Everything Johnny Warstrom said on any show that made the record, most notable first. Each card names its show and opens the statement there.
Mentimeter will organically reach $10M ARR by summer 2019
“We have a plan to go reach like ten million ARR by the summer of 19. And we probably can do that organically by the funds that we're generating in our surplus and by the amazing people that we have on board.”
Warstrom would easily reject a $4.5 million acquisition offer
“I'm not even close.”
Mentimeter CEO calls Intercom the best product created in past five years
“Intercom is the best product that has been created the last five years, and their new, like, educate version, like content management, it's amazing, so everyone should look into it.”
Mentimeter reaches 10M users and 400,000 presenters globally
“So today we have over ten million users 400,000 presenters around the world, and customers in 55 countries.”
Mentimeter reports having 6,000 paying business customers
“Today we have 6000 enterprise customers.”
Mentimeter reaches $1.5M in ARR
“And we have one and a half million.”
Mentimeter reached profitability on just $500,000 in total funding
“In total, we've only raised a half a million in total, and today we're profitable, we're cashflow positive.”
Mentimeter's fully weighted customer acquisition cost is roughly $100
“Yeah, exactly, so it's about a hundred dollars.”
Mentimeter maintains a net revenue churn of negative 5%
“Well, it's like five, at least five percent. And it's because we're just bringing on more with two starting in customer success in, in August and September. And it's because it's only been one person. We haven't optimized it, but it's about minus five.”
Mentimeter's monthly logo churn rate is between 1% and 1.5%
“Well, monthly is about one to one and a half percent.”
Mentimeter closed 2016 at roughly $800,000 in ARR
“8, I think.8.”
Mentimeter's 16-person team is mostly product and marketing, with one sales rep
“I would say like nine in product, I would say six in marketing, and then one in sales.”
Mentimeter spends $10,000 to $20,000 per month testing paid ads
“No, but it's like, 10 K. We experiment with 10, 20 Ks just to test different things, retargeting different platforms, different formats”