Gong

includes Gong Engage

81 statements across 12 episodes · 43 bullish · 4 bearish · 9 people on the record · first statement Aug 24, 2018 by Amit Bendov · said 204 times in 35 episodes since 2018 · across every show →

Mentions by year, the whole family

brought up most by Nathan Latka (100), Amit Bendov (53), Greg Rafner (10), Paul Fifield (7), Nicolas Vandenberghe (6), Anupreet Singh (6), James Isilay (5), Sindre Haaland (2)

tap a year for its mentions
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0815201820192020202120222023202420252026episodes it came up in
00207.54015201820192020202120222023202420252026episodesmentions per episode
2026 2 mentions in 2 episodes 1 per episode
2024 4 mentions in 2 episodes 2 per episode
2023 13 mentions in 6 episodes 2 per episode
2022 57 mentions in 9 episodes 6 per episode
2021 64 mentions in 12 episodes 5 per episode
2020 31 mentions in 2 episodes 16 per episode
2019 1 mention in 1 episode
2018 32 mentions in 1 episode

every mention, scene by scene, with the transcript →

Everything said about Gong, oldest first

Aug 24, 2018 neutral
Insight
Bendov: Call recording volume does not indicate active product engagement
“So, so call volume doesn't mean, Gong records the call, so it affects someone recording call doesn't mean that they actually use the product, right? That's what we learned early on. So we check engagement in, in a number of ways. So how many logins and how man…”
Amit Bendov Aug 24, 2018 ▶ 10:58 1126 How Gong Hit $1m+ in ARR in 1st Year
Aug 24, 2018
Disclosure
Bendov: Gong contract values range from $10k to hundreds of thousands
“It's anywhere from 10,000, and for larger customers, it could be hundreds of thousands.”
Amit Bendov Aug 24, 2018 ▶ 4:55 1126 How Gong Hit $1m+ in ARR in 1st Year
Aug 24, 2018 positive
Assertion Not checkable as stated
Bendov: 100% of Gong's original beta companies converted to paying customers
“Actually the 12 company bought a few months ago. So now it's 12 out of 12.”
Amit Bendov Aug 24, 2018 ▶ 12:08 1126 How Gong Hit $1m+ in ARR in 1st Year
Aug 24, 2018
Assertion Partly supported
Bendov: Gong charges $800 to $1,000 per seat annually
“Normally it's about you know, anywhere from 800 to a thousand dollars per, per seat per year.”
Amit Bendov Aug 24, 2018 ▶ 13:35 1126 How Gong Hit $1m+ in ARR in 1st Year
Aug 24, 2018 positive
Assertion Not checkable as stated
Bendov: Gong generated millions of dollars in ARR in its first year
“We, we're in a millions of dollars of ARR right now within the first year.”
Amit Bendov Aug 24, 2018 ▶ 8:20 1126 How Gong Hit $1m+ in ARR in 1st Year
Aug 24, 2018
Insight
Bendov: Selling software cheap prevents learning from customer objections
“A price that isn't cheap because if you sell cheap, you aren't really learning anything. So if there were like objections, we wanted to give like a reasonable price. Price is pretty close to what we would ultimately charge. So if people said no, we'd learn wha…”
Amit Bendov Aug 24, 2018 ▶ 14:12 1126 How Gong Hit $1m+ in ARR in 1st Year
Aug 24, 2018 positive
Assertion Not checkable as stated
Bendov: Early Gong Scaled Demo Requests via Self-Scheduling With Zero SDRs
“One of the things that helped us early on is, is a tool for self-scheduling. When I was still doing some of the sales, instead of like having SDRs, we didn't have any. So we just put like a self-scheduling kind of website and we started getting like lots of de…”
Amit Bendov Aug 24, 2018 ▶ 25:19 1126 How Gong Hit $1m+ in ARR in 1st Year
Aug 24, 2018 neutral
Assertion Not checkable as stated
Bendov: Gong operates with an estimated 18-month customer acquisition payback period
“So right now it's about, if I'm not mistaken, it's about a year and a half.”
