Assembla

9 statements across 1 episodes · 5 bullish · 0 bearish · 1 people on the record · first statement Oct 23, 2018 by Paul Lynch · said 27 times in 1 episodes since 2018 · across every show →

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brought up most by Nathan Latka (20), Paul Lynch (7)

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Everything said about Assembla, oldest first

Oct 23, 2018 neutral
Disclosure
Assembla isolates EU data on Frankfurt AWS instances for compliance
“So we call it a data center, but it's large instances that we're running in Frankfurt, completely separated from the, from our US data which are targeting specifically into the EU base.”
Paul Lynch Oct 23, 2018 ▶ 21:01 1186 Why Assembla Sold to Venture Equity Firm, Using GDPR to Hit 60% yoy Growth
Oct 23, 2018
Assertion Not checkable as stated
Lynch: Assembla had 32 staff and was profitable when acquired
“I think we bought the business. There was 32 staff, and it was doing a couple of million bucks. It was making money.”
Paul Lynch Oct 23, 2018 ▶ 8:42 1186 Why Assembla Sold to Venture Equity Firm, Using GDPR to Hit 60% yoy Growth
Oct 23, 2018 bullish
Prediction Not checkable as stated
Lynch predicts Assembla will hit $12M ARR by the end of 2018
“I do.”
Paul Lynch Oct 23, 2018 ▶ 14:01 1186 Why Assembla Sold to Venture Equity Firm, Using GDPR to Hit 60% yoy Growth
Oct 23, 2018 positive
Assertion Not checkable as stated
Lynch: Assembla has generated a profit every month since March 2016
“And since we took this business, which was March, 2016, we returned a profit every month. We've not lost money in a single month that we ran it.”
Paul Lynch Oct 23, 2018 ▶ 12:26 1186 Why Assembla Sold to Venture Equity Firm, Using GDPR to Hit 60% yoy Growth
Oct 23, 2018 positive
Assertion Not checkable as stated
Lynch: Assembla monthly logo churn is around 1%
“We have it. It's significantly less. I mean, it's about one percent maybe, maybe a little bit higher, but.”
Paul Lynch Oct 23, 2018 ▶ 14:27 1186 Why Assembla Sold to Venture Equity Firm, Using GDPR to Hit 60% yoy Growth
Oct 23, 2018 bullish
Assertion Not checkable as stated
Lynch: Assembla increased monthly ARPA from two figures to $500–$1,500
“We bought the business and would have had an ARPA sort of a low, you know, two-figure kind of ARPA. Now we're up to, say, you know, between five, 515 hundred per month would be our sort of sweet spot.”
Paul Lynch Oct 23, 2018 ▶ 4:50 1186 Why Assembla Sold to Venture Equity Firm, Using GDPR to Hit 60% yoy Growth
Oct 23, 2018 neutral
Assertion Not checkable as stated
Lynch: 54% of Assembla's business is US-based and 46% is international
“54% of our business is in the U.S., 46% of it is international, and that, you know, you take Australia, the rest of it's pretty much in the U.K. And Europe.”
Paul Lynch Oct 23, 2018 ▶ 21:38 1186 Why Assembla Sold to Venture Equity Firm, Using GDPR to Hit 60% yoy Growth
Oct 23, 2018 positive
Assertion Not checkable as stated
Lynch: Assembla has 3,500 customers and is tracking 60% annual growth
“So we have about three and a half thousand customers. Month on month growth is about between three and five percent. We're tracking, we did 60% last year. We're tracking the same this year.”
Paul Lynch Oct 23, 2018 ▶ 10:19 1186 Why Assembla Sold to Venture Equity Firm, Using GDPR to Hit 60% yoy Growth
Oct 23, 2018 neutral
Disclosure
Assembla triggers customer success team bonuses based on net negative revenue churn
“There's a specific base salary that the guys come in on. There's a incentive scheme around their individual KPIs and targets. And then there's a bonus at the end of each month. If we see, you know net, net negative revenue growth across the whole team.”
Paul Lynch Oct 23, 2018 ▶ 16:21 1186 Why Assembla Sold to Venture Equity Firm, Using GDPR to Hit 60% yoy Growth
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