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Rob Palumbo

8 statements across 1 episodes · 1 bullish · 3 bearish · 2 people on the record · first statement Nov 14, 2024 by Rob Palumbo · across every show →

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

Everything said about Rob Palumbo, oldest first

Nov 14, 2024 neutral
Insight
Palumbo: Startup acquirers buy current product capabilities, not 10-year visions
“What I would say is different about the process, though, is the conversation becomes less about what could be and, you know, pitching the vision in 10 years. And it becomes more about the kind of like ground truth of what can the product do today? Who is on th…”
Rob Palumbo Nov 14, 2024 ▶ 22:22 He raised $1.5M, hit $400K ARR in 9 months— but had to Exit Early. Here’s the top 3 lessons he le... · PMF Show
Nov 14, 2024 neutral
Disclosure
Palumbo: Outpoint's acquisition returned investor cash but wiped out common shareholders
“So ultimately we were acquired by a company that private equity backed and was essentially a hold co for a number of different agencies and SaaS tools. The Transaction was one that allowed us to get some cash back to our initial investors, but was, I you know,…”
Rob Palumbo Nov 14, 2024 ▶ 23:28 He raised $1.5M, hit $400K ARR in 9 months— but had to Exit Early. Here’s the top 3 lessons he le... · PMF Show
Nov 14, 2024 neutral
Disclosure
Palumbo: Outpoint burned $100K monthly with over a year runway in 2022
“We still had probably over a year. So we probably brought our spend up to about a hundred K a month.”
Rob Palumbo Nov 14, 2024 ▶ 16:10 He raised $1.5M, hit $400K ARR in 9 months— but had to Exit Early. Here’s the top 3 lessons he le... · PMF Show
Nov 14, 2024 positive
Insight
Palumbo: Solo founders struggle to kill bad startup concepts compared to studios
“So at Simple Ventures, we kill a lot of startup concepts as we bring them to market and test them. I think when you are an end of one founder, building an end of one company, it is much harder to kill your bit, your company.”
Rob Palumbo Nov 14, 2024 ▶ 33:05 He raised $1.5M, hit $400K ARR in 9 months— but had to Exit Early. Here’s the top 3 lessons he le... · PMF Show
Nov 14, 2024 negative
Assertion Not checkable as stated
Palumbo: Outpoint failed to raise a subsequent funding round in mid-2022
“We weren't able to raise a subsequent round in mid- twenty-twenty-two.”
Rob Palumbo Nov 14, 2024 ▶ 16:52 He raised $1.5M, hit $400K ARR in 9 months— but had to Exit Early. Here’s the top 3 lessons he le... · PMF Show
Nov 14, 2024 negative
Disclosure
Palumbo: Expecting high valuation multiples slowed Outpoint's 2022 fundraising
“As valuations came down, I don't think we were quick enough to, like, pivot our fundraising strategy to the new reality. You know, we were still expecting high multiples, and I think that actually slowed down our fundraising process a bit.”
Rob Palumbo Nov 14, 2024 ▶ 27:25 He raised $1.5M, hit $400K ARR in 9 months— but had to Exit Early. Here’s the top 3 lessons he le... · PMF Show
Nov 14, 2024 neutral
Assertion Not checkable as stated
Srugo: Outpoint raised $1.5M and reached $400K ARR peak
“You raised a million and a half dollars. You were actually on the path. Two million, like 400 K was kind of the peak run rate, a quarter million dollars and like, you know, looking backwards type revenue.”
Pablo Srugo Nov 14, 2024 ▶ 0:19 He raised $1.5M, hit $400K ARR in 9 months— but had to Exit Early. Here’s the top 3 lessons he le... · PMF Show
Nov 14, 2024 bearish
Disclosure
Palumbo: Outpoint lacked repeatable customer acquisition and strong net revenue retention
“There's PMAP in like the small segment, but I don't think we had true PMAP in the broader sense of repeatable motion you know, cold adopters continuing to come in who really value it. I think, you know, if you look at your Some of your measures of PMF around t…”
Rob Palumbo Nov 14, 2024 ▶ 29:19 He raised $1.5M, hit $400K ARR in 9 months— but had to Exit Early. Here’s the top 3 lessons he le... · PMF Show
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