The Ledger, every show
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Datanyze is cash flow positive in most operating months
“No, we're cashflow positive, right? So some months, of course, especially if it's a big event, you know, like dream force, we'll spend more money. And in this case, we'll probably be cashflow negative, but in most cases we're cashflow positive.”
Semin: Datanyze's average contract size is around $20,000 per year
“It's about 20,000 dollars a year.”
Semin: Datanyze was profitable at $1M revenue before fundraising
“We actually, we didn't have to raise money at all. We were profitable back then but, and we were about, we were making maybe a million dollars a year”
Semin: Datanyze investors included Mark Cuban and Google Ventures
“So we raised a very good round and investors included somebody like Mark Cuban, for example, and top VC firms like Google Ventures.”
Semin: Datanyze ARR grew from $2M to $6M during 2015
“So in 20 in 2015, we went from about two million dollars at the beginning of the year to about six million at the end of the year.”
Semin: Datanyze monthly churn is under 1%
“Yeah, no, churn, so churn for us is less than one percent a month.”
Semin: Datanyze customer acquisition cost is around $9,000
“Well right now our customer acquisition cost is around 9000 dollars.”
Semin: Datanyze is cash-flow positive in most months
“No, we're cashflow positive, right? So some months, of course, especially if it's a big event, you know, like Dreamforce, we'll spend more money, and in this case, we'll probably be cashflow negative, but in most cases, we're cashflow positive.”
Datanyze maintains a monthly customer churn rate under 1%
“So churn for us is less than one percent a month.”
Datanyze spends about $9,000 to acquire a new customer
“Right now our customer acquisition cost is around 9000 dollars.”
Datanyze acquires customers equally through inbound and outbound channels
“We have pretty much 50, 50% split between inbound and outbound.”
Datanyze sales reps carry a $50,000 monthly ARR quota
“For a typical sales trap, they need to close about 50 50 K in ARR on a monthly basis.”
Datanyze converts about 20% of product demos into closed sales
“So, I would say it's 20, about 20% conversion rate from demo to close business.”