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Amit Bendov

23 statements across 4 episodes · 10 bullish · 0 bearish · 1 people on the record · first statement Aug 24, 2018 by Amit Bendov · said 9 times in 6 episodes since 2021 · across every show →

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

Mentions by year

brought up most by Nathan Latka (9)

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2023 1 mention in 1 episode
2022 4 mentions in 2 episodes 2 per episode
2021 4 mentions in 3 episodes 1 per episode

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Everything said about Amit Bendov, oldest first

Aug 24, 2018
Disclosure
Bendov: Gong contract values range from $10k to hundreds of thousands
“It's anywhere from 10,000, and for larger customers, it could be hundreds of thousands.”
Amit Bendov Aug 24, 2018 ▶ 4:55 1126 How Gong Hit $1m+ in ARR in 1st Year
Aug 24, 2018 positive
Assertion Not checkable as stated
Bendov: Gong generated millions of dollars in ARR in its first year
“We, we're in a millions of dollars of ARR right now within the first year.”
Amit Bendov Aug 24, 2018 ▶ 8:20 1126 How Gong Hit $1m+ in ARR in 1st Year
Aug 24, 2018
Insight
Bendov: Selling software cheap prevents learning from customer objections
“A price that isn't cheap because if you sell cheap, you aren't really learning anything. So if there were like objections, we wanted to give like a reasonable price. Price is pretty close to what we would ultimately charge. So if people said no, we'd learn wha…”
Amit Bendov Aug 24, 2018 ▶ 14:12 1126 How Gong Hit $1m+ in ARR in 1st Year
Aug 24, 2018 positive
Assertion Not checkable as stated
Bendov: Early Gong Scaled Demo Requests via Self-Scheduling With Zero SDRs
“One of the things that helped us early on is, is a tool for self-scheduling. When I was still doing some of the sales, instead of like having SDRs, we didn't have any. So we just put like a self-scheduling kind of website and we started getting like lots of de…”
Amit Bendov Aug 24, 2018 ▶ 25:19 1126 How Gong Hit $1m+ in ARR in 1st Year
Aug 24, 2018 neutral
Assertion Not checkable as stated
Bendov: Gong operates with an estimated 18-month customer acquisition payback period
“So right now it's about, if I'm not mistaken, it's about a year and a half.”
Amit Bendov Aug 24, 2018 ▶ 18:57 1126 How Gong Hit $1m+ in ARR in 1st Year
Aug 24, 2018 neutral
Disclosure
Bendov: Most Gong customers have between 10 and hundreds of salespeople
“Most of our customers are sales organizations in, in companies with anywhere from 10 to hundreds of salespeople and they use Gong to understand what's going on in the conversation.”
Amit Bendov Aug 24, 2018 ▶ 3:30 1126 How Gong Hit $1m+ in ARR in 1st Year
Aug 24, 2018 positive
Assertion Not checkable as stated
Bendov: Gong scaled to close to 200 customers in year one
“We have close to 200 customers.”
Amit Bendov Aug 24, 2018 ▶ 7:57 1126 How Gong Hit $1m+ in ARR in 1st Year
Aug 24, 2018
Assertion Not checkable as stated
Bendov: 35 of Gong's 52 employees work in R&D and product
“So we have about, out of that, if I'm not mistaken, it's a, the day, the numbers change in a daily basis, but 35 are in R&D and product.”
Amit Bendov Aug 24, 2018 ▶ 7:36 1126 How Gong Hit $1m+ in ARR in 1st Year
Aug 24, 2018
Insight
Bendov: Squeezing renewal margins does not matter during hypergrowth
“When you grow so quickly, the early customers don't really matter because you're growing like 300 to 400% every year. So like these extra 10% that you're going to get from renewals at existing customers doesn't really move the needle. So you much better off fo…”
Amit Bendov Aug 24, 2018 ▶ 15:05 1126 How Gong Hit $1m+ in ARR in 1st Year
Aug 24, 2018 neutral
Disclosure
Bendov: Gong models for 20% logo churn and -10% net churn
“So when we plan, we actually plan for worse. So I've planned for losing 20% of the logos and being at maybe like 10% -10% churn. And then we try to beat that goal.”
Amit Bendov Aug 24, 2018 ▶ 20:34 1126 How Gong Hit $1m+ in ARR in 1st Year
Sep 1, 2020 positive
Assertion Not checkable as stated
Bendov: Gong approaches 1,500 customers primarily through direct sales