Amit Bendov Aug 24, 2018 ▶ 18:57 1126 How Gong Hit $1m+ in ARR in 1st Year
Aug 24, 2018 neutral
Disclosure
Bendov: Most Gong customers have between 10 and hundreds of salespeople
“Most of our customers are sales organizations in, in companies with anywhere from 10 to hundreds of salespeople and they use Gong to understand what's going on in the conversation.”
Amit Bendov Aug 24, 2018 ▶ 3:30 1126 How Gong Hit $1m+ in ARR in 1st Year
Aug 24, 2018 negative
Assertion Not checkable as stated
Bendov: Gong never encounters legacy call-tracking tools in sales deals
“We, I'll beg to differ here because I don't even, I don't see these companies ever.”
Amit Bendov Aug 24, 2018 ▶ 23:17 1126 How Gong Hit $1m+ in ARR in 1st Year
Aug 24, 2018 positive
Assertion Not checkable as stated
Bendov: Gong scaled to close to 200 customers in year one
“We have close to 200 customers.”
Amit Bendov Aug 24, 2018 ▶ 7:57 1126 How Gong Hit $1m+ in ARR in 1st Year
Aug 24, 2018 positive
Assertion Not checkable as stated
Bendov: 20% to 30% of Gong's Business Comes From Referrals
“20 to 30% of our business comes from referrals.”
Amit Bendov Aug 24, 2018 ▶ 16:00 1126 How Gong Hit $1m+ in ARR in 1st Year
Aug 24, 2018
Disclosure
Bendov: Gong guaranteed early customer pricing forever
“The other things that we did, we said, okay, the price that you're getting today, we're gonna guarantee it forever”
Amit Bendov Aug 24, 2018 ▶ 14:45 1126 How Gong Hit $1m+ in ARR in 1st Year
Aug 24, 2018 bullish
Assertion Not checkable as stated
Bendov: Gong accounts expand 50% on average in six months
“On average, our accounts grow 50% within the first six months. There's a lot of expansion. So every dollar turns to a dollar and a half within two quarters from purchase. And then we've seen it like pretty consistently.”
Amit Bendov Aug 24, 2018 ▶ 17:05 1126 How Gong Hit $1m+ in ARR in 1st Year
Aug 24, 2018
Assertion Not checkable as stated
Bendov: 35 of Gong's 52 employees work in R&D and product
“So we have about, out of that, if I'm not mistaken, it's a, the day, the numbers change in a daily basis, but 35 are in R&D and product.”
Amit Bendov Aug 24, 2018 ▶ 7:36 1126 How Gong Hit $1m+ in ARR in 1st Year
Aug 24, 2018 positive
Assertion Not checkable as stated
Bendov: Gong has lost only two or three of 200 customers
“Our churn right now is close to zero from the 200 so far. I mean, it is early, but we've, you know, we lost like two or three customers and none of them because they weren't using the product. Either the company had changed or got acquired or something like th…”
Amit Bendov Aug 24, 2018 ▶ 17:34 1126 How Gong Hit $1m+ in ARR in 1st Year
Aug 24, 2018
Insight
Bendov: Squeezing renewal margins does not matter during hypergrowth
“When you grow so quickly, the early customers don't really matter because you're growing like 300 to 400% every year. So like these extra 10% that you're going to get from renewals at existing customers doesn't really move the needle. So you much better off fo…”
Amit Bendov Aug 24, 2018 ▶ 15:05 1126 How Gong Hit $1m+ in ARR in 1st Year
Aug 24, 2018 bullish
Assertion Not checkable as stated
Bendov: Gong operates at -53% net revenue churn
“In terms of sorry, revenue churn, we're at -53. Okay, so our accounts grow quickly. A lot of them like triple, double, because they start with sales, they move to customer service, they add more teams, they move to add other units in a company, so there's a lo…”
Amit Bendov Aug 24, 2018 ▶ 18:07 1126 How Gong Hit $1m+ in ARR in 1st Year
Aug 24, 2018 neutral
Disclosure
Bendov: Gong models for 20% logo churn and -10% net churn
“So when we plan, we actually plan for worse. So I've planned for losing 20% of the logos and being at maybe like 10% -10% churn. And then we try to beat that goal.”
