Glenn Coates

7 statements across 1 episodes · 1 bullish · 0 bearish · 1 people on the record · first statement Jan 22, 2017 by Glenn Coates · said 2 times in 2 episodes since 2017 · across every show →

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Everything said about Glenn Coates, oldest first

Jan 22, 2017
Assertion Supported
Coates: Handshake raised $23.5M across seed, Series A, and Series B
“That was including our Series B. So the three rounds that we raised were a one and a half million dollar seed round, an eight million dollar Series A, and then a fourteen million dollar Series B.”
Glenn Coates Jan 22, 2017 ▶ 10:16 EP 547: Handshake.com Raises $24M, Helping 1000+ Customers Manage Store Product Purchasing with CEO Glen Coates
Jan 22, 2017
Assertion Not checkable as stated
Coates: Handshake is operating near $10M in ARR
“So most, a lot of growth stage investors talk about like kind of ten million in ARR as being, you know, where they kind of Find their sweet spot. And you know, we're in that kind of scale, right?”
Glenn Coates Jan 22, 2017 ▶ 8:55 EP 547: Handshake.com Raises $24M, Helping 1000+ Customers Manage Store Product Purchasing with CEO Glen Coates
Jan 22, 2017 bullish
Assertion Not checkable as stated
Handshake served over 1,000 paying business customers as of late 2016
“Yeah, so we work with over a thousand companies today out there in the market in, in different industries.”
Glenn Coates Jan 22, 2017 ▶ 6:19 EP 547: Handshake.com Raises $24M, Helping 1000+ Customers Manage Store Product Purchasing with CEO Glen Coates
Jan 22, 2017 neutral
Disclosure
Coates: Each Handshake funding round was sized for two years of runway
“Usually we've raised for a couple of years. Like, that's been, like, we want to have, each time we've raised money, it's, like, bought us basically two years of runway.”
Glenn Coates Jan 22, 2017 ▶ 19:48 EP 547: Handshake.com Raises $24M, Helping 1000+ Customers Manage Store Product Purchasing with CEO Glen Coates
Jan 22, 2017
Assertion Not checkable as stated
Coates breaks down Handshake's 70-person team across product, sales, and success
“The product and engineering group is I think it's probably 20 people, give or take, at this point, between design, engineering, product management, those kind of people. You know, sales teams, probably 20 people, something like that, you know, The service and …”
Glenn Coates Jan 22, 2017 ▶ 13:08 EP 547: Handshake.com Raises $24M, Helping 1000+ Customers Manage Store Product Purchasing with CEO Glen Coates
Jan 22, 2017
Assertion Not checkable as stated
Handshake transitioned to strictly annual customer contracts in late 2015
“We used to have monthly contracts. We sort of sunset those about a year ago now. And we let some of the companies that were on those monthly contracts from kind of back in the day stay on them as a kind of good guy. You know, kind of a good guy. Yeah. We kind …”
Glenn Coates Jan 22, 2017 ▶ 9:35 EP 547: Handshake.com Raises $24M, Helping 1000+ Customers Manage Store Product Purchasing with CEO Glen Coates
Jan 22, 2017
Insight
Coates: Plan fundraising at 12 months runway; pitch during the last six
“You really need to start thinking about run raising when you've got a year of runway, but like the real, like you're out there pounding the pavement stuff is probably when you're into the last six months.”
Glenn Coates Jan 22, 2017 ▶ 20:01 EP 547: Handshake.com Raises $24M, Helping 1000+ Customers Manage Store Product Purchasing with CEO Glen Coates
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