“We're approaching like 1500, maybe a little less and we're probably, it's mostly direct. So we haven't even started developing my channels and partners.”
Amit Bendov Sep 1, 2020 ▶ 5:44 Gong.io Adds $1.5B To Valuation, 1500 Customers, $45m+ in Revenue for Revenue Intelligence Sales Tool
Sep 1, 2020 positive
Assertion Not checkable as stated
Bendov: Gong's LTV to CAC Ratio Exceeds 5:1
“So NDRs are, you know, L to D to CAC is like greater than five.”
Amit Bendov Sep 1, 2020 ▶ 18:19 Gong.io Adds $1.5B To Valuation, 1500 Customers, $45m+ in Revenue for Revenue Intelligence Sales Tool
Sep 1, 2020 positive
Assertion Not checkable as stated
Bendov reveals Gong's three-year customer cohorts expand to 250% initial value
“Those cohorts are around, like, 250 and north, right, percent of what they bought, and they're still, like, most of them are, like, are still with us, right?”
Amit Bendov Sep 1, 2020 ▶ 17:39 Gong.io Adds $1.5B To Valuation, 1500 Customers, $45m+ in Revenue for Revenue Intelligence Sales Tool
Sep 1, 2020
Insight
Bendov: High-Performing B2B Content Must Be Easy, Actionable, and Strictly Niche
“We have like three attributes for content. First, that it's like, it's easy to consume. So not like 13 pages, white papers that nobody wants it to read. Second, it's immediately applicable. It's not some kind of like, you know, bold ideas that you could apply …”
Amit Bendov Sep 1, 2020 ▶ 19:48 Gong.io Adds $1.5B To Valuation, 1500 Customers, $45m+ in Revenue for Revenue Intelligence Sales Tool
Jul 5, 2021 positive
Assertion Not checkable as stated
Bendov: Gong's revenue run rate is well north of $45M
“Yeah, well north of that.”
Amit Bendov Jul 5, 2021 ▶ 15:01 Will Gong Break $10b Valuation by October?
Jul 5, 2021
Disclosure
Bendov: Gong's Series D valuation reached close to $2.2 billion
“It was close to 2.2 billion dollars.”
Amit Bendov Jul 5, 2021 ▶ 3:15 Will Gong Break $10b Valuation by October?
Jul 5, 2021 neutral
Disclosure
Bendov: Gong measures CSMs mostly on NPS, not sales quotas
“The CSMs are measured mostly on NPS. They're not sales people. They want to make sure the customer is getting the best possible service. They kind of do have like NPS and renewal rate, which is kind of proxy, but it's a very small A portion of their compensati…”
Amit Bendov Jul 5, 2021 ▶ 21:12 Will Gong Break $10b Valuation by October?
Jul 5, 2021
Disclosure
Bendov: Gong raised $200M Series D, reaching nearly $340M total funding
“The most recent round is the Series D two hundred million. Dollars led by Code Two, Thrive, Salesforce, and Index. This is the fourth round, so the total to date is like 300, almost three hundred and forty million dollars. The last round was led by Sequoia in …”
Amit Bendov Jul 5, 2021 ▶ 2:41 Will Gong Break $10b Valuation by October?
Jul 5, 2021
Disclosure
Bendov: Gong headcount has reached approximately 330 people
“Close to 300, I think three 30. It changes by the day. So yeah, about 330 people.”
Amit Bendov Jul 5, 2021 ▶ 10:35 Will Gong Break $10b Valuation by October?
Jul 5, 2021 bullish
Disclosure
Gong is still operating entirely on its Series B funding.
“So we haven't even touched, we're still running on a series B money, right? We raised the series B. We did not start touching The Serious Serious C money we raised in December, and we still have a pretty long way to go with a Serious B, right?”
Amit Bendov Jul 5, 2021 ▶ 10:53 Will Gong Break $10b Valuation by October?
Mar 22, 2022 bullish
Assertion Not checkable as stated
Bendov: Gong's average contract value is north of $30,000
“Right now it's north of 30.”
Amit Bendov Mar 22, 2022 ▶ 13:25 Look Back: Is Gong looking to IPO?
Mar 22, 2022 positive
Assertion Contradicted
Bendov: Gong is approaching nearly 1,500 customers
“We're approaching like 1500, maybe a little less and we're probably, it's mostly direct.”
Amit Bendov Mar 22, 2022 ▶ 4:44 Look Back: Is Gong looking to IPO?
Mar 22, 2022
Assertion Not checkable as stated
Bendov: Gong has roughly 60,000 active sales reps on its platform
“I think it's something to the tune of 60,000 for tens of thousands for sure.”
Amit Bendov Mar 22, 2022 ▶ 7:00 Look Back: Is Gong looking to IPO?
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