Amit Bendov Aug 24, 2018 ▶ 20:34 1126 How Gong Hit $1m+ in ARR in 1st Year
Sep 1, 2020
Prediction Not checkable as stated
Bendov confirms Gong will not reach a $100M run rate in 2020
“No, no, no. We're not we're not going to get to a hundred million. We're not.”
Amit Bendov Sep 1, 2020 ▶ 16:00 Gong.io Adds $1.5B To Valuation, 1500 Customers, $45m+ in Revenue for Revenue Intelligence Sales Tool
Sep 1, 2020 positive
Insight
Bendov notes that sales rep attrition drives Gong's word-of-mouth growth
“Sales has like I think about like 20, 15 to 20% annual attrition. But actually that's worked well for us because if I use going at my current company and I'm leaving another odds are we'll get a new lead. So, so that like kind of a grant organic word of mobs i…”
Amit Bendov Sep 1, 2020 ▶ 6:06 Gong.io Adds $1.5B To Valuation, 1500 Customers, $45m+ in Revenue for Revenue Intelligence Sales Tool
Sep 1, 2020
Disclosure
Bendov: Gong contract values range from $15,000 to seven figures
“We have like on the lower end, it could be usually the minimum would be like 15 K for smaller customers. And seven figures on the upper tiers and like all the range in between”
Amit Bendov Sep 1, 2020 ▶ 13:42 Gong.io Adds $1.5B To Valuation, 1500 Customers, $45m+ in Revenue for Revenue Intelligence Sales Tool
Sep 1, 2020
Assertion Not checkable as stated
Bendov: Gong revenue run rate is well north of $45 million
“Yeah, well north of that.”
Amit Bendov Sep 1, 2020 ▶ 15:45 Gong.io Adds $1.5B To Valuation, 1500 Customers, $45m+ in Revenue for Revenue Intelligence Sales Tool
Sep 1, 2020
Disclosure
Bendov: Gong closed a $200M Series D, bringing total funding near $340M
“So the most recent round is the Sirius D two hundred million. Dollars led by Code Two, Thrive, Salesforce, and Index. This is the fourth round, so the total to date is like 300, almost three hundred and forty million dollars.”
Amit Bendov Sep 1, 2020 ▶ 3:25 Gong.io Adds $1.5B To Valuation, 1500 Customers, $45m+ in Revenue for Revenue Intelligence Sales Tool
Sep 1, 2020 positive
Assertion Not checkable as stated
Bendov: Gong's Net Dollar Retention consistently exceeds 150%
“So our NDR is almost always, like, even these days, moreover, like, a 150%.”
Amit Bendov Sep 1, 2020 ▶ 9:03 Gong.io Adds $1.5B To Valuation, 1500 Customers, $45m+ in Revenue for Revenue Intelligence Sales Tool
Sep 1, 2020 positive
Assertion Not checkable as stated
Bendov: Gong maintains a Net Promoter Score of 72
“Our Net Promoter Score is, is seven to two, right?”
Amit Bendov Sep 1, 2020 ▶ 8:14 Gong.io Adds $1.5B To Valuation, 1500 Customers, $45m+ in Revenue for Revenue Intelligence Sales Tool
Sep 1, 2020 positive
Assertion Not checkable as stated
Bendov: Gong has approximately 60,000 sales reps using its platform
“I think it's something to the tune of 60,000 for tens of thousands for sure.”
Amit Bendov Sep 1, 2020 ▶ 7:59 Gong.io Adds $1.5B To Valuation, 1500 Customers, $45m+ in Revenue for Revenue Intelligence Sales Tool
Sep 1, 2020
Assertion Not checkable as stated
Bendov reveals Gong's average annual contract value exceeds $30,000
“It's north of 30.”
Amit Bendov Sep 1, 2020 ▶ 13:31 Gong.io Adds $1.5B To Valuation, 1500 Customers, $45m+ in Revenue for Revenue Intelligence Sales Tool
Sep 1, 2020
Assertion Supported
Bendov: Gong reached a valuation close to $2.2 billion
“It was close to 2.2 billion dollars.”
