CrashPlan

3 statements across 1 episodes · 1 bullish · 1 bearish · 1 people on the record · first statement Nov 1, 2023 by Joe Payne · said 15 times in 1 episodes since 2023 · across every show →

Mentions by year

brought up most by Joe Payne (9), Nathan Latka (6)

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Everything said about CrashPlan, oldest first

Nov 1, 2023 neutral
Assertion Not checkable as stated
Payne: Code42 had $120M total ARR before divesting $70M CrashPlan unit
“The fifty million was the insider product. It's the product that we kept. That product is at fifty million. The old crash plan product was another seventy million or so of ARR. So we were a hundred and twenty million. We got down to fifty million.”
Joe Payne Nov 1, 2023 ▶ 12:15 He hit $120m in ARR Then Sold $70m Unit for $250m, Today His Secrurity SaaS is Cash Rich... whats next?
Nov 1, 2023 positive
Assertion Not checkable as stated
Payne: Code42 sold CrashPlan for $250 million
“And we sold it for two hundred and fifty million dollars.”
Joe Payne Nov 1, 2023 ▶ 11:57 He hit $120m in ARR Then Sold $70m Unit for $250m, Today His Secrurity SaaS is Cash Rich... whats next?
Nov 1, 2023 bearish
Disclosure
Payne: Code42 will consume capital this year due to carve-out friction
“Our EBITDA is still being affected by the separation of our two businesses. So we just sold that business last year. So we're still working through some of that stuff. we'll, we'll, we'll, we'll be a consumer of capital this year.”
Joe Payne Nov 1, 2023 ▶ 20:36 He hit $120m in ARR Then Sold $70m Unit for $250m, Today His Secrurity SaaS is Cash Rich... whats next?
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