Cloudability

21 statements across 2 episodes · 10 bullish · 1 bearish · 2 people on the record · first statement Nov 21, 2018 by Matt Ellis · said 51 times in 3 episodes since 2018 · across every show →

Mentions by year

brought up most by Nathan Latka (51)

tap a year for its mentions
00201401201820192020202120222023episodesmentions
011201820192020202120222023episodes it came up in
00200.5401201820192020202120222023episodesmentions per episode

every mention, scene by scene, with the transcript →

Everything said about Cloudability, oldest first

Nov 21, 2018 bullish
Prediction Not checkable as stated
Cloudability predicts exceeding $50 million in ARR by end of 2019
“We'll be double, double, double. So sometime I think by the end of next year we'll be over 50.”
Matt Ellis Nov 21, 2018 ▶ 14:16 1215 Cloudability CEO: We're Past $20m in ARR, 11% of Total AWS Spend
Nov 21, 2018 bullish
Assertion Not checkable as stated
75% of new Cloudability customers outpace their contract spending schedules
“About 75% of our upfront new logos are spending ahead of where they thought they were because we accelerate what they do.”
Matt Ellis Nov 21, 2018 ▶ 17:41 1215 Cloudability CEO: We're Past $20m in ARR, 11% of Total AWS Spend
Nov 21, 2018
Insight
Startups serving everyone early on will lose in every vertical
“But if you're trying to do all things to all people today, you're going to lose in every vertical. You've got to win in one vertical and then combine the winning vertical, the winning solutions. And that happens when the industry matures.”
Matt Ellis Nov 21, 2018 ▶ 15:37 1215 Cloudability CEO: We're Past $20m in ARR, 11% of Total AWS Spend
Nov 21, 2018 positive
Assertion Not checkable as stated
Cloudability typically reduces customer cloud bills by 20% to 30%
“We're actually reducing your bill typically by 20 to 30% a year on a unit cost.”
Matt Ellis Nov 21, 2018 ▶ 3:12 1215 Cloudability CEO: We're Past $20m in ARR, 11% of Total AWS Spend
Nov 21, 2018 bullish
Assertion Not checkable as stated
Cloudability grew revenue 40x while its dataset expanded ten million-fold
“Well, we went through a period, we grew the business 40 times in revenue early on, and we grew the revenue the data set size ten million fold.”
Matt Ellis Nov 21, 2018 ▶ 9:22 1215 Cloudability CEO: We're Past $20m in ARR, 11% of Total AWS Spend
Nov 21, 2018 bullish
Assertion Not checkable as stated
Cloudability processes 11% of total AWS revenue
“We have 11% of Amazon's revenue going through our system, and a fairly large amount of the other two big clouds going through our system.”
Matt Ellis Nov 21, 2018 ▶ 6:07 1215 Cloudability CEO: We're Past $20m in ARR, 11% of Total AWS Spend
Nov 21, 2018 bullish
Prediction Didn’t hold up
Cloudability plans to IPO by 2023 to become a consolidation platform
“So sometime in the next five years or mature, we will probably be an IPO. We can use our currency to combine or join a combined entity and go out there and just become something akin to a new version of Cisco or SAP.”
Matt Ellis Nov 21, 2018 ▶ 15:48 1215 Cloudability CEO: We're Past $20m in ARR, 11% of Total AWS Spend
Nov 21, 2018 neutral
Assertion Not checkable as stated
Cloudability revenue growth is split evenly between expansion and new logos
“It's about fifty-fifty right now.”
Matt Ellis Nov 21, 2018 ▶ 11:16 1215 Cloudability CEO: We're Past $20m in ARR, 11% of Total AWS Spend
Nov 21, 2018 neutral
Disclosure
Cloudability has raised $32 million in equity funding
“32 in equity.”
Matt Ellis Nov 21, 2018 ▶ 13:00 1215 Cloudability CEO: We're Past $20m in ARR, 11% of Total AWS Spend
Nov 21, 2018 positive
Disclosure
Cloudability recovers customer acquisition costs within one year
“Inside the first year.”
Matt Ellis Nov 21, 2018 ▶ 17:40 1215 Cloudability CEO: We're Past $20m in ARR, 11% of Total AWS Spend
Nov 21, 2018 neutral
Assertion Not checkable as stated
Cloudability employs 130 people, with 75% based in Portland
