Foxy

14 statements across 1 episodes · 3 bullish · 3 bearish · 1 people on the record · first statement Sep 8, 2018 by Brett Florio · said 8 times in 1 episodes since 2018 · across every show →

Mentions by year

brought up most by Nathan Latka (8)

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2018 8 mentions in 1 episode

every mention, scene by scene, with the transcript →

Everything said about Foxy, oldest first

Sep 8, 2018 neutral
Disclosure
Florio: Foxy sits between investor tiers and does not need capital
“We've found that once we started getting on people's radars, we are not big enough For certain types of investors, and we're too big for others, so we, what we need less than money would be the team that the money brings, and we tend to, we're just, we don't r…”
Brett Florio Sep 8, 2018 ▶ 15:00 1141 Not shopify, not stripe, $2b+ in transaction volume processed
Sep 8, 2018 neutral
Assertion Supported
Florio: Foxy supports 100 payment gateways, including Stripe
“So we're, we support a hundred different payment gateways, including Stripe.”
Brett Florio Sep 8, 2018 ▶ 3:30 1141 Not shopify, not stripe, $2b+ in transaction volume processed
Sep 8, 2018 bearish
Prediction Not checkable as stated
Florio: Foxy will probably not hit $1M ARR in 2018
“Realistically, probably not.”
Brett Florio Sep 8, 2018 ▶ 17:37 1141 Not shopify, not stripe, $2b+ in transaction volume processed
Sep 8, 2018
Disclosure
Florio: Foxy charges 0.5% per transaction capped at 15 cents
“So it's technically our pricing is technically half of a percent up to a maximum of 15 cents.”
Brett Florio Sep 8, 2018 ▶ 5:55 1141 Not shopify, not stripe, $2b+ in transaction volume processed
Sep 8, 2018 neutral
Disclosure
Florio: Foxy's growth has slowed to a very low rate during platform housekeeping
“Well, in the early days, you know, it was a much higher number. We sort of plateaued a little bit and we're, the growth is picking back up. So right now we're in a little bit of a weird place. We've done a lot of housekeeping. We're very old. So right now the …”
Brett Florio Sep 8, 2018 ▶ 18:16 1141 Not shopify, not stripe, $2b+ in transaction volume processed
Sep 8, 2018
Disclosure
Florio: Monthly SaaS fees drive the bulk of Foxy revenue
“The bulk is from the monthly fee, the SaaS model.”
Brett Florio Sep 8, 2018 ▶ 16:39 1141 Not shopify, not stripe, $2b+ in transaction volume processed
Sep 8, 2018 neutral
Assertion Not checkable as stated
Florio: Foxy operates with under 10 remote employees after 11 years
“So 11 years in, we're still a pretty small team. We're under 10. We're about half in the US, half international. Everybody is fully remote.”
Brett Florio Sep 8, 2018 ▶ 7:57 1141 Not shopify, not stripe, $2b+ in transaction volume processed
Sep 8, 2018 negative
Assertion Not checkable as stated
Florio: Foxy's paid CAC was north of $100
“I think it was definitely north of a hundred dollars or so.”
Brett Florio Sep 8, 2018 ▶ 11:14 1141 Not shopify, not stripe, $2b+ in transaction volume processed
Sep 8, 2018 negative
Disclosure
Florio: Would not sell Foxy for $1 million
“No, not for that.”
Brett Florio Sep 8, 2018 ▶ 20:15 1141 Not shopify, not stripe, $2b+ in transaction volume processed
Sep 8, 2018
Insight
Florio: E-commerce pricing models become unworkable without minimum fees
“What we've seen and what we've discovered for ourselves, although we've never tried a more sort of freemium with only the transaction fees, but what we've seen from others and what we've done from our own math is that without some sort of minimum fee, it becom…”
Brett Florio Sep 8, 2018 ▶ 16:04 1141 Not shopify, not stripe, $2b+ in transaction volume processed
Sep 8, 2018 positive
Assertion Not checkable as stated
Florio: Foxy's logo and revenue churn rates are roughly equal
“It's roughly the same again because we don't have any users even amongst our enterprise that constitutes so much.”
Brett Florio Sep 8, 2018 ▶ 11:57 1141 Not shopify, not stripe, $2b+ in transaction volume processed
Sep 8, 2018 neutral
Disclosure
Florio: Most Foxy customers are micro-SMBs paying $20 a month
“The huge bulk of our users are micro and in the sort of micro SMB. So the most of our users are just paying us 20 dollars a month.”
Brett Florio Sep 8, 2018 ▶ 6:49 1141 Not shopify, not stripe, $2b+ in transaction volume processed
Sep 8, 2018 positive
Assertion Not checkable as stated
Florio: Foxy has thousands of customers on its platform
“We don't share that publicly, but I'll say it's thousands.”
Brett Florio Sep 8, 2018 ▶ 8:48 1141 Not shopify, not stripe, $2b+ in transaction volume processed
Sep 8, 2018 positive
Disclosure
Florio: Foxy offers an unlimited free trial until stores go live
“We offer an unlimited free trial. So you only have to actually pay when you want to take your store live. So when you want to collect real dollars from real customers, because we're developers ourselves, we know that most developers in projects are not wrappin…”
Brett Florio Sep 8, 2018 ▶ 10:23 1141 Not shopify, not stripe, $2b+ in transaction volume processed
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