Everything Tom Gibby said on any show that made the record, most notable first. Each card names its show and opens the statement there.
Gibby: Customers do not churn once integrated into enterprise tech stacks
“The way we work now with customers is, you know, once we're a part of their tax, their tech stack, they don't leave, you know.”
Gibby: The Bot Platform opted for bootstrapping over venture capital in 2019
“We toyed with the idea of raising about a year, well, let's say about two and a half years ago, maybe. And we actually decided that it might be much more valuable for us to spend that time that we would invest into raising to just invest into growing the busin…”
Gibby: The Bot Platform would reject a $6M cash buyout offer
“Definitely wouldn't be interested in a six million acquisition.”
Gibby: The Bot Platform pricing ranges from $1,400 to over $20,000 monthly
“We have some customers that pay us 1400 dollars a month, all the way up to others that are paying upwards of 15, 20,000 a month.”
Gibby: The Bot Platform generates under $2M annually with $110k MRR
“So our annual revenue is just under two million, and our MRR is 110, 110 K, and if you notice there's a difference between that, that's because as well as charging for license, we also have service revenue on top of that.”
Gibby: The Bot Platform cash and receivables grew 81% year-over-year
“I mean, cash and receivables were up 81% year on year. Last month our invoicing is up 130% compared to last year.”
Gibby: The Bot Platform co-founders own roughly 75% of the company
“75%, maybe.”
Gibby: The Bot Platform raised past funding at a £4M valuation
“We did a very small fund a while ago, and I think that officially raised us at four million, that officially valued us at four million pounds.”
Gibby: Early investors own about 10% or less of The Bot Platform
“So I think that at the moment if I brought up the cap table would probably be maybe 10 percent-ish or maybe a bit less.”
Gibby: The Bot Platform's monthly churn is 2.9%
“Our monthly churn at the moment is 2.9%.”
Gibby: The Bot Platform achieves 118% net dollar retention
“It's a 118% is what our where is that?”
Gibby: The Bot Platform was an original Facebook Messenger launch partner
“We were actually an original messenger launch partner. We launched one of the first bots on Facebook messenger. It was actually the first bot for the music industry for one of the biggest DJs in the world.”
TOP FOUNDERSLEDGER