“130 three quarters of us are based in Portland, Oregon.”
Matt Ellis Nov 21, 2018 ▶ 18:25 1215 Cloudability CEO: We're Past $20m in ARR, 11% of Total AWS Spend
Nov 21, 2018 neutral
Assertion Not checkable as stated
Cloudability processed two exabytes of data in 2017
“We processed two exabytes of data last year.”
Matt Ellis Nov 21, 2018 ▶ 8:26 1215 Cloudability CEO: We're Past $20m in ARR, 11% of Total AWS Spend
Nov 21, 2018 neutral
Insight
Ellis: Cloud IT is a supply chain problem, not a maintenance problem
“The way you made technology work before was you had smart people to make it just work. That Ubuntu server wasn't going to stay working unless it's someone to keep it working. Now you buy it from Google for eight cents an hour. Now the problem is not making it …”
Matt Ellis Nov 21, 2018 ▶ 5:31 1215 Cloudability CEO: We're Past $20m in ARR, 11% of Total AWS Spend
Nov 21, 2018 positive
Assertion Not checkable as stated
Cloudability's cloud bill stayed flat while the business grew 11x
“Our bill personally at cloudability in February was the same as it was in April, 2015, for a business of 11 times bigger.”
Matt Ellis Nov 21, 2018 ▶ 3:16 1215 Cloudability CEO: We're Past $20m in ARR, 11% of Total AWS Spend
Nov 21, 2018 neutral
Assertion Not checkable as stated
Cloudability serves fewer than 1,000 enterprise customers
“With some of those companies like Axio, we have, you know, under a thousand customers.”
Matt Ellis Nov 21, 2018 ▶ 7:04 1215 Cloudability CEO: We're Past $20m in ARR, 11% of Total AWS Spend
Nov 21, 2018 neutral
Disclosure
Cloudability reports typical annual contract values between $100,000 and $250,000
“Typically it's a hundred to 250 grand ACPs.”
Matt Ellis Nov 21, 2018 ▶ 3:56 1215 Cloudability CEO: We're Past $20m in ARR, 11% of Total AWS Spend
Nov 21, 2018 bullish
Assertion Not checkable as stated
Cloudability doubles or more than doubles its revenue year over year
“We are doubling or more than doubling every year.”
Matt Ellis Nov 21, 2018 ▶ 12:11 1215 Cloudability CEO: We're Past $20m in ARR, 11% of Total AWS Spend
Nov 21, 2018 positive
Assertion Not checkable as stated
Cloudability's first three customers from 2012 remain active in 2018
“And the first three customers who signed with us in 2012 are still customers with us today.”
Matt Ellis Nov 21, 2018 ▶ 9:07 1215 Cloudability CEO: We're Past $20m in ARR, 11% of Total AWS Spend
Mar 3, 2023 negative
Disclosure
Founders Sometimes Cut Off Angel Investors After Raising Institutional Rounds, Kepes Says
“I mean, I've had not with CloudAbility, but with other companies, I've had sort of the email from CE saying, hey, we've done Series A, B, C, whatever from now on, we probably won't be updating you ever, and I won't reply to your emails, kind of thing, which is…”
Ben Kepes Mar 3, 2023 ▶ 7:52 How This Angel Investor Got $20k Check into Cloudability, 40% Checks Still in Play
Mar 3, 2023 neutral
Disclosure
Ben Kepes's Initial Angel Check Into Cloudability Was $20,000 To $30,000
“I mean, the chick size was, from memory, it was like, 20, 30 k, so not much at all.”
Ben Kepes Mar 3, 2023 ▶ 9:07 How This Angel Investor Got $20k Check into Cloudability, 40% Checks Still in Play
Mar 3, 2023
Disclosure
Ben Kepes Was Cloudability's First Investor, Introduced Founders to Foundry Group
“So I was the first first investor in Cloudability. And again, that was super interesting. Invested introduced those guys to Brad and the team at the Foundry you know, watch that investment play out over time. And then they got, got acquired by Aptio.”
Ben Kepes Mar 3, 2023 ▶ 4:18 How This Angel Investor Got $20k Check into Cloudability, 40% Checks Still in Play
Made with StarZero

Turn any episode into a week of clips.

This entire site, over 2,600 episodes transcribed, diarized, checked and made playable, runs on the StarZero media pipeline. Drop in your own episode and the podcast clipper finds the moments worth sharing, cuts them, captions them, and reframes them for every feed.