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Derek Wang

13 statements across 2 episodes · 6 bullish · 1 bearish · 1 people on the record · first statement Jan 12, 2019 by Derek Wang · across every show →

On the record as a speaker too: Derek Wang's record, appearances and statements → this page counts the times other people say the name.

Everything said about Derek Wang, oldest first

Jan 12, 2019 positive
Assertion Not checkable as stated
Wang: Stratify has maintained zero customer churn across all enterprise clients
“Our trend is zero because our, it's not a typical fast test where enterprise test. So every turn here, give me a heart attack. So we keep we have a good customer success team so that so far with all the customer we have, there's zero trends.”
Derek Wang Jan 12, 2019 ▶ 7:40 1267 Customer Intelligence Platform Powerd by AI Passes 30 Customers, $300k in MRR
Apr 4, 2020 positive
Assertion Not checkable as stated
Derek Wang: Stratifyd's annual gross revenue churn is about 3.6%
“We were about 3.6%. Monthly or annually? Annually.”
Derek Wang Apr 4, 2020 ▶ 16:52 1715 CEO Fine Burning $700k/mo During Virus With Just $6m Revenue Helping Enterprises Manage Data
Apr 4, 2020 neutral
Assertion Not checkable as stated
Stratifyd burned roughly $700,000 monthly during April 2020
“We're about 70% of what that is.”
Derek Wang Apr 4, 2020 ▶ 19:01 1715 CEO Fine Burning $700k/mo During Virus With Just $6m Revenue Helping Enterprises Manage Data
Apr 4, 2020
Assertion Partly supported
Wang: Stratifyd raised an additional $30 million in venture funding
“We, ah, we were happy to say we raised another thirty million after, ah, just around”
Derek Wang Apr 4, 2020 ▶ 6:33 1715 CEO Fine Burning $700k/mo During Virus With Just $6m Revenue Helping Enterprises Manage Data
Apr 4, 2020
Assertion Not checkable as stated
Stratifyd employs 105 full-time staff across US and global offices
“US, we are about 70 people so, and globally, we have another 35 people globally.”
Derek Wang Apr 4, 2020 ▶ 12:25 1715 CEO Fine Burning $700k/mo During Virus With Just $6m Revenue Helping Enterprises Manage Data
Apr 4, 2020
Assertion Not checkable as stated
Stratifyd operates with only three quota-bearing sales reps
“We, as of now, we have three photo bearing AEs.”
Derek Wang Apr 4, 2020 ▶ 13:28 1715 CEO Fine Burning $700k/mo During Virus With Just $6m Revenue Helping Enterprises Manage Data
Apr 4, 2020 bearish
Opinion
Wang: It is impossible to raise capital during COVID-19 without in-person meetings
“Right now, you're basically it's impossible to raise money right now, because all that, you can't, you don't have the in-person and whatnot, so we're in a position, we're not worried about raising capital.”
Derek Wang Apr 4, 2020 ▶ 7:49 1715 CEO Fine Burning $700k/mo During Virus With Just $6m Revenue Helping Enterprises Manage Data
Apr 4, 2020 positive
Assertion Not checkable as stated
Wang: 80% of Stratifyd's original 30 customers have expanded with upsells
“So I would say that 30 users, 80% of them already had a one or two times of upsell within the organization.”
Derek Wang Apr 4, 2020 ▶ 9:35 1715 CEO Fine Burning $700k/mo During Virus With Just $6m Revenue Helping Enterprises Manage Data
Apr 4, 2020
Disclosure
Wang: Stratifyd offers tiered pricing starting at $24k up to six figures
“So we have tiered pricing right now that people can start engaging us with 24,000 to start, but also upwards to six figures.”
Derek Wang Apr 4, 2020 ▶ 6:01 1715 CEO Fine Burning $700k/mo During Virus With Just $6m Revenue Helping Enterprises Manage Data
Apr 4, 2020 positive
Assertion Not checkable as stated
Derek Wang: Stratifyd lost only two customer logos in past 12 months
“We lost Two logos.”
Derek Wang Apr 4, 2020 ▶ 15:52 1715 CEO Fine Burning $700k/mo During Virus With Just $6m Revenue Helping Enterprises Manage Data
Apr 4, 2020 positive
Assertion Not checkable as stated
Derek Wang: Stratifyd's net revenue retention is between 120% and 130%
“So we're about a 120, between a 120, a 130.”
Derek Wang Apr 4, 2020 ▶ 16:26 1715 CEO Fine Burning $700k/mo During Virus With Just $6m Revenue Helping Enterprises Manage Data
Apr 4, 2020
Disclosure
Stratifyd keeps customer success managers non-quota-bearing to drive user engagement
“So for our success team, they're actually not quarter bearing. Their job is to make sure users are engaged and active, right?”
Derek Wang Apr 4, 2020 ▶ 14:29 1715 CEO Fine Burning $700k/mo During Virus With Just $6m Revenue Helping Enterprises Manage Data
Apr 4, 2020 positive
Assertion Not checkable as stated
Wang: Stratifyd reaches $5.5M to $6M revenue run rate
“That's about right.”
Derek Wang Apr 4, 2020 ▶ 19:29 1715 CEO Fine Burning $700k/mo During Virus With Just $6m Revenue Helping Enterprises Manage Data
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