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Manav Garg

9 statements across 1 episodes · 3 bullish · 0 bearish · 1 people on the record · first statement Jul 12, 2024 by Manav Garg · across every show →

On the record as a speaker too: Manav Garg's record, appearances and statements → this page counts the times other people say the name.

Everything said about Manav Garg, oldest first

Jul 12, 2024
Assertion Not checkable as stated
Eka Closed $5M Enterprise Contracts Structured Over 5 to 7 Years
“TCV is very high. TCV sometimes go to even five million. Because contracts are five or seven year contracts payment, one year payment in advance. There's a machine critical software for all this very, very large companies.”
Manav Garg Jul 12, 2024 ▶ 38:34 These 90 Minutes Will Teach You Everything About SaaS Business | SaaSBOOMi Co-Founder | Neon Show
Jul 12, 2024
Assertion Not checkable as stated
Garg: Girish Mathrubootham and I built a 100+ startup angel portfolio
“So we'll write checks, 25 K, 50 K US dollars, and almost every weekend will help in helping one founder or the other. So that saw both our portfolio grew to a hundred. Grisha bought 60 investments. Fashion really scaled like hockey stick, right? Acre still wen…”
Manav Garg Jul 12, 2024 ▶ 36:06 These 90 Minutes Will Teach You Everything About SaaS Business | SaaSBOOMi Co-Founder | Neon Show
Jul 12, 2024
Disclosure
Garg Paid for Eka's First $350K Dev Contract With $250K in Equity
“So I actually, my first contract I signed was three 50 K services outsourced to Trigen technologies in Bangalore. Three 50 K contract, a hundred K in cash, two 50 K in equity.”
Manav Garg Jul 12, 2024 ▶ 20:53 These 90 Minutes Will Teach You Everything About SaaS Business | SaaSBOOMi Co-Founder | Neon Show
Jul 12, 2024 positive
Insight
Founders Should 'Manufacture' Co-Founding Teams Rather Than Hire Friends
“So your co-founder has to be meritocratic in nature instead of your, the first friend from school or your first love from your college coming and beginning to work with you. I think that's what I'm calling manufacturing co-friends, which means co-founders, wh…”
Manav Garg Jul 12, 2024 ▶ 1:25:46 These 90 Minutes Will Teach You Everything About SaaS Business | SaaSBOOMi Co-Founder | Neon Show
Jul 12, 2024 positive
Disclosure
Eka Used Just $300K of Seed Funding Before Hitting Sustained Profitability
“So I should never use a million dollars that was given to me. Okay. So how much did you take it out of? Every 300,000 dollars. And then I was profitable all the time from there on.”
Manav Garg Jul 12, 2024 ▶ 21:52 These 90 Minutes Will Teach You Everything About SaaS Business | SaaSBOOMi Co-Founder | Neon Show
Jul 12, 2024
Assertion Not checkable as stated
India Now Has 15 SaaS Companies Above $100M ARR
“If you look at just the SaaS ecosystem, about 15 companies, about hundred million plus, we about maybe hundred twenty-five million plus give and take on that range. And maybe we have Another 150 above ten million, above five million, another 200 companies, rig…”
Manav Garg Jul 12, 2024 ▶ 51:41 These 90 Minutes Will Teach You Everything About SaaS Business | SaaSBOOMi Co-Founder | Neon Show
Jul 12, 2024 positive
Assertion Supported
Eka Recovered to $30M Revenue With High Profitability Post-Cloud Pivot
“No, we hit, we actually touched the same peak again, touched thirty million again. Back again in revenue, but very profitable now. So we were able to get back the same thing. So value therefore increased because now we shifted to cloud. We survived first of al…”
Manav Garg Jul 12, 2024 ▶ 37:48 These 90 Minutes Will Teach You Everything About SaaS Business | SaaSBOOMi Co-Founder | Neon Show
Jul 12, 2024
Disclosure
Garg Diluted 60% of Eka Software for $1M in Seed Capital
“So that time we diluted about 60%. Yes, yes. Wow. Yeah. Because I had, so we discussed simple, that we, let's say, 60, 40 split.”
Manav Garg Jul 12, 2024 ▶ 19:14 These 90 Minutes Will Teach You Everything About SaaS Business | SaaSBOOMi Co-Founder | Neon Show
Jul 12, 2024
Assertion Not checkable as stated
Garg Was Offered a $10,000 Monthly Salary Out of IIFT in 1998
“You're earning 10,000 dollars a month. Where are you going to earn that? Siddharth Ahluwalia: In 98 you were? Manav Garg: Yeah, yeah. That, that, that, that was the package.”
Manav Garg Jul 12, 2024 ▶ 13:08 These 90 Minutes Will Teach You Everything About SaaS Business | SaaSBOOMi Co-Founder | Neon Show
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