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Luke Swanick

Co-founder & VP of Business Development, PartnerStack. On 1 show, 1 appearance. The Shows tab opens the full record on each.

founderexecutiveoperatorLinkedIn ↗partnerstack.com ↗

Luke Swanek is the co-founder of PartnerStack, a B2B partner relationship management platform that graduated from Y Combinator under the name GrowSumo. He led sales and business development before the company was acquired by AppDirect in 2026.

1shows
1appearances
11statements
0resolved
0supported
0contradicted

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

TOP FOUNDERS Disclosure
Swanick: GrowSumo Used Fake Logos Like Dropbox to Gain Early Traction
“So they saw that there was nothing on our page, so we threw up fake logos, like, Zenefits was huge at the time, Dropbox, you know, those kinds of companies.”
Luke Swanick Dec 2, 2018 ▶ 5:44 1226 How GrowSumo is Covering Base Expenses While Growing Performance Based Revenue
Swanick: Nonprofits only invest in software infrastructure after securing grant funding
“And what we found was that the nonprofit space is incredibly finicky. So everyone's kind of waiting for grant funding to come in, and when they get their financing, then they can talk about actually investing in some scalable infrastructure. And it was a hard …”
Luke Swanick Dec 2, 2018 ▶ 2:57 1226 How GrowSumo is Covering Base Expenses While Growing Performance Based Revenue
TOP FOUNDERS Assertion Not checkable as stated
Swanick: Evernote has two people managing 10,000 external sales agents
“Evernote literally has two people managing 10,000 external sales agents.”
Luke Swanick Dec 2, 2018 ▶ 10:42 1226 How GrowSumo is Covering Base Expenses While Growing Performance Based Revenue
Swanick: Reseller partner onboarding takes 6 to 12 months to yield returns
“The long tail comes in when you start working with the resellers that require onboarding and you don't really see those returns for six, nine, 12 months.”
Luke Swanick Dec 2, 2018 ▶ 14:57 1226 How GrowSumo is Covering Base Expenses While Growing Performance Based Revenue
TOP FOUNDERS Disclosure
Swanick: GrowSumo has raised over $1 million in venture funding
“No, it's over a million.”
Luke Swanick Dec 2, 2018 ▶ 6:27 1226 How GrowSumo is Covering Base Expenses While Growing Performance Based Revenue
TOP FOUNDERS Disclosure
Swanick: Most GrowSumo revenue is base fees, but performance revenue grows faster
“Currently, the majority is coming through the base fee, but the revenue fee is what is growing much, much faster.”
Luke Swanick Dec 2, 2018 ▶ 9:10 1226 How GrowSumo is Covering Base Expenses While Growing Performance Based Revenue
TOP FOUNDERS Disclosure
Swanick: GrowSumo has roughly 200 customers
“Today, so I don't have a hard number, but I would say just a little north or south of 200.”
Luke Swanick Dec 2, 2018 ▶ 10:57 1226 How GrowSumo is Covering Base Expenses While Growing Performance Based Revenue
TOP FOUNDERS Assertion Not checkable as stated
Swanick: GrowSumo's monthly logo churn is below 2%
“Yeah, so our churn is quite low like very low. ... I would say lower than two percent.”
Luke Swanick Dec 2, 2018 ▶ 13:45 1226 How GrowSumo is Covering Base Expenses While Growing Performance Based Revenue
TOP FOUNDERS Assertion Not checkable as stated
Swanick: GrowSumo has 40,000 partners, with 8,000 active monthly
“I think we have like 40,000 partners, 8000 were active last month.”
Luke Swanick Dec 2, 2018 ▶ 14:44 1226 How GrowSumo is Covering Base Expenses While Growing Performance Based Revenue
TOP FOUNDERS Assertion Not checkable as stated
Swanick: GrowSumo revenue is growing 25% to 35% month-over-month
“We're growing over 25, 35% month over month.”
Luke Swanick Dec 2, 2018 ▶ 18:19 1226 How GrowSumo is Covering Base Expenses While Growing Performance Based Revenue
Swanick: Reading startup books slows founders down through pursuit of perfection
“I read a lot of books on how to start a company early on. And that stuff really kind of slowed me down because you try to be perfect and then you get it out there and it's just not. And I think that that would be the biggest thing was I hesitated a lot until y…”
Luke Swanick Dec 2, 2018 ▶ 21:41 1226 How GrowSumo is Covering Base Expenses While Growing Performance Based Revenue

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

ShowRole thereEpsStatementsRecord
TOP FOUNDERSLEDGER Co-founder & VP of Business Development, PartnerStack 1 11 full record on Top Founders →
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