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Venki Balasubramanian

Co-founder & CEO, Plivo. On 1 show, 1 appearance. The Shows tab opens the full record on each.

founderexecutiveengineer@bevenky ↗LinkedIn ↗plivo.com ↗

He co-founded Plivo, an enterprise cloud communications platform providing voice and messaging APIs that participated in Y Combinator and scaled on minimal outside capital. Before Plivo, he worked in telecom engineering and consulting roles at companies including Huawei Technologies, Narus Networks, and Subex.

1shows
1appearances
10statements
0resolved
0supported
0contradicted

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

TOP FOUNDERS Assertion Not checkable as stated
Plivo reached profitability in 2015 with over 100 percent year-over-year growth
“I mean, we've grown year over year, a hundred percent plus, and we were profitable. We actually became profitable in early 2015.”
Venki Balasubramanian Feb 7, 2019 ▶ 7:17 1293 How Plivo Broke $20m in ARR on Only $2m Raised Helping 70,000 Businesses with Communication Integrations
TOP FOUNDERS Disclosure
Plivo reached scale on just $2 million in total venture funding
“Oh, we just raised like our seed round with just two million dollars.”
Venki Balasubramanian Feb 7, 2019 ▶ 7:46 1293 How Plivo Broke $20m in ARR on Only $2m Raised Helping 70,000 Businesses with Communication Integrations
TOP FOUNDERS Disclosure
Plivo holds tens of millions in cash and reinvests profits for growth
“I mean, in fact you know, we have double digits of millions of dollars cash in the bank and super profitable. We pretty much put all of our profits back into the company in terms of going faster.”
Venki Balasubramanian Feb 7, 2019 ▶ 8:01 1293 How Plivo Broke $20m in ARR on Only $2m Raised Helping 70,000 Businesses with Communication Integrations
TOP FOUNDERS Disclosure
Plivo generates annual revenue in the high double-digit millions
“Well, we don't disclose the number, but yeah, I mean, ballpark, On the higher double digits in terms of millions of dollars in revenue.”
Venki Balasubramanian Feb 7, 2019 ▶ 8:17 1293 How Plivo Broke $20m in ARR on Only $2m Raised Helping 70,000 Businesses with Communication Integrations
NPS predicts customer retention better than trailing metrics like revenue
“NPS is like a better indicator than just revenue because like revenue is like a trailing one. A lot of times you don't even realize the customer's gone”
Venki Balasubramanian Feb 7, 2019 ▶ 9:47 1293 How Plivo Broke $20m in ARR on Only $2m Raised Helping 70,000 Businesses with Communication Integrations
TOP FOUNDERS Assertion Not checkable as stated
Plivo maintains single-digit net negative churn quarterly and annually
“No, no, I mean, we're in the single digits right now.”
Venki Balasubramanian Feb 7, 2019 ▶ 11:35 1293 How Plivo Broke $20m in ARR on Only $2m Raised Helping 70,000 Businesses with Communication Integrations
TOP FOUNDERS Disclosure
Plivo customer monthly spend ranges from $1 to $100,000
“Essentially you could be spending like a dollar with us per month or, you know, a 100,000 dollars a month. With us, and we, that's the range of customers we have”
Venki Balasubramanian Feb 7, 2019 ▶ 3:12 1293 How Plivo Broke $20m in ARR on Only $2m Raised Helping 70,000 Businesses with Communication Integrations
TOP FOUNDERS Assertion Not checkable as stated
Plivo scaled with only one sales and marketing employee until early 2018
“Till early last year, like gen timeframes, we just had one sales guy and one marketing person.”
Venki Balasubramanian Feb 7, 2019 ▶ 12:34 1293 How Plivo Broke $20m in ARR on Only $2m Raised Helping 70,000 Businesses with Communication Integrations
TOP FOUNDERS Assertion Not checkable as stated
Plivo achieves a net-positive customer payback period within six months
“But like, I mean, there are obviously a lot of numbers, but like keeping it simple, high, high level, typically we are net positive on a customer in six months.”
Venki Balasubramanian Feb 7, 2019 ▶ 16:25 1293 How Plivo Broke $20m in ARR on Only $2m Raised Helping 70,000 Businesses with Communication Integrations
TOP FOUNDERS Assertion Not checkable as stated
Plivo maintains gross margins above 60 percent globally and 80 percent domestically
“Net, net, net, it's 60 plus, but in the U.S. Market, it's 80 plus, right?”
Venki Balasubramanian Feb 7, 2019 ▶ 17:17 1293 How Plivo Broke $20m in ARR on Only $2m Raised Helping 70,000 Businesses with Communication Integrations

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

ShowRole thereEpsStatementsRecord
TOP FOUNDERSLEDGER Co-founder & CEO, Plivo 1 10 full record on Top Founders →
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