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ClickIt

8 statements across 1 episodes · 1 bullish · 0 bearish · 1 people on the record · first statement Mar 18, 2019 by Vivek Kumar · said 7 times in 1 episodes since 2019 · across every show →

Mentions by year

brought up most by Nathan Latka (5), Vivek Kumar (2)

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2019 7 mentions in 1 episode

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Everything said about ClickIt, oldest first

Mar 18, 2019 neutral
Assertion Not publicly verifiable
ClickIt has raised around $750k in total funding
“We've raised about 750,000 over that course of that whole time. In fact, just closed some more capital recently.”
Vivek Kumar Mar 18, 2019 ▶ 6:41 1332 We almost missed payroll 3 months ago as we reset 5 year old business
Mar 18, 2019 neutral
Assertion Not checkable as stated
ClickIt generates $10k–$20k monthly revenue with $10k recurring
“So total revenue per month is between 10 and 20,000 dollars. About half of that's recurring. So about 10,000 a month in recurring. The new offering that John is talking about in more detail, it's about a thousand a month in recurring. So within three months, w…”
Vivek Kumar Mar 18, 2019 ▶ 4:54 1332 We almost missed payroll 3 months ago as we reset 5 year old business
Mar 18, 2019
Assertion Not checkable as stated
Vivek Kumar: ClickIt charges $3 per employee per month
“We make it easy through a kiosk, and we charge organizations three dollars per employee per month to be able to provide this information.”
Vivek Kumar Mar 18, 2019 ▶ 2:49 1332 We almost missed payroll 3 months ago as we reset 5 year old business
Mar 18, 2019
Assertion Not checkable as stated
Vivek Kumar: Co-Founder John Took Pay Cut for More Equity
“He actually walked the walk. So he agreed to modify his compensation package. He took a severe pay cut and he doubled down on his equity almost more than that.”
Vivek Kumar Mar 18, 2019 ▶ 12:51 1332 We almost missed payroll 3 months ago as we reset 5 year old business
Mar 18, 2019 neutral
Assertion Not checkable as stated
Kumar: ClickIt had 29% retention in hospitality, zero churn across 3 new clients
“I mean, in our hotel business, it was 29% retention, about 25 paying customers. In this space, the three paying customers to date, zero so far in the three months.”
Vivek Kumar Mar 18, 2019 ▶ 10:23 1332 We almost missed payroll 3 months ago as we reset 5 year old business
Mar 18, 2019
Assertion Not checkable as stated
Vivek Kumar: ClickIt Burns About $20,000 Net Per Month
“No, we net burns about 20 K a month.”
Vivek Kumar Mar 18, 2019 ▶ 11:11 1332 We almost missed payroll 3 months ago as we reset 5 year old business
Mar 18, 2019
Assertion Not checkable as stated
Vivek Kumar: ClickIt receives about 10,000 responses per day
“In total, we across different solution sets we have, we probably get about 10,000 responses a day.”
Vivek Kumar Mar 18, 2019 ▶ 3:32 1332 We almost missed payroll 3 months ago as we reset 5 year old business
Mar 18, 2019 positive
Disclosure
Kumar: ClickIt did not reset cap table or wash out early investors
“We did not. There was debate about whether to do that.”
Vivek Kumar Mar 18, 2019 ▶ 9:08 1332 We almost missed payroll 3 months ago as we reset 5 year old business
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