Alyce

17 statements across 2 episodes · 9 bullish · 0 bearish · 1 people on the record · first statement Jan 27, 2017 by Greg Segall · said 48 times in 3 episodes since 2017 · across every show →

Mentions by year

brought up most by Greg Segall (26), Nathan Latka (22)

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Everything said about Alyce, oldest first

Jan 27, 2017 positive
Prediction Not checkable as stated
Segall: Alyce expects 25% gross margins and 8% to 12% net margins
“So gross margin will be somewhere on the order of probably 25%, and then net margin will probably be eight to 12%, I guess.”
Greg Segall Jan 27, 2017 ▶ 6:34 EP 552: $300k last 12 months To Help Sales People Find Perfect Gifts with CEO Greg Segall
Jan 27, 2017
Disclosure
CEO Greg Segall retains 90% ownership of Alyce ahead of Series A
“Right now between employees and all of the investors in there, they probably have about 10%. Now, again, it's convertible notes, and obviously it depends on what we end up converting at. So I still own on 90% of the company”
Greg Segall Jan 27, 2017 ▶ 9:33 EP 552: $300k last 12 months To Help Sales People Find Perfect Gifts with CEO Greg Segall
Jan 27, 2017 bullish
Assertion Not checkable as stated
Segall: Alyce processed $150k in revenue over 20 days
“I think just in the last 20 days, we've put through about a 150 K worth of worth of revenue.”
Greg Segall Jan 27, 2017 ▶ 8:51 EP 552: $300k last 12 months To Help Sales People Find Perfect Gifts with CEO Greg Segall
Jan 27, 2017
Disclosure
Segall: Alyce raised convertible note at 6% interest and 20% discount
“Six percent interest and 20% discount.”
Greg Segall Jan 27, 2017 ▶ 8:12 EP 552: $300k last 12 months To Help Sales People Find Perfect Gifts with CEO Greg Segall
Jan 27, 2017 bullish
Assertion Not checkable as stated
Segall: Alyce catalog grew from 3,000 to 15,000 products
“Because when we launched the catalog, it started off at about 3000 products. Now we're at about 15,000.”
Greg Segall Jan 27, 2017 ▶ 11:11 EP 552: $300k last 12 months To Help Sales People Find Perfect Gifts with CEO Greg Segall
Jan 27, 2017 positive
Disclosure
Alyce plans a bid-for-placement merchant directory ranked by margins
“Eventually, we will probably turn this into more of like a bid, bid for play thing... Which one am I going to show first? I'm probably going to end up showing the one that shows more margin, or gives us more margin, so obviously in the end it can end up becomi…”
Greg Segall Jan 27, 2017 ▶ 11:41 EP 552: $300k last 12 months To Help Sales People Find Perfect Gifts with CEO Greg Segall
Jan 27, 2017 bullish
Prediction Not checkable as stated
Segall: Alyce on pace to generate $4.7M in 2017
“Cause we're right now just with contracts already, we're on pace to do probably about 4.7 million next year.”
Greg Segall Jan 27, 2017 ▶ 7:54 EP 552: $300k last 12 months To Help Sales People Find Perfect Gifts with CEO Greg Segall
Jan 27, 2017 neutral
Disclosure
Alyce takes a 20% to 35% cut from 460 partner merchants
“What we've done is we've partnered with about 460 merchants now that cut us a piece of the transaction, because basically we are getting them inside of the corporate gifting budgets, which they have no no way of getting into otherwise. So they cut us anywhere …”
Greg Segall Jan 27, 2017 ▶ 3:36 EP 552: $300k last 12 months To Help Sales People Find Perfect Gifts with CEO Greg Segall
Jan 27, 2017 positive
Prediction Not checkable as stated
Segall: Alyce will reach around $300k top-line revenue in year one
“So we're going to be probably around 300 grand this year.”
Greg Segall Jan 27, 2017 ▶ 6:19 EP 552: $300k last 12 months To Help Sales People Find Perfect Gifts with CEO Greg Segall
Dec 17, 2018 neutral
Assertion Not checkable as stated
About 75% of Alyce's full-time staff works remotely
“Yeah, it's a very, very, I'd say, so it's about 75% of the team is remote right now, but they're full-time employees of ours.”
Greg Segall Dec 17, 2018 ▶ 16:09 1241 His New Way to Prospect Just Passed $1m in ARR, $5.4m Raised
Dec 17, 2018 positive
Disclosure
The majority of Alyce revenue comes from SaaS subscriptions
“The whole company obviously still makes a lot of money off of the gifts itself and the transactions, but a majority of the money is coming in from SAS.”
Greg Segall Dec 17, 2018 ▶ 2:13 1241 His New Way to Prospect Just Passed $1m in ARR, $5.4m Raised
Dec 17, 2018 neutral
Assertion Not checkable as stated
Segall: Alyce has a team of 40 employees
“We're at 40 right now.”
Greg Segall Dec 17, 2018 ▶ 16:00 1241 His New Way to Prospect Just Passed $1m in ARR, $5.4m Raised
Dec 17, 2018
Assertion Not checkable as stated
Alyce sees 6% to 30% gift acceptance rates for cold outbound prospecting
“When it's a cold prospect right now we can see anywhere between, let's say six is our lowest, you know, all the way up to what we just had, which is about 30% you know, acceptance rate. And then 50% of those will be by handwritten card or by the branded box an…”
Greg Segall Dec 17, 2018 ▶ 5:58 1241 His New Way to Prospect Just Passed $1m in ARR, $5.4m Raised
Dec 17, 2018 bullish
Assertion Not checkable as stated
Alyce grew 8x year-over-year and up to 50% month-over-month during fundraise
“We had done like eight times, so we were in a really good position. We were growing, I think, at the time that we raised anywhere between 25 and 50% month-over-month growth.”
Greg Segall Dec 17, 2018 ▶ 15:18 1241 His New Way to Prospect Just Passed $1m in ARR, $5.4m Raised
Dec 17, 2018 neutral
What-if
Segall sacrificed $2M to $3M in valuation to pick operator investors
“Like we probably could eat out another two to three million dollars on valuation. But we decided not to and I decided to go with the investors for That I wanted based on, you know, what they thought, you know, in the stage that we are in the business”
Greg Segall Dec 17, 2018 ▶ 14:40 1241 His New Way to Prospect Just Passed $1m in ARR, $5.4m Raised
Dec 17, 2018 neutral
Disclosure
Segall: Alyce has raised about $5.9M in total funding
“Altogether about 5.9.”
Greg Segall Dec 17, 2018 ▶ 3:04 1241 His New Way to Prospect Just Passed $1m in ARR, $5.4m Raised
Dec 17, 2018 positive
Disclosure
Segall spent four to six weeks doing due diligence on 15 funds
“We had 15 investors that wanted to come into the round. So we were very lucky and I did a lot of due diligence, but almost between four to probably closer to six weeks doing due diligence on every one of the funds.”
Greg Segall Dec 17, 2018 ▶ 13:59 1241 His New Way to Prospect Just Passed $1m in ARR, $5.4m Raised
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