AppZen

9 statements across 1 episodes · 1 bullish · 0 bearish · 1 people on the record · first statement Jul 28, 2016 by Anant Kale · said 14 times in 3 episodes since 2016 · across every show →

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brought up most by Nathan Latka (7), Anant Kale (7)

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Everything said about AppZen, oldest first

Jul 28, 2016
Disclosure
Kale: AppZen Targets Enterprises with at Least 500 Employees
“We sell this product to enterprises, mid and large companies, at least companies with 500 employees or more.”
Anant Kale Jul 28, 2016 ▶ 3:05 EP 369: 22 Customers Pay $50K/Year SaaS AppZen.com with Anant Kale
Jul 28, 2016 neutral
Assertion Not checkable as stated
Kale: AppZen's fully loaded CAC is under $18,000
“So, so far the CAC has been a little less than 18,000 dollars.”
Anant Kale Jul 28, 2016 ▶ 7:53 EP 369: 22 Customers Pay $50K/Year SaaS AppZen.com with Anant Kale
Jul 28, 2016 positive
Assertion Not checkable as stated
Kale: AppZen has experienced zero customer churn to date
“We haven't had any churn so far, which is great.”
Anant Kale Jul 28, 2016 ▶ 6:56 EP 369: 22 Customers Pay $50K/Year SaaS AppZen.com with Anant Kale
Jul 28, 2016
Disclosure
Kale: AppZen has raised $3 million in total funding
“But we have raised a total of about three million dollars so far.”
Anant Kale Jul 28, 2016 ▶ 5:43 EP 369: 22 Customers Pay $50K/Year SaaS AppZen.com with Anant Kale
Jul 28, 2016 neutral
Opinion
Kale: Co-founder equity splits should never be 50/50 in business
“So it's, I don't think it's ever 50 50 in, in any kind of business.”
Anant Kale Jul 28, 2016 ▶ 14:03 EP 369: 22 Customers Pay $50K/Year SaaS AppZen.com with Anant Kale
Jul 28, 2016
Assertion Not checkable as stated
Kale: AppZen's average annual prepaid contract is $50,000
“Yes, so our average contracts that we sign these are all annual prepaid contracts, and the average size is around 50,000 dollars.”
Anant Kale Jul 28, 2016 ▶ 4:58 EP 369: 22 Customers Pay $50K/Year SaaS AppZen.com with Anant Kale
Jul 28, 2016 neutral
Assertion Not checkable as stated
Kale: Pre-AppZen salary at Fujitsu was close to $200,000
“Yeah, it was in a 200,000 or close to that, right?”
Anant Kale Jul 28, 2016 ▶ 14:36 EP 369: 22 Customers Pay $50K/Year SaaS AppZen.com with Anant Kale
Jul 28, 2016 neutral
Disclosure
Kale: AppZen's $2M round was valued close to $10M pre-money
“Very, very close.”
Anant Kale Jul 28, 2016 ▶ 10:01 EP 369: 22 Customers Pay $50K/Year SaaS AppZen.com with Anant Kale
Jul 28, 2016
Assertion Not checkable as stated
Kale: AppZen grew revenue twelvefold in 11 months
“So we grew about you know, 12 times in the last 11 months or so.”
Anant Kale Jul 28, 2016 ▶ 3:58 EP 369: 22 Customers Pay $50K/Year SaaS AppZen.com with Anant Kale
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