Amit Bendov Sep 1, 2020 ▶ 3:59 Gong.io Adds $1.5B To Valuation, 1500 Customers, $45m+ in Revenue for Revenue Intelligence Sales Tool
Sep 1, 2020 positive
Assertion Not checkable as stated
Bendov: Gong's gross revenue churn among enterprise clients is near zero
“With the larger customers, it's like close to zero. I mean, occasionally you get some, but very little.”
Amit Bendov Sep 1, 2020 ▶ 10:29 Gong.io Adds $1.5B To Valuation, 1500 Customers, $45m+ in Revenue for Revenue Intelligence Sales Tool
Sep 1, 2020 positive
Assertion Not checkable as stated
Bendov says Gong operates on Series B funds, leaving Series C untouched
“So we haven't even touched, we're still running on a series B money, right? We raised the series B. We did not start touching The Serious Serious C money we raised in December, and we still have a pretty long way to go with a Serious B, right?”
Amit Bendov Sep 1, 2020 ▶ 11:37 Gong.io Adds $1.5B To Valuation, 1500 Customers, $45m+ in Revenue for Revenue Intelligence Sales Tool
Sep 1, 2020 positive
Assertion Not checkable as stated
Bendov: Gong approaches 1,500 customers primarily through direct sales
“We're approaching like 1500, maybe a little less and we're probably, it's mostly direct. So we haven't even started developing my channels and partners.”
Amit Bendov Sep 1, 2020 ▶ 5:44 Gong.io Adds $1.5B To Valuation, 1500 Customers, $45m+ in Revenue for Revenue Intelligence Sales Tool
Sep 1, 2020
Disclosure
Bendov: Gong CSMs Do Not Carry Sales Quotas to Avoid Pressuring Customers
“They're not sales people. They want to make sure the customer is making, like, the best possible service. They kind of do have, like, NPS and renewal rate which kind of proxy, but it's a very small portion of their compensation, so they don't try to pressure t…”
Amit Bendov Sep 1, 2020 ▶ 21:59 Gong.io Adds $1.5B To Valuation, 1500 Customers, $45m+ in Revenue for Revenue Intelligence Sales Tool
Sep 1, 2020 positive
Assertion Not checkable as stated
Bendov: Gong's LTV to CAC Ratio Exceeds 5:1
“So NDRs are, you know, L to D to CAC is like greater than five.”
Amit Bendov Sep 1, 2020 ▶ 18:19 Gong.io Adds $1.5B To Valuation, 1500 Customers, $45m+ in Revenue for Revenue Intelligence Sales Tool
Sep 1, 2020 positive
Assertion Not checkable as stated
Bendov reveals Gong's three-year customer cohorts expand to 250% initial value
“Those cohorts are around, like, 250 and north, right, percent of what they bought, and they're still, like, most of them are, like, are still with us, right?”
Amit Bendov Sep 1, 2020 ▶ 17:39 Gong.io Adds $1.5B To Valuation, 1500 Customers, $45m+ in Revenue for Revenue Intelligence Sales Tool
Sep 1, 2020
Insight
Bendov: High-Performing B2B Content Must Be Easy, Actionable, and Strictly Niche
“We have like three attributes for content. First, that it's like, it's easy to consume. So not like 13 pages, white papers that nobody wants it to read. Second, it's immediately applicable. It's not some kind of like, you know, bold ideas that you could apply …”
Amit Bendov Sep 1, 2020 ▶ 19:48 Gong.io Adds $1.5B To Valuation, 1500 Customers, $45m+ in Revenue for Revenue Intelligence Sales Tool
Sep 1, 2020
Assertion Supported
Bendov: Gong tripled its valuation from roughly $750M in six months
“It was close to 750, so three x.”
