Police without a pre-built software solution
“When we went to partner with the first agency we worked with, the San Pablo Police Department, we didn't have a prescriptive solution. We had an objective, which was to help these detectives solve the cases that they were working on. And then we worked backwar…”
Founders worked as unpaid crime analysts inside a police department
“Yeah, he gave us a room in the department, and anytime there was a case, they would essentially treat us as crime analysts, and they'd be like, hey, we got a new homicide in, here's what we know about the case, can you help us with it? And we would be like, su…”
Peregrine's average annual contract value currently sits at $250,000
“To answer your second question first, our average ACV right now is around 250 K.”
Peregrine scaled B2G sales via door-to-door reps and 12-month cycles
“And we, the way we got scale is by hiring account executives, you know, across the country and teaching them. And it was card carrying knocking on doors and doing this at scale and building the pipeline. Going through the nine to 12 months sales cycle and doin…”
Peregrine built a mock emergency operations center to win state RFP
“We transformed our entire office into an emergency operations center. So when they like called in, we have these cameras that like mimic the same emergency operations center that they had in California and then like demoed exactly, you know, all these scenario…”