LearnCore

3 statements across 1 episodes · 0 bullish · 2 bearish · 1 people on the record · first statement Aug 30, 2022 by Pieterjan Bouten · said 4 times in 1 episodes since 2022 · across every show →

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Everything said about LearnCore, oldest first

Aug 30, 2022
Disclosure
Showpad acquired LearnCore when it had roughly $6M-$7M ARR and 50 employees
“LearnCore was about 50 people had about I think at the time, might be off one or two million, probably six or seven million in ARR at the time when we acquired them.”
Pieterjan Bouten Aug 30, 2022 ▶ 20:41 Scaling From $10M-$100M ARR: The Good, The Bad and The Ugly with Showpad Co-Founder Pieterjan Bouten
Aug 30, 2022 negative
Disclosure
Showpad's gross churn jumped from 8% to 15-16% following LearnCore deal
“Up until that point, always had, like, single digit gross churn amazing net retention, but suddenly, like, Or gross churn was like double digits. It was like, we had a year of like, you know, going from like eight percent to like 15 or 16% because we were chur…”
Pieterjan Bouten Aug 30, 2022 ▶ 22:28 Scaling From $10M-$100M ARR: The Good, The Bad and The Ugly with Showpad Co-Founder Pieterjan Bouten
Aug 30, 2022 negative
Assertion Not checkable as stated
Showpad took two years to integrate LearnCore instead of expected one
“Integrating that solution on the product side way more took, you know, we thought it would take like a year. It basically took us two years”
Pieterjan Bouten Aug 30, 2022 ▶ 20:56 Scaling From $10M-$100M ARR: The Good, The Bad and The Ugly with Showpad Co-Founder Pieterjan Bouten
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