Everything Danny Golan said on any show that made the record, most notable first. Each card names its show and opens the statement there.
Golan: Valuation is meaningless if deal terms are crazy
“Valuation is bullshit if you have crazy terms. And the terms mathematically simply by math are far more important than the actual valuation.”
Golan: Private cloud becomes far cheaper for SaaS companies at scale
“Where a SaaS company at a certain time, at a certain stage, understand that a private cloud or hosting is far more economical than a shared infrastructure of a public cloud.”
Golan: Kaminario Customers Triple Spend to Over $1M in 12 Months
“Within 12 months the average is almost tripling. So so if a SaaS company started 300,000 dollars, they will go over a million by the end of 12 months.”
Golan: Kaminario Has Never Lost a Single Customer
“In our record, we never lost a customer”
Golan: 2016 was the worst year for tech IPOs since 2002
“Although the markets were tough in 2016 the worst year since 2002 in terms of IPOs and also private placement.”
Golan: Kaminario is very close to achieving profitability
“The fact that we are very close to profitability.”
Golan: Selling Enterprise Storage Requires Field Sales and Channel Partners
“When you sell an appliance, certainly storage, which is the heart of any business you can't do it solely on the phone. You have to do it with a feet on the street with strong partners.”
Golan: Corporate Data Grows 100% Year-over-Year Globally Across All Industries
“Data grows on average in any company on earth, doesn't matter the size, the vertical the geo at a hundred percent year over year, two X.”
Golan: All-Flash Storage Has Reached Only 15% of $50B Enterprise Market
“The enterprise storage market is roughly 50,000,000,005 zero billion dollars a year. And the penetration of all flashes is still relatively minor. So we're talking about 15% penetration”
Golan: Kaminario has raised $218M total, including a $75M round
“So so we raised today, two hundred and eighteen million dollars. Including latest round of seventy-five million dollar significantly oversubscribed round that we we've announced in January and obviously completed it throughout 2016.”
Golan: Kaminario's typical starting deal size averages $300,000
“So on average, a customer that, that started with a typical configuration, let's say we'll translate it to dollars to 300,000 dollars.”
Golan: Cloud market will hit $175B by 2019, driven by SaaS
“By twenty-nineteen, the total cloud market will be one hundred and seventy-five billion. Out of that two thirds, ok, more than a hundred and twenty billion is SaaS companies.”
Golan: 99% of Kaminario Customers Pay Upfront
“There is an ongoing payment for maintenance, but usually in 99% of the time they paid upfront.”