StarZero All shows Try the podcast clipper →

Fresh Relevance

11 statements across 1 episodes · 2 bullish · 2 bearish · 1 people on the record · first statement Jul 16, 2020 by Mike Austin · said 10 times in 1 episodes since 2020 · across every show →

Mentions by year

brought up most by Nathan Latka (9), Mike Austin (1)

tap a year for its mentions
00511012020episodesmentions
0112020episodes it came up in
0050.51012020episodesmentions per episode
2020 10 mentions in 1 episode

every mention, scene by scene, with the transcript →

Everything said about Fresh Relevance, oldest first

Jul 16, 2020
Disclosure
Fresh Relevance Founders Invested $500k of Their Own Money to Start
“It was a little bit less than half a million dollars.”
Mike Austin Jul 16, 2020 ▶ 7:22 FreshRelevance Founders Put Up $500k To Start, Now $5m Revenue, 500 Customers
Jul 16, 2020
Assertion Not checkable as stated
Fresh Relevance Sets Mature Sales Quotas at 3x On-Target Earnings
“Would be looking at about three times their sale, three times their OT, I think.”
Mike Austin Jul 16, 2020 ▶ 18:12 FreshRelevance Founders Put Up $500k To Start, Now $5m Revenue, 500 Customers
Jul 16, 2020 bullish
Prediction Not publicly verifiable
Fresh Relevance Is on Track for $5 Million Revenue in 2020
“So we're on track to do about five million dollars this year.”
Mike Austin Jul 16, 2020 ▶ 9:29 FreshRelevance Founders Put Up $500k To Start, Now $5m Revenue, 500 Customers
Jul 16, 2020 positive
Assertion Not checkable as stated
Fresh Relevance Revenue Is Growing 30% to 35% Annually
“So we're going about 30 to 35% annually.”
Mike Austin Jul 16, 2020 ▶ 10:33 FreshRelevance Founders Put Up $500k To Start, Now $5m Revenue, 500 Customers
Jul 16, 2020 neutral
Disclosure
Fresh Relevance Is Breaking Even but Will Burn Cash Next Month for Expansion
“Today we're actually about breaking even. But we've just started a major new investment program. So we're going to be burning cash again as of about next month when some of the new highs hit, hit the hit the office.”
Mike Austin Jul 16, 2020 ▶ 12:14 FreshRelevance Founders Put Up $500k To Start, Now $5m Revenue, 500 Customers
Jul 16, 2020
Assertion Not checkable as stated
Austin: Fresh Relevance CAC is less than first-year contract value
“I don't want to give an exact thing on that, but we're spending less than the first annual year value.”
Mike Austin Jul 16, 2020 ▶ 16:15 FreshRelevance Founders Put Up $500k To Start, Now $5m Revenue, 500 Customers
Jul 16, 2020 negative
Assertion Not checkable as stated
Austin Claims In-Person Events No Longer Generate Reliable SaaS Leads
“In-person events are not working particularly well for us, which is also a big change over the last five years, you know, because a few years ago, you go to an event and you're guaranteed to get leads from it.”
Mike Austin Jul 16, 2020 ▶ 16:50 FreshRelevance Founders Put Up $500k To Start, Now $5m Revenue, 500 Customers
Jul 16, 2020 negative
Assertion Not checkable as stated
Austin: Paid media customer acquisition does not work for Fresh Relevance
“We find that paid media doesn't work for us. So far, we still do a bit, but it's not been very effective.”
Mike Austin Jul 16, 2020 ▶ 16:38 FreshRelevance Founders Put Up $500k To Start, Now $5m Revenue, 500 Customers
Jul 16, 2020 neutral
Assertion Not checkable as stated
Austin: Fresh Relevance Average Contract Value Is Around $20,000 Annually
“The average is somewhere around 20,000 dollars annual.”
Mike Austin Jul 16, 2020 ▶ 2:45 FreshRelevance Founders Put Up $500k To Start, Now $5m Revenue, 500 Customers
Jul 16, 2020
Assertion Not checkable as stated
Austin: Fresh Relevance Serves Nearly 500 Customers, Two-Thirds in UK
“And that's just coming up to 500 now. yeah. And about two-thirds of those are in the UK.”
Mike Austin Jul 16, 2020 ▶ 4:07 FreshRelevance Founders Put Up $500k To Start, Now $5m Revenue, 500 Customers
Jul 16, 2020 neutral
Assertion Not checkable as stated
Austin Admits Fresh Relevance Loses a Few Percent on Cohort Retention
“Right. No, not quite. That, that, that, that's my definition of net share, which may be slightly different. So the so we're looking at probably losing a few percent net on, on that.”
Mike Austin Jul 16, 2020 ▶ 14:28 FreshRelevance Founders Put Up $500k To Start, Now $5m Revenue, 500 Customers
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.

Try the podcast clipper Learn more