Everything Dan Sachs said on any show that made the record, most notable first. Each card names its show and opens the statement there.
Sachs: Businesses prefer buying cloud software from a single trusted provider
“Most businesses don't necessarily want to just go online and subscribe to services. They want to buy everything they need from a trusted provider.”
Sachs: AppDirect sees a 'bigger opening than ever' for an IPO
“We do see it being more attractive and there's a bigger opening than ever for enterprise companies of our profile to go public.”
Sachs: High customer retention allows flexibility on upfront sales compensation
“So if you know that your customers are signing up, there's a lot of value. You're going to stay for a long time. Then you can afford to be more flexible on the upside providing the market opportunity is really big.”
Sachs: AppDirect sees high growth in transaction fees versus platform fees
“A combo of both, but definitely the platform fee was the you know, line share of the initial product. And then we see really, really high growth in the transaction fees as well.”
Sachs: AppDirect powers cloud commerce for Comcast and global telcos
“We work with a lot of major telcos, Comcast and others around the world, helps them get to market faster.”
Sachs: AppDirect license fees range from thousands to hundreds of thousands monthly
“Our license fees range you know, dramatically. But we have entry level, you know, perspectives that would start around a few K per month, depending on the complexity and going all the way up to, you know, the hundreds of thousands for more complex deployments.”
Sachs: AppDirect reaches over 35 million customers globally
“So we reach now over thirty-five million customers around the world.”
Sachs: AppDirect has millions of paid business users
“That's our reach. So that would be the customer customers of our customers that we have reached to. But we do have, you know, millions of paid business users.”
Sachs: AppDirect has raised $245 million to date
“Two hundred and forty-five million.”
Sachs: AppDirect grew on a 'triple, triple, double, double, double' trajectory
“We used to call this thing called like the formula one track, which is if you can go triple, triple, double, double, double, double. So for a while that was, you know, the trajectory that we're on, and now we're falling nicely into what you'd see in public com…”
Sachs: AppDirect maintains net dollar retention above 100% across cohorts
“One of the things that's unique about us is we have a net dollar retention across our customer cohorts. So because we have, you know, the potential upside within enterprises that we sign on.”
Sachs: AppDirect employs approximately 650 people
“So overall we're about 650 people.”
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