Array Ventures

4 statements across 1 episodes · 1 bullish · 1 bearish · 1 people on the record · first statement Sep 14, 2020 by Shruti Gandhi · said 10 times in 1 episodes since 2020 · across every show →

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brought up most by Siddhartha Ahluwalia (9), Shruti Gandhi (1)

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Everything said about Array Ventures, oldest first

Sep 14, 2020 bearish
Opinion
Gandhi: Enterprises are stale and underutilizing AI and data across verticals
“Bubble or not, enterprises are stale. They have old technology. They're not taking advantage of data, AI, machine learning to the point that they should in every vertical marketing, sales, HR, finance, everything.”
Shruti Gandhi Sep 14, 2020 ▶ 10:51 Shruti Gandhi, Array Ventures on taking SaaS companies from Zero to $10 Million ARR
Sep 14, 2020 positive
Assertion Supported
Gandhi: PayPal acquired Simility for $120M cash, returning 10x-plus to Array
“The good example for Simility was it bought acquired, I believe, three years after we invested for hundred and twenty million, so it was almost 10 X. Or more, right? Like, so in from the initial check. And so that's a good example of, and it was all cash. So P…”
Shruti Gandhi Sep 14, 2020 ▶ 11:28 Shruti Gandhi, Array Ventures on taking SaaS companies from Zero to $10 Million ARR
Sep 14, 2020 neutral
Insight
Gandhi: Enterprise startups take roughly two years on average to reach $1M ARR
“Because of the kinds of things we invest in, there is a tech buildup, and that takes a year plus, oftentimes. But the minute they actually have a meaningful revenue, you know, a million usually takes another 12 months from there. So, I would say, in an ideal w…”
Shruti Gandhi Sep 14, 2020 ▶ 16:16 Shruti Gandhi, Array Ventures on taking SaaS companies from Zero to $10 Million ARR
Sep 14, 2020 neutral
Insight
Gandhi: Enterprise Startup Deal Sourcing Relies on Co-Investor Networks Over Organic Discovery
“Enterprises don't work that way unless you have been in an enterprise and you have that experience. You can't just be like, I think I'm looking for a new identity solution. This is, you know, that you don't do that. So yeah, it's usually through the referral n…”
Shruti Gandhi Sep 14, 2020 ▶ 26:17 Shruti Gandhi, Array Ventures on taking SaaS companies from Zero to $10 Million ARR
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