People, every show

David Chaniak

Founder and Board Member, Phrase. On 1 show, 1 appearance. The Shows tab opens the full record on each.

founderexecutiveinvestorphrase.com ↗

David Čaněk is the founder and board member of Phrase, formerly known as Memsource. He founded the Prague-based translation management platform in 2010, bootstrapping it past $5 million in ARR before The Carlyle Group acquired a majority stake in 2020.

What they said9 Shows1

Everything David Chaniak said on any show that made the record, most notable first. Each card names its show and opens the statement there.

TOP FOUNDERS Assertion Not checkable as stated

Memsource Has About 500 Paying Enterprise Customers

“So we have about 500 paying enterprise customers.”

David Chaniak Mar 13, 2019 ▶ 3:08 1327 Prague Based Translation Tool Passes $5m in ARR, Bootstrapped

TOP FOUNDERS Assertion Open · timeframe Mar 2019

Memsource Grew Revenue 100% Year-Over-Year in 2018

“So we grew a hundred percent year on year last year.”

David Chaniak Mar 13, 2019 ▶ 5:41 1327 Prague Based Translation Tool Passes $5m in ARR, Bootstrapped

TOP FOUNDERS Assertion Supported

Memsource Generated Approximately $5 Million in Revenue in 2018

“So, so, you know, last year we were at about five million dollars.”

David Chaniak Mar 13, 2019 ▶ 6:07 1327 Prague Based Translation Tool Passes $5m in ARR, Bootstrapped

TOP FOUNDERS Prediction Held up

Memsource Will Reach $10 Million in Annual Revenue Next Year

“So if we doubled this year, we would be at ten million. And so we'll be at 10,000,010 million next year.”

David Chaniak Mar 13, 2019 ▶ 6:22 1327 Prague Based Translation Tool Passes $5m in ARR, Bootstrapped

TOP FOUNDERS Disclosure

Memsource Is Bootstrapped and Prioritizes Profitable Growth

“We're bootstrapped. So, so we're, you know, our growth is, is, is You know, needs to be profitable in, in, so, so we need to, you know, we, we're running a company that is a self-financed.”

David Chaniak Mar 13, 2019 ▶ 6:36 1327 Prague Based Translation Tool Passes $5m in ARR, Bootstrapped

TOP FOUNDERS Disclosure

Memsource Attends About 50 Trade Shows Globally Every Year

“So just to give you an idea, we go to about 50 trade shows every year. Across the world.”

David Chaniak Mar 13, 2019 ▶ 15:16 1327 Prague Based Translation Tool Passes $5m in ARR, Bootstrapped

TOP FOUNDERS Disclosure

Memsource Spends Between $6,000 and $10,000 Per Trade Show

“So we're talking, you know, we're talking about, you know, every trade show will, you know, could be something between, you know, like six to 10,000 dollars. So it will be approaching that figure.”

David Chaniak Mar 13, 2019 ▶ 15:39 1327 Prague Based Translation Tool Passes $5m in ARR, Bootstrapped

TOP FOUNDERS Assertion Not checkable as stated

Memsource Reaches Approximately 200,000 Total Users

“And we have about 200 K users.”

David Chaniak Mar 13, 2019 ▶ 3:13 1327 Prague Based Translation Tool Passes $5m in ARR, Bootstrapped

TOP FOUNDERS Assertion Not checkable as stated

Memsource Reaches Headcount of 80 Employees

“So we're 80 currently.”

David Chaniak Mar 13, 2019 ▶ 8:17 1327 Prague Based Translation Tool Passes $5m in ARR, Bootstrapped

One line per show, most statements first. The link opens David's full record on that show: the calibration, argument clarity, speaking style and every statement made there.

Show	Role there	Eps	Statements	Record
TOP FOUNDERSLEDGER	Founder and Board Member, Phrase	1	9	100% 2/2	full record on Top Founders →