Amit Bendov Sep 1, 2020 ▶ 4:04 Gong.io Adds $1.5B To Valuation, 1500 Customers, $45m+ in Revenue for Revenue Intelligence Sales Tool
Jun 14, 2021
Disclosure
Holland Positions SalesScreen as a Counterbalance to AI Platforms Like Gong
“We're definitely a sales tool meaning, you know, that that's the people that we talk to, but I would say we're kind of like a counterbalance to a lot of the craze recently, you know, with the outreach and I think it was Gong announcing yet another, you know, G…”
Sindre Haaland Jun 14, 2021 ▶ 1:17 Gong Competitor: "We'll Raise at a $120m Valuation" after breaking $6m in ARR
Jul 5, 2021 positive
Assertion Not checkable as stated
Bendov: Gong's revenue run rate is well north of $45M
“Yeah, well north of that.”
Amit Bendov Jul 5, 2021 ▶ 15:01 Will Gong Break $10b Valuation by October?
Jul 5, 2021
Assertion Not checkable as stated
Bendov: Gong contract values range from $15k to seven figures
“We have, like, on the lower end, it could be, usually, the minimum would be, like, 15 K for store customers, and seven figures on the upper tiers, and, like, all the range in between.”
Amit Bendov Jul 5, 2021 ▶ 12:58 Will Gong Break $10b Valuation by October?
Jul 5, 2021
Assertion Not checkable as stated
Bendov: Gong ACV is currently north of $30,000
“It was, I remember that, that interview, but it was less than that right now. It's north of 30.”
Amit Bendov Jul 5, 2021 ▶ 12:43 Will Gong Break $10b Valuation by October?
Jul 5, 2021 positive
Assertion Not checkable as stated
Bendov: Gong has around 60,000 sales reps using its platform
“I think it's something to the tune of 60,000 for tens of thousands for sure.”
Amit Bendov Jul 5, 2021 ▶ 7:15 Will Gong Break $10b Valuation by October?
Jul 5, 2021 positive
Assertion Not checkable as stated
Bendov: Gong's Net Promoter Score is 72
“Our net promoter score is, is seven to two right now.”
Amit Bendov Jul 5, 2021 ▶ 7:30 Will Gong Break $10b Valuation by October?
Jul 5, 2021 positive
Assertion Not checkable as stated
Bendov: Gong's gross revenue churn for large customers is near zero
“With the larger customers, it's like close to zero. I mean, occasionally you get some, but fairly low.”
Amit Bendov Jul 5, 2021 ▶ 9:45 Will Gong Break $10b Valuation by October?
Jul 5, 2021
Disclosure
Bendov: Gong's Series D valuation reached close to $2.2 billion
“It was close to 2.2 billion dollars.”
Amit Bendov Jul 5, 2021 ▶ 3:15 Will Gong Break $10b Valuation by October?
Jul 5, 2021 neutral
Disclosure
Bendov: Gong measures CSMs mostly on NPS, not sales quotas
“The CSMs are measured mostly on NPS. They're not sales people. They want to make sure the customer is getting the best possible service. They kind of do have like NPS and renewal rate, which is kind of proxy, but it's a very small A portion of their compensati…”
Amit Bendov Jul 5, 2021 ▶ 21:12 Will Gong Break $10b Valuation by October?
Jul 5, 2021 neutral
Prediction Not checkable as stated
Bendov: Gong will not reach $100M run rate this year
“No, no, no. We're not we're not going to get to a hundred million pieces here, but we're not far from that.”
Amit Bendov Jul 5, 2021 ▶ 15:16 Will Gong Break $10b Valuation by October?
Jul 5, 2021 positive
Assertion Not checkable as stated
Bendov: Gong's net dollar retention is over 150%
“So our NDR is almost always, like, even these days, moreover, like, a 150%.”
Amit Bendov Jul 5, 2021 ▶ 8:19 Will Gong Break $10b Valuation by October?
Jul 5, 2021
Disclosure
Bendov: Gong raised $200M Series D, reaching nearly $340M total funding
“The most recent round is the Series D two hundred million. Dollars led by Code Two, Thrive, Salesforce, and Index. This is the fourth round, so the total to date is like 300, almost three hundred and forty million dollars. The last round was led by Sequoia in …”
Amit Bendov Jul 5, 2021 ▶ 2:41 Will Gong Break $10b Valuation by October?
