Everything Chris Straw said on any show that made the record, most notable first. Each card names its show and opens the statement there.
Knapsack boasts an exceptionally high 190% net dollar retention rate
“Yeah, it's about a 190%.”
Straw: Targeting small teams rather than enterprise opened sales floodgates
“And so we made that shift to go from let's sell to big enterprise of plant. Let's sell these big enterprise plans to let's sell these smaller individual team deals and really focus on getting that first five users in the door. Yep. Top of the top of funnel. Ex…”
Knapsack's largest customer pays $200,000 annually for over 700 seats
“Yeah, our biggest customer is a little over 700 seats. They pay about 200,000 dollars a year.”
Straw's agency saw bookings collapse from $800,000 to $200,000 overnight
“We went from, like, 800 K in bookings to, like, less than 200 K in bookings, like, overnight.”
Knapsack Raised Seed Funding with $11K ARR and Two Customers
“Did a you know, small seed pre-seed round in January. With like one or two customers and like 11 K and annual revenue.”
Straw: Knapsack has about 15 enterprise customers and dozens of smaller accounts
“We have, you know, about 15 enterprise customers and then, you know, a couple dozen smaller customers.”
Knapsack generates approximately $40,000 in monthly recurring revenue
“Yeah, right around there.”
Knapsack grew monthly revenue from $900 to $40,000 in one year
“Yeah, exactly.”
Knapsack raised $2.3 million at a $7.5 million post-money valuation
“Yeah, so 2.3, we raised that seven and a half post money.”
Knapsack charges $25 to $50 per user per month
“We have our team plans, which anybody can sign up for. They're 25 dollars per user per month, and then there's our enterprise plans, which are 50 dollars per user per month and those tend to be to larger organizations.”