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Clear C-Two

10 statements across 1 episodes · 3 bullish · 0 bearish · 1 people on the record · first statement Jun 19, 2019 by Mickey Patton · said 11 times in 1 episodes since 2019 · across every show →

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brought up most by Nathan Latka (11)

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2019 11 mentions in 1 episode

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Everything said about Clear C-Two, oldest first

Jun 19, 2019
Assertion Not checkable as stated
Patton: Clear C-Two revenue growth driven primarily by seat expansion
“Yep. Expanding the seats on logos we already have.”
Mickey Patton Jun 19, 2019 ▶ 14:59 1425 He Pivoted From IBM Reseller to SaaS in 1998, Now $5m in ARR
Jun 19, 2019 positive
Assertion Not checkable as stated
Clear C-Two has surpassed $5 million in annual recurring revenue
“Yeah, we're past five million.”
Mickey Patton Jun 19, 2019 ▶ 15:11 1425 He Pivoted From IBM Reseller to SaaS in 1998, Now $5m in ARR
Jun 19, 2019
Disclosure
Clear C-Two includes professional services in subscriptions at no extra charge
“Our business model is that we provide the services as part of that subscription. So you sign up with us and you have a report that you want, or you have a change in some of the business processes that you have. We do that as part of the subscription, but we do…”
Mickey Patton Jun 19, 2019 ▶ 8:44 1425 He Pivoted From IBM Reseller to SaaS in 1998, Now $5m in ARR
Jun 19, 2019 positive
Assertion Not checkable as stated
Patton: Clear C-Two experiences less than 10% annual logo churn
“It's less than 10%.”
Mickey Patton Jun 19, 2019 ▶ 9:19 1425 He Pivoted From IBM Reseller to SaaS in 1998, Now $5m in ARR
Jun 19, 2019 positive
Assertion Not checkable as stated
Clear C-Two grew revenue by roughly 60% year-over-year
“Based upon a year ago, about 60%.”
Mickey Patton Jun 19, 2019 ▶ 14:45 1425 He Pivoted From IBM Reseller to SaaS in 1998, Now $5m in ARR
Jun 19, 2019 neutral
Assertion Not checkable as stated
Patton: Clear C-Two has around 450 corporate customers
“We have an install base around 450 or so customers. Companies”
Mickey Patton Jun 19, 2019 ▶ 5:52 1425 He Pivoted From IBM Reseller to SaaS in 1998, Now $5m in ARR
Jun 19, 2019
Assertion Not checkable as stated
Patton: Clear C-Two was IBM's go-to CRM from 1998 to 2008
“We were the go to CRM from IBM from about 1998 through 2008 so forth.”
Mickey Patton Jun 19, 2019 ▶ 3:19 1425 He Pivoted From IBM Reseller to SaaS in 1998, Now $5m in ARR
Jun 19, 2019
Disclosure
Clear C-Two is entirely employee-owned with zero outside investors
“I bought everybody else and we're an employee owned company. No, no investors, no nothing.”
Mickey Patton Jun 19, 2019 ▶ 4:59 1425 He Pivoted From IBM Reseller to SaaS in 1998, Now $5m in ARR
Jun 19, 2019
Assertion Not checkable as stated
Clear C-Two has a 10% close rate and a $10,000 CAC
“It's certainly over a thousand dollars. So per new customer, and that's a per prospect probably is more and more accurate. So you get 10% of that. So that number is probably more in the 10,000 range, right? To acquire a prospect, which you got probably a 10% c…”
Mickey Patton Jun 19, 2019 ▶ 12:49 1425 He Pivoted From IBM Reseller to SaaS in 1998, Now $5m in ARR
Jun 19, 2019
Assertion Not checkable as stated
Patton: Clear C-Two averages 100 to 150 seats per signup
“Right now it's hundred, right? ... A hundred to a 150.”
Mickey Patton Jun 19, 2019 ▶ 12:12 1425 He Pivoted From IBM Reseller to SaaS in 1998, Now $5m in ARR
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