Everything Greg Freishtat said on any show that made the record, most notable first. Each card names its show and opens the statement there.
Saleswise prices by total employee headcount rather than per-seat
“We are a SAS company, but we do not charge by the seat. Rather we believe in what we call democratizing data, meaning that our customers should provide our relationship intelligence to every single employee that can use it productively. So we price based upon …”
Freishtat expects negligible churn until direct competitors emerge
“I think we'll enjoy very, very low churn maybe even negative churn and expansion for some period of time until the market category gets established and we see some competitors”
Saleswise averages nearly $1,000 in monthly revenue per customer
“Somewhere just short of a thousand dollars a month. The entry level is 500 dollars for under a hundred employees. We go up to 500 employees for 2500 dollars a month.”
Freishtat invests his own money in every VC round he raises
“I think I've raised about 20 rounds of venture capital over the last 20 years. I've participated in every round and will continue to participate in any time I ask outsiders for money, I tend to think I should be putting my own money alongside it.”
Freishtat invested $500,000 of personal capital to launch Saleswise
“About a half a million bucks.”
Saleswise syncs over 800 million Salesforce records daily
“We're sinking over eight hundred million Salesforce records a day, and we have over five terabits of data.”
Freishtat sold unified messaging startup Talent for $20M in 1996
“Company called Talent internet company, unified messaging started in 1994, sold in 1996. The CEO flew up, said he wanted to buy the business. I said he can't afford it. He said how much? I said twenty million. He said sounds fair.”
Freishtat sold a startup for nearly $200M in 1999
“Well, I sold one in 99 for just under two hundred million as well.”