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Conveyor

10 statements across 1 episodes · 3 bullish · 1 bearish · 1 people on the record · first statement May 2, 2019 by Steven Rhyne · said 4 times in 1 episodes since 2019 · across every show →

Mentions by year

brought up most by Nathan Latka (3), Steven Rhyne (1)

tap a year for its mentions
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0112019episodes it came up in
0020.5412019episodesmentions per episode
2019 4 mentions in 1 episode

every mention, scene by scene, with the transcript →

Everything said about Conveyor, oldest first

May 2, 2019 positive
Assertion Not checkable as stated
Rhyne: Conveyor's monthly net revenue churn averaged 7% in 2019
“And this year it's averaged seven percent.”
Steven Rhyne May 2, 2019 ▶ 11:04 1377 Moving To Enterprise Reduced Revenue Churn by 50% in Under 12 Months
May 2, 2019 positive
Disclosure
Rhyne: 'Make It Stick' Heavily Influenced Conveyor's Product Direction
“Make it stick. It's a science of successful learning. So it's a great book that's in our field. And it's one of the ones that influenced us the most with the direction we went with convey your”
Steven Rhyne May 2, 2019 ▶ 13:57 1377 Moving To Enterprise Reduced Revenue Churn by 50% in Under 12 Months
May 2, 2019
Disclosure
Rhyne: Conveyor shrunk customer base to 100 while moving upmarket
“I told customers have actually shrunk because we're going more up market. So we're only at about a hundred customers right now.”
Steven Rhyne May 2, 2019 ▶ 5:16 1377 Moving To Enterprise Reduced Revenue Churn by 50% in Under 12 Months
May 2, 2019
Disclosure
Rhyne: Conveyor has never taken debt, funding growth via customer profits
“We've never taken a debt, you know, debt or Borrowed any money. And then we've been funding this with the profits from our largest customers, so.”
Steven Rhyne May 2, 2019 ▶ 9:25 1377 Moving To Enterprise Reduced Revenue Churn by 50% in Under 12 Months
May 2, 2019 neutral
Disclosure
Conveyor assumes a $20,000 enterprise customer LTV
“We usually use the 20 grand LTV for looking at our CAC costs.”
Steven Rhyne May 2, 2019 ▶ 13:19 1377 Moving To Enterprise Reduced Revenue Churn by 50% in Under 12 Months
May 2, 2019
Disclosure
Rhyne: Conveyor has reached about $845k in ARR
“So revenue ARR is about eight, 45.”
Steven Rhyne May 2, 2019 ▶ 5:36 1377 Moving To Enterprise Reduced Revenue Churn by 50% in Under 12 Months
May 2, 2019
Insight
Rhyne: Choosing the right customers matters more for churn than product improvements
“I think the biggest thing, not just product improvements and onboarding and all that, but the customers that you hire.”
Steven Rhyne May 2, 2019 ▶ 11:12 1377 Moving To Enterprise Reduced Revenue Churn by 50% in Under 12 Months
May 2, 2019 positive
Assertion Not checkable as stated
Conveyor's CAC payback period is under one month
“Would you say it's like less than a month? Yeah, for sure.”
Steven Rhyne May 2, 2019 ▶ 12:44 1377 Moving To Enterprise Reduced Revenue Churn by 50% in Under 12 Months
May 2, 2019 negative
Insight
Rhyne: Traditional MOOCs Suffer Low Engagement Because of Format
“Typically like a WordPress, large MOOC with lots of units, and they had really bad engagement on those courses. Simply not because of how they built it, but because of The format.”
Steven Rhyne May 2, 2019 ▶ 4:26 1377 Moving To Enterprise Reduced Revenue Churn by 50% in Under 12 Months
May 2, 2019
Assertion Not checkable as stated
Rhyne: Conveyor stood at roughly $500k ARR one year ago
“A year ago we were at about 500.”
Steven Rhyne May 2, 2019 ▶ 8:23 1377 Moving To Enterprise Reduced Revenue Churn by 50% in Under 12 Months
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