why aren't all 10 resolved? a statement only gets an assessment when the public
record can support or contradict it. opinions and what-ifs never can, and 0 checkable
ones are still open, waiting for their date. predictions held up or didn't;
assertions are supported or contradicted. on every card:
▮▮▮▮▮ certainty ·
▮▮▮▮▮ debate potential. speakers are clickable
Insight
Lang: Rushing SMB onboarding actually lowers successful go-live rates
“Meaning sometimes, you know, you think that, oh, like more momentum is a good thing and let's, you know, onboard you really quick. Let's go live next week. But actually the success rate drops quite a bit when you push that hard for it because you know, you wan…”
Disclosure
Lang: Mangomint incentivizes sales reps to keep initial deal sizes smaller
“We don't actually want you to buy payroll on day one. Like we will actively discourage you. We incentivize our sales reps to keep the deal sizes lower at the time it closes because the chance of success is that much higher. And we know that, hey, once they are…”
Insight
Lang: SMB SaaS cannot scale if CEOs help close $6,000 deals
“When you built like a high velocity sales motion, you gotta find the systems to make it scale. And it can't be that, oh, you know, we need someone to help close to steel. Let's bring in the CEO when the deal size is only like, you know, six, seven, eight K ACV…”
Assertion Not checkable as stated
Lang: Mangomint's CEO has not joined a sales call in 1,500 deals
“I haven't been talked to any sales prospect of the last, let's say, 1500 customers that we onboarded.”
Assertion Not checkable as stated
Lang: Mangomint is approaching $1B in annual payment processing
“We're coming up on like processing almost a billion dollars in transactions annually”
Insight
Lang: SMBs only use five or six universal multi-product add-ons
“You want to go after Products that have potentially a hundred percent time, right? Where it's a hundred percent of your install base. And it turns out there's not that many of these, right? Cause like, you know, if you go down the stack of like what a small bu…”
Insight
Lang: Vertical SMB SaaS expansion relies entirely on cross-selling new products
“When you think about NRR with most enterprise software, a lot of it comes from seat expansion where you just get more folks to use your tool. We don't have that, right? Like there's none of that going on. So the expansion can only come from selling them new pr…”
Disclosure
Lang: Mangomint offers mid-month refunds with no questions asked
“We don't have contracts, so anybody can leave anytime they want. And we even like refund them like mid month, no questions asked. So we intentionally want to make it easy to leave Mangamin because that way we know that the customers that use us and pay us, the…”
Assertion Not checkable as stated
Lang: Post-COVID spa front-desk wages jumped to $20-$23 per hour
“Where those like front desk workers you know, you think about a spa with 10, 15 providers, they would normally have three, four providers that is before COVID and each of them get paid like 13, 14 bucks an hour. Now that same business has to make it work with …”
Disclosure
Lang: Mangomint employs one onboarding manager for every two sales reps
“We have about one onboarding manager for every two sales reps.”