Jul 5, 2021 positive
Assertion Not checkable as stated
Bendov: Gong's LTV to CAC ratio exceeds 5x
“So NDRs are, you know, LTV to CAC is like greater than five.”
Amit Bendov Jul 5, 2021 ▶ 17:36 Will Gong Break $10b Valuation by October?
Jul 5, 2021 positive
Insight
Bendov: Sales rep turnover drives Gong's organic lead generation
“So people got sales has like I think about like 20, 15 to 20% annual attrition. But actually that's worked well for us because if I use going at my current company and I'm leaving another odds are we'll get a new lead.”
Amit Bendov Jul 5, 2021 ▶ 5:22 Will Gong Break $10b Valuation by October?
Jul 5, 2021
Disclosure
Bendov: Gong headcount has reached approximately 330 people
“Close to 300, I think three 30. It changes by the day. So yeah, about 330 people.”
Amit Bendov Jul 5, 2021 ▶ 10:35 Will Gong Break $10b Valuation by October?
Jul 5, 2021 positive
Assertion Not checkable as stated
Bendov: Gong is approaching 1,500 customers primarily through direct sales
“We're approaching like 1500, maybe a little less and we're probably, it's mostly direct. So we haven't even started developing my channels and partners.”
Amit Bendov Jul 5, 2021 ▶ 5:00 Will Gong Break $10b Valuation by October?
Jul 5, 2021 bullish
Disclosure
Gong is still operating entirely on its Series B funding.
“So we haven't even touched, we're still running on a series B money, right? We raised the series B. We did not start touching The Serious Serious C money we raised in December, and we still have a pretty long way to go with a Serious B, right?”
Amit Bendov Jul 5, 2021 ▶ 10:53 Will Gong Break $10b Valuation by October?
Aug 10, 2021 bullish
Prediction Not checkable as stated
Latka predicts ZoomInfo, Gong, or SalesLoft will acquire RevGenius by 2023
“Guys, mark my words. RevGenius will sell for a very large number in the next two years. Jared doesn't know it yet, but like Henry at ZoomInfo and like Amit from Gonger, I'm going to compete like hell to take, or Kyle from SalesOff.”
Nathan Latka Aug 10, 2021 ▶ 18:14 How He Built The Largest Rev Ops Community In The World (and $500k of revenue!)
Sep 14, 2021 negative
Disclosure
Vandenberg: Chili Piper Will Not Sell to ZoomInfo or Gong
“That is not in our future. No, Alina and I have built this company. We having a blast.”
Nicolas Vandenberghe Sep 14, 2021 ▶ 20:51 ChiliPiper Meeting Tool Hits $12m Run Rate, Approaching Unicorn Status
Sep 21, 2021 positive
Assertion Supported
Stage 2 Capital LPs include 250 top go-to-market executives
“What's unique about the stage two capital is that all the people have all the LPs are literally 250 of the sort of biggest go to market leaders in the world. You have literally invested and created this kind of fund that we have access now to people like the p…”
Paul Fifield Sep 21, 2021 ▶ 6:30 SalesImpact In Talks to Raise $6m at $80m Valuation as they pass $4.5m Run Rate For Their Sales Coaching Platform
Sep 21, 2021
Assertion Not checkable as stated
SalesImpact serves over 200 customers including Gong and Outreach
“We're over 200 customers. We've landed companies like Gong Outreach, Klaviyo, G.T. Is just about to sign”
Paul Fifield Sep 21, 2021 ▶ 2:42 SalesImpact In Talks to Raise $6m at $80m Valuation as they pass $4.5m Run Rate For Their Sales Coaching Platform
Mar 20, 2022 positive
Assertion Supported
Porter: Salesloft Acquired Conversation Intelligence Startup Note Ninja
“We did acquire a company last year. We bought a company called note ninja that played in the conversation intelligence space. So competitors of that product would be like chorus and gong. You might be aware of them. So we rolled that into sales loft and that's…”
Kyle Porter Mar 20, 2022 ▶ 15:46 Look Back at $100m Salesloft Before Vista Deal
Mar 22, 2022 positive
Disclosure
Bendov: Gong CSMs are measured on NPS rather than sales quotas
“The CSMs are measured mostly on NPS. They're not sales people. They want to make sure the customer has the best possible service. They kind of do have like NPS and renewal rate, which is kind of proxy, but it's a very small A portion of their compensation, so …”
Amit Bendov Mar 22, 2022 ▶ 21:50 Look Back: Is Gong looking to IPO?
