Gleb Budman

8 statements across 2 episodes · 3 bullish · 2 bearish · 1 people on the record · first statement Nov 10, 2018 by Gleb Budman · across every show →

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

Everything said about Gleb Budman, oldest first

Nov 10, 2018
Assertion Supported
Budman: First startup had zero revenue when acquired for $120M
“No revenue, no customers.”
Gleb Budman Nov 10, 2018 ▶ 5:36 1204 $30m ARR Cloud Backup Company Almost Bankrupt from Thailand Floods
Nov 10, 2018 bullish
Assertion Supported
Budman: Backblaze Has Reached $30 Million in ARR
“Yeah, it's actually thirty million ARR today.”
Gleb Budman Nov 10, 2018 ▶ 3:58 1204 $30m ARR Cloud Backup Company Almost Bankrupt from Thailand Floods
Nov 10, 2018
Disclosure
Budman: Backblaze spends 6 to 12 months of revenue on CAC
“So it depends on the product line, but in rough numbers, we'll, we'll spend about somewhere between six and 12 months worth of revenue to acquire a customer.”
Gleb Budman Nov 10, 2018 ▶ 10:53 1204 $30m ARR Cloud Backup Company Almost Bankrupt from Thailand Floods
Oct 5, 2023 neutral
Insight
IPO 'Testing the Waters' Meetings Are High-Stakes Evaluations
“The testing the water is you're talking to investors, and when you talk to the investors, if those investors don't come back and tell the banks, hey, we're really excited about investing in this, the banks go, eh, I don't think that there's an IPO here to be d…”
Gleb Budman Oct 5, 2023 ▶ 15:36 How We Bootstrapped Backblaze from $0 to IPO and $87m in ARR
Oct 5, 2023 positive
Disclosure
Backblaze Founders Banned Pitching and Spreadsheets in Year One
“We said for one year, we're gonna do nothing in terms of venture funding. There's gonna be no PowerPoints. There's gonna be no, no spreadsheets. There's gonna be no pitches. Just focus on product, focus on customers, see how it goes.”
Gleb Budman Oct 5, 2023 ▶ 0:58 How We Bootstrapped Backblaze from $0 to IPO and $87m in ARR
Oct 5, 2023 negative
Opinion
Top Banks Assign C-Teams to $100M IPOs and Drop Them Quickly
“If you are you know, 50, 60, a hundred million dollars in, in revenue, and you're raising a hundred million dollars, those banks are going to give you the C team if you go with them, and they will drop you at the in a second, if they have a different opportuni…”
Gleb Budman Oct 5, 2023 ▶ 11:39 How We Bootstrapped Backblaze from $0 to IPO and $87m in ARR
Oct 5, 2023 positive
Insight
Founders Should Choose IPO Banks Based on Their Research Analysts
“The analysts at these banking firms are who are hopefully going to be with you quarter after quarter after quarter after quarter. And so when you're picking your banks, you're actually picking your analyst. So start with the start by looking at the analyst, th…”
Gleb Budman Oct 5, 2023 ▶ 12:19 How We Bootstrapped Backblaze from $0 to IPO and $87m in ARR
Oct 5, 2023 negative
Assertion Not checkable as stated
A Key Roadshow Partner Launched a Competitor Days Before Backblaze's IPO
“One of our key partners who was involved in our IPO roadshow launched a competitor like a week before we were going public.”
Gleb Budman Oct 5, 2023 ▶ 14:40 How We Bootstrapped Backblaze from $0 to IPO and $87m in ARR
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