Everything Greg Rafner said on any show that made the record, most notable first. Each card names its show and opens the statement there.
Rafner: Gong is an airplane black box that won't save sales
“Gong is like finding the black box after the plane's already gone down, tells you what went wrong, tells you what happened, but it does nothing to actually kind of stop losing the opportunity.”
Rafner: Abstract kept seed valuation cap flat at $4M
“So we did a, we kept it at four million dollars. I essentially just decreased the interest rate a little bit and kept the value cap the same.”
Greg Rafner: Abstract maintains a seven-day sales cycle
“And so when they see it it's, we have a seven day sales cycle.”
Rafner: Abstract Gave Single-Digit Equity to Venture Studio to Build MVP
“No, no, just I mean, single digit equity percentage.
So come on and build a product.”
Rafner: Abstract pays two Indian SEO specialists just $1,000 monthly combined
“And I mean, I combined pay them a thousand dollars a month.”
Rafner: I would sell Abstract to Gong today for $25M cash
“I mean, just come bring me on board for three years and let me run the product.”
Rafner: Abstract charges $100 monthly per user with 15-16 seats average
“A hundred dollars per user per month. And our average customer has about 15, 16 number, 16 seats in the product.”
Greg Rafner: Abstract serves 113 customer logos
“113 logos.”
Greg Rafner: Abstract ended 2021 with $60,000 in ARR
“60,000 in ARR.”
Rafner: Abstract outranks Gong on Google for 'conversational intelligence software'
“I think, yeah, like conversational intelligence software, we just passed gong in our rankings for that keyword.”
Rafner: Abstract Operates With Two US Employees and Nine Devs in Indonesia
“So we have just two people here in the United States, two people in India.
And then I have my offshore, I guess, yeah.
Offshore development team in Indonesia is nine people.”
Rafner: Abstract pays $12K to $25K monthly for offshore developers
“Anywhere between like 12 and 25,000 dollars a month.”
Rafner: Act-On was one of Gong's earliest handful of users
“We started using Gong actually back when they had like a football player on their website, on their homepage. I think where we were one of the first handful of users of Gong like seven years ago.”
Rafner: Invested $60,000 in personal savings to fund Abstract's initial prototype
“60,000 dollars.”
Rafner: Abstract Has Raised $620,000 in Total Capital
“So we raised with the winnings that we just won three weeks ago in Atlanta. So we raised a 620,000 dollars total.”