Everything John Vlachogiannis said on any show that made the record, most notable first. Each card names its show and opens the statement there.
BugSense scaled to 40,000 customers with zero dedicated sales reps
“We don't have an official sales team, and the previous company never had a sales team either, and we had 40,000 customers in the company that got acquired, so I strongly believe in small teams, very efficient, with a huge SaaS presence.”
Vlachogiannis: BugSense had $14M to $16M run rate at acquisition
“We hadn't, we were closing to that. I think we were close to like, I don't know, 1416.”
Vlachogiannis: AgentRisk reaches break-even at $100 million in AUM
“Not really, because as I said, our teams are extremely, extremely small and efficient, so currently the team is has eight people, and our break-even point is, I think, around one hundred million”
BugSense was the second most-used mobile analytics platform behind Google
“We had, we were the second most useful, second most used platform after Google analytics and Google reporting, but we saw that we're getting squeezed out and our goal was to go after the big customers, which were more difficult.”
Vlachogiannis: AgentRisk plans to scale through financial advisors, not B2C
“I don't think we're, our target is not to go to a billion for the B to C product. Our goal is to use the B to B product to give the product to advisors and then keep growing. Actually, we're using them as a distribution channel instead of going to individuals.”
Vlachogiannis: BugSense Delivered a 17x Return to Investors Upon Acquisition
“We sold it for a 17 X. The public company that acquired us never disclosed the actual money, but the whole team made some pretty good.”
Vlachogiannis: BugSense Sold 10% for $100K and Reached Breakeven Within 7 Months
“So it was, it wasn't that easy because we only gave 10% to the original investors. They only put 100 K and then we broke even after I think six to seven months. So 90% of the company was to us, to the founders or to the, you know, to the engineers.”
Vlachogiannis: AgentRisk has raised over $1 million in total funding
“Originally we started with, like, 10 K, we put another 50 K, and then we had the previous investors putting more money, and currently we raised more than a million dollars.”
AgentRisk manages between $25 million and $27 million in AUM
“Currently our total AUM I think is around 25, twenty-seven million.”
Vlachogiannis: AgentRisk is burning $23,000 per month
“Currently, we're, we are burning 23,000 dollars.”
Splunk offered seven-figure salaries to BugSense founders post-acquisition
“We knew that the salaries that we're going to get were huge. We're like seven digits. We're going to be able to be directors in a huge public company.”
AgentRisk operates with seven engineers and one compliance officer
“Seven of them are engineers and one compliance officer.”