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Abstract

14 statements across 1 episodes · 2 bullish · 1 bearish · 1 people on the record · first statement Mar 29, 2022 by Greg Rafner · said 11 times in 2 episodes since 2020 · across every show →

Mentions by year

brought up most by Greg Rafner (6), Nathan Latka (4), Maciek Zawadziński (1)

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2022 10 mentions in 1 episode
2020 1 mention in 1 episode

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Everything said about Abstract, oldest first

Mar 29, 2022
Disclosure
Rafner: Abstract kept seed valuation cap flat at $4M
“So we did a, we kept it at four million dollars. I essentially just decreased the interest rate a little bit and kept the value cap the same.”
Greg Rafner Mar 29, 2022 ▶ 8:48 $25m Gong Acquisition? New Founder Hits $2m Run Rate in 5 Months
Mar 29, 2022
Disclosure
Rafner: Invested $60,000 in personal savings to fund Abstract's initial prototype
“60,000 dollars.”
Greg Rafner Mar 29, 2022 ▶ 5:51 $25m Gong Acquisition? New Founder Hits $2m Run Rate in 5 Months
Mar 29, 2022
Disclosure
Rafner: Abstract Gave Single-Digit Equity to Venture Studio to Build MVP
“No, no, just I mean, single digit equity percentage. So come on and build a product.”
Greg Rafner Mar 29, 2022 ▶ 16:38 $25m Gong Acquisition? New Founder Hits $2m Run Rate in 5 Months
Mar 29, 2022
Disclosure
Rafner: Abstract pays two Indian SEO specialists just $1,000 monthly combined
“And I mean, I combined pay them a thousand dollars a month.”
Greg Rafner Mar 29, 2022 ▶ 18:21 $25m Gong Acquisition? New Founder Hits $2m Run Rate in 5 Months
Mar 29, 2022 positive
Disclosure
Rafner: I would sell Abstract to Gong today for $25M cash
“I mean, just come bring me on board for three years and let me run the product.”
Greg Rafner Mar 29, 2022 ▶ 21:19 $25m Gong Acquisition? New Founder Hits $2m Run Rate in 5 Months
Mar 29, 2022 negative
Opinion
Rafner: Gong is an airplane black box that won't save sales
“Gong is like finding the black box after the plane's already gone down, tells you what went wrong, tells you what happened, but it does nothing to actually kind of stop losing the opportunity.”
Greg Rafner Mar 29, 2022 ▶ 1:58 $25m Gong Acquisition? New Founder Hits $2m Run Rate in 5 Months
Mar 29, 2022
Assertion Not checkable as stated
Greg Rafner: Abstract ended 2021 with $60,000 in ARR
“60,000 in ARR.”
Greg Rafner Mar 29, 2022 ▶ 11:09 $25m Gong Acquisition? New Founder Hits $2m Run Rate in 5 Months
Mar 29, 2022
Assertion Not checkable as stated
Greg Rafner: Abstract maintains a seven-day sales cycle
“And so when they see it it's, we have a seven day sales cycle.”
Greg Rafner Mar 29, 2022 ▶ 10:50 $25m Gong Acquisition? New Founder Hits $2m Run Rate in 5 Months
Mar 29, 2022
Disclosure
Rafner: Abstract Has Raised $620,000 in Total Capital
“So we raised with the winnings that we just won three weeks ago in Atlanta. So we raised a 620,000 dollars total.”
Greg Rafner Mar 29, 2022 ▶ 8:15 $25m Gong Acquisition? New Founder Hits $2m Run Rate in 5 Months
Mar 29, 2022
Assertion Not checkable as stated
Rafner: Abstract charges $100 monthly per user with 15-16 seats average
“A hundred dollars per user per month. And our average customer has about 15, 16 number, 16 seats in the product.”
Greg Rafner Mar 29, 2022 ▶ 4:43 $25m Gong Acquisition? New Founder Hits $2m Run Rate in 5 Months
Mar 29, 2022
Assertion Not checkable as stated
Rafner: Abstract Operates With Two US Employees and Nine Devs in Indonesia
“So we have just two people here in the United States, two people in India. And then I have my offshore, I guess, yeah. Offshore development team in Indonesia is nine people.”
Greg Rafner Mar 29, 2022 ▶ 15:26 $25m Gong Acquisition? New Founder Hits $2m Run Rate in 5 Months
Mar 29, 2022 positive
Assertion Not publicly verifiable
Rafner: Abstract outranks Gong on Google for 'conversational intelligence software'
“I think, yeah, like conversational intelligence software, we just passed gong in our rankings for that keyword.”
Greg Rafner Mar 29, 2022 ▶ 12:59 $25m Gong Acquisition? New Founder Hits $2m Run Rate in 5 Months
Mar 29, 2022
Disclosure
Rafner: Abstract pays $12K to $25K monthly for offshore developers
“Anywhere between like 12 and 25,000 dollars a month.”
Greg Rafner Mar 29, 2022 ▶ 17:59 $25m Gong Acquisition? New Founder Hits $2m Run Rate in 5 Months
Mar 29, 2022
Assertion Not checkable as stated
Greg Rafner: Abstract serves 113 customer logos
“113 logos.”
Greg Rafner Mar 29, 2022 ▶ 10:30 $25m Gong Acquisition? New Founder Hits $2m Run Rate in 5 Months
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