GeekLab

10 statements across 1 episodes · 3 bullish · 1 bearish · 1 people on the record · first statement Feb 20, 2023 by Jesse Lempiäinen · said 8 times in 1 episodes since 2023 · across every show →

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brought up most by Nathan Latka (8)

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Everything said about GeekLab, oldest first

Feb 20, 2023 positive
Assertion Contradicted
Lempiäinen: GeekLab is currently a profitable business
“We are profitable business.”
Jesse Lempiäinen Feb 20, 2023 ▶ 12:25 $720k in ARR SaaS Raising at $12m Valuation Right Now for App Install SaaS
Feb 20, 2023 positive
Disclosure
Lempiäinen: GeekLab is raising at a $12M post-money valuation
“12, 12 to be exact.”
Jesse Lempiäinen Feb 20, 2023 ▶ 15:34 $720k in ARR SaaS Raising at $12m Valuation Right Now for App Install SaaS
Feb 20, 2023
Assertion Not checkable as stated
GeekLab average customer contract is approximately $1,200 monthly
“On average we're a bit over a thousand bucks a month 1200 ish. And it ranges from all the way up from like 300 bucks a month to like 5000 plus.”
Jesse Lempiäinen Feb 20, 2023 ▶ 2:28 $720k in ARR SaaS Raising at $12m Valuation Right Now for App Install SaaS
Feb 20, 2023
Assertion Not checkable as stated
Lempiäinen: Over 100 investor calls generated multiple term sheets for GeekLab
“I did over a hundred calls last year with phases to kind of get to a point where we have multiple term sheets and we actually have the opportunity to decide where to go.”
Jesse Lempiäinen Feb 20, 2023 ▶ 12:50 $720k in ARR SaaS Raising at $12m Valuation Right Now for App Install SaaS
Feb 20, 2023 negative
Assertion Not checkable as stated
Lempiäinen: Competing app-testing tool cost $60,000 per test in 2019
“I looked at the market. I saw one tool that didn't work and another one that costed like 60,000 bucks for this one test.”
Jesse Lempiäinen Feb 20, 2023 ▶ 4:11 $720k in ARR SaaS Raising at $12m Valuation Right Now for App Install SaaS
Feb 20, 2023
Assertion Not checkable as stated
GeekLab counts around 60 paying customers, mostly game developers
“So, currently today like, we have around 60 paying customers at the moment. So we're talking about, like, game developers mostly sixty-ish.”
Jesse Lempiäinen Feb 20, 2023 ▶ 5:41 $720k in ARR SaaS Raising at $12m Valuation Right Now for App Install SaaS
Feb 20, 2023
Disclosure
Lempiäinen: GeekLab did not split founding equity evenly
“Not, not really. We've done some shifts after that as well.”
Jesse Lempiäinen Feb 20, 2023 ▶ 4:45 $720k in ARR SaaS Raising at $12m Valuation Right Now for App Install SaaS
Feb 20, 2023 neutral
Disclosure
GeekLab delayed December customer onboarding to January due to staffing constraints
“So, so like, honestly, we actually by the end of last year, we didn't take all the agreements in in December that we could have. So we actually put some agreements that we're just going to start them in January where we knew that we were going to get more peop…”
Jesse Lempiäinen Feb 20, 2023 ▶ 9:35 $720k in ARR SaaS Raising at $12m Valuation Right Now for App Install SaaS
Feb 20, 2023
Assertion Not checkable as stated
GeekLab grew from nearly $30k to $50k MRR over one year
“One year ago we were a bit over close to 30 K around. MRR, and then we hit, like 50 K MRR by the end of last month last year”
Jesse Lempiäinen Feb 20, 2023 ▶ 7:07 $720k in ARR SaaS Raising at $12m Valuation Right Now for App Install SaaS
Feb 20, 2023 positive
Disclosure
GeekLab serves Rovio and multiple top 10 mobile gaming companies
“Rovio being, being one of the examples, but like then out of the ones that we can't disclose if you take a look at top 10 mobile gaming companies, so we have plenty of those”
Jesse Lempiäinen Feb 20, 2023 ▶ 11:10 $720k in ARR SaaS Raising at $12m Valuation Right Now for App Install SaaS
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