Everything Billy Bosworth said on any show that made the record, most notable first. Each card names its show and opens the statement there.
Bosworth: DataStax generates over $100M ARR with 75%+ gross margins
“Our revenues exceed a hundred million in ARR. We have over 75% gross margin.”
Bosworth: DataStax net revenue expansion exceeds 110% for enterprise accounts
“We should see net expansion rates, which includes churn and then also expansion over a 110%.
And we see well beyond that at the moment with our enterprise class counts.”
Bosworth: Migrating enterprises to distributed databases requires professional services
“What you require is some initial handholding with your customers, because they're still thinking on old relational paradigms, and when I say relational, that's Oracle, SQL Server, Sybase, those kind of things.
And you got to get them transitioned into this new…”
Bosworth: DataStax will maintain 40%+ hyper-growth for three years
“Even, even our three year business model, we're projecting still being in a hyper growth category, which generally people at our size would define as 40% or higher. And so even when, as we look out the next three years, we believe we can stay in that hyper gro…”
Bosworth: DataStax has raised almost $200 million through Series E
“That's right. Through series E as in echo. Yeah. So through those five rounds of funding, we've raised almost two hundred million.”
Bosworth: Up to 70% of DataStax workloads run in the cloud
“We have about 60 to 70% of our workloads are already being run in the cloud, either with us managing it or our customers managing it.”
Bosworth: DataStax average contract value is closer to $100,000
“Closer to the hundred grand. We service enterprises, and we stay very focused on enterprise class problems and enterprise class customers.”
Bosworth: DataStax is near cash-flow positive and needs no more capital
“We have a very, very clear and close line of sight to cashflow positive. So our cash is kind of in our control. It means that we have no need to raise more money.”
Bosworth: DataStax capital primarily funded operations, not secondary transactions
“That was almost all going to operations. There was some very, very minor rounding error type of secondaries early on, but that goes all to operations.”
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