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Brett Groh

11 statements across 1 episodes · 2 bullish · 0 bearish · 1 people on the record · first statement May 25, 2018 by Brett Groh · across every show →

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

Everything said about Brett Groh, oldest first

May 25, 2018
Assertion Not checkable as stated
Groh: LinkTrust Reached $4.5M Revenue Within First Few Years
“We got up to about four and a half minutes relatively quickly competing with our competitor... Within the first few years.”
Brett Groh May 25, 2018 ▶ 4:02 1035 How He Restructured $4.5m Company, Then Exited Jan 1
May 25, 2018
Assertion Supported
Groh: LinkTrust Launched in 2002 When DirectTrack Was Only Competitor
“So we launched it back in about 2002. And the real, the reason that we launched it was there was only really one platform in the space at the time that was direct track. They're no longer around.”
Brett Groh May 25, 2018 ▶ 1:35 1035 How He Restructured $4.5m Company, Then Exited Jan 1
May 25, 2018 positive
Assertion Not checkable as stated
Groh: LinkTrust Paid Off All Liabilities in Three Years
“So we restructured, we've been in the black every single month, and it took us three years, but we paid off every single penny of the liabilities, and paid off our last debt payment January of last year.”
Brett Groh May 25, 2018 ▶ 6:53 1035 How He Restructured $4.5m Company, Then Exited Jan 1
May 25, 2018 neutral
Assertion Not checkable as stated
Groh: LinkTrust Has About 110 Active Customers
“We have about a 110 customers on the platform right now.”
Brett Groh May 25, 2018 ▶ 2:42 1035 How He Restructured $4.5m Company, Then Exited Jan 1
May 25, 2018 neutral
Assertion Not checkable as stated
Groh: LinkTrust Was Below $4.5M ARR at Acquisition
“So we came out at the acquisition, we were not at 4.5 million at the acquisition.”
Brett Groh May 25, 2018 ▶ 11:21 1035 How He Restructured $4.5m Company, Then Exited Jan 1
May 25, 2018
What-if
Groh: Restarting Would Have Been Easier Than Restructuring LinkTrust
“In retrospect, it probably would have been easier just to cancel everything and start over.”
Brett Groh May 25, 2018 ▶ 5:40 1035 How He Restructured $4.5m Company, Then Exited Jan 1
May 25, 2018 neutral
Assertion Not checkable as stated
Groh: LinkTrust Maintained Roughly 4% Monthly Logo Churn
“Our churn is roughly around four percent.”
Brett Groh May 25, 2018 ▶ 13:07 1035 How He Restructured $4.5m Company, Then Exited Jan 1
May 25, 2018 neutral
Disclosure
Groh: LinkTrust Valued on Owner-Replacement Cost Savings, Not EBITDA
“Well, we're a relatively small company, so we're really valued based upon the amount of money that basically can be saved by me not being there. And I forget what that term is, but basically, you know, you take what my costs are and all the other costs that co…”
Brett Groh May 25, 2018 ▶ 11:53 1035 How He Restructured $4.5m Company, Then Exited Jan 1
May 25, 2018
Assertion Not checkable as stated
Groh: LinkTrust Burned $30K Monthly, Accumulated $2.4M in Liabilities
“At one point, you know, even though we were profitable, we were burning so much cash, like 30,000 dollars a month in cash, just from employees and overhead that we were 2.4 million dollars in qualities at one point.”
Brett Groh May 25, 2018 ▶ 6:12 1035 How He Restructured $4.5m Company, Then Exited Jan 1
May 25, 2018 positive
Disclosure
Groh: LinkTrust Was Acquired on January 1, 2018
“Actually today we just got acquired January first of this year. So I am advising the company. I'm still on doing some projects with the company”
Brett Groh May 25, 2018 ▶ 7:29 1035 How He Restructured $4.5m Company, Then Exited Jan 1
May 25, 2018
Assertion Not checkable as stated
Groh: LinkTrust Cut Headcount From 17 to 5 During Two-Year Restructuring
“We took a company of about 17 and got it down to about a company of five. And then had to build back up from there with our core Strategic employees. And that was, that took a process of about two years to complete the entire restructuring of the company.”
Brett Groh May 25, 2018 ▶ 5:56 1035 How He Restructured $4.5m Company, Then Exited Jan 1
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