The Ledger, every show
Every statement that passed quotation and attribution checks, across all 44 shows. Pick shows below, then mix any filter with any other.
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every show 44 of 44
Lee: ProsperWorks is the fastest-growing CRM in the world
“We are the fastest growing CRM company in the world at this moment.”
87% of ProsperWorks users engage with the product daily
“And I will tell you that the one thing that makes ProsperWorks very unique compared to all CRMs is that 87% of our licenses use ProsperWorks every day. Every day, including the weekend.”
Salesforce churns 3% to 9% of annual revenue, estimates John Lee
“Salesforce is churning anywhere from three to nine percent of the revenue a year on a twelve billion dollar business.”
Lee: ProsperWorks is the only CRM recommended by Google
“And, you know, to the point of the Google relationship, we are the only CRM that's actually recommended by Google.”
Salesforce implementations cost 1-3x the license fee, says John Lee
“Unlike Salesforce, you're paying One to three times your license fee. You're spending anywhere from one to six months basically implementing Salesforce for your organization.”
ProsperWorks claims a 26% compounded monthly revenue growth rate
“And I think that speaks to the fact that we've grown at a 26% compounded monthly growth rate.”
ProsperWorks sees 116% to 117% net revenue expansion by month 13
“On a net basis, we are actually expanding. So on average every quote, every dollar that comes in, in month one, a month, 13 is about a buck 16 to about 12. Great. But we're seeing net expansion overall. And so that's what's contributing to our rapid growth and…”
Lee: Ad arbitrage businesses trade at 8x to 15x annual EBITDA
“Anywhere between eight to 15, depending on the growth rate.”
Lee: DNA Games investors made a profit in Zynga acquisition
“No, investors definitely made money on the deal. I mean, I think they probably wanted to make more money on the deal.”
Lee: Forrester Finds 47% of CRM Implementations Fail
“And the biggest problem is that 47%, according to Forrester, of CRM implementations ultimately lead to failure.”
Lee: ProsperWorks operates at negative net revenue churn
“Yeah, so on a net, I can't comment on our gross, but our net churn is actually negative.”
Lee: ProsperWorks ARPU exceeds $60 per seat monthly
“I'd say it's a little higher than it's a little higher than 60.”
Lee: ProsperWorks LTV/CAC exceeds 3x with 16-month CAC payback
“So LTV to CAC is greater than three. Our CAC payback is within 16 months.”
John Lee built a $47M advertising business in two years without VC
“And we built a forty seven million dollar business basically in two years. We didn't raise any venture financing, so it was all personally funded out of credit cards and loans and all that kind of good stuff.”
Zynga's ChefVille was the world's largest game by daily players in 2012
“And we built a game called chef bill. That was the largest game in the world by daily active players in 2012 and was the most successful game launch for the company that year.”