Mar 22, 2022 positive
Assertion Not checkable as stated
Bendov: Gong maintains over 150% net dollar retention
“So our NDR is almost always, like, even these days, moreover, like, a 150%.”
Amit Bendov Mar 22, 2022 ▶ 8:04 Look Back: Is Gong looking to IPO?
Mar 22, 2022
Disclosure
Bendov: Gong raised a $200M Series D for $340M total funding
“The most recent round is the Sirius D two hundred million. Dollars led by Code Two, Drive, Salesforce, and Index. This is the fourth round, so the total to date is like 300, almost three hundred and forty million dollars.”
Amit Bendov Mar 22, 2022 ▶ 2:26 Look Back: Is Gong looking to IPO?
Mar 22, 2022 bullish
Assertion Not checkable as stated
Bendov: Gong's LTV to CAC ratio exceeds 5x
“LTV to CAC is like greater than five.”
Amit Bendov Mar 22, 2022 ▶ 18:13 Look Back: Is Gong looking to IPO?
Mar 22, 2022 bullish
Assertion Not checkable as stated
Bendov: Gong's average contract value is north of $30,000
“Right now it's north of 30.”
Amit Bendov Mar 22, 2022 ▶ 13:25 Look Back: Is Gong looking to IPO?
Mar 22, 2022 positive
Assertion Contradicted
Bendov: Gong is approaching nearly 1,500 customers
“We're approaching like 1500, maybe a little less and we're probably, it's mostly direct.”
Amit Bendov Mar 22, 2022 ▶ 4:44 Look Back: Is Gong looking to IPO?
Mar 22, 2022 positive
Insight
Bendov: Content must be easily consumed, immediately applicable, and strictly relevant
“We have like three attributes for content. First, that it's like, it's easy to consume. So not like 13 pages, white papers that nobody wants it to read. Second, it's immediately applicable. It's not some kind of like, you know, bold ideas that you could apply …”
Amit Bendov Mar 22, 2022 ▶ 19:42 Look Back: Is Gong looking to IPO?
Mar 22, 2022 negative
Prediction Didn’t hold up
Bendov: Gong will not reach $100M run rate this year
“No, no, no. We're not we're not going to get to a hundred million. We're not.”
Amit Bendov Mar 22, 2022 ▶ 15:55 Look Back: Is Gong looking to IPO?
Mar 22, 2022 positive
Assertion Not checkable as stated
Bendov: Gong has a Net Promoter Score of 72
“Our net promoter score is, is seven to two right now.”
Amit Bendov Mar 22, 2022 ▶ 7:15 Look Back: Is Gong looking to IPO?
Mar 22, 2022 bullish
Disclosure
Bendov: Gong's Series D valuation reached close to $2.2B
“It was close to 2.2 billion dollars.”
Amit Bendov Mar 22, 2022 ▶ 3:00 Look Back: Is Gong looking to IPO?
Mar 22, 2022 positive
Assertion Not checkable as stated
Bendov: Gong's gross revenue churn on enterprise accounts is near zero
“With the larger customers, it's like close to zero. I mean, occasionally you get some, but there are no, these are like very stable and it's a little higher on the SMB, like the small businesses.”
Amit Bendov Mar 22, 2022 ▶ 10:24 Look Back: Is Gong looking to IPO?
Mar 22, 2022
Disclosure
Bendov: Gong's valuation was around $750M in December
“It was close to 750.”
Amit Bendov Mar 22, 2022 ▶ 3:05 Look Back: Is Gong looking to IPO?
Mar 22, 2022 bullish
Assertion Not checkable as stated
Bendov: Gong's 3-year customer cohorts expand to 250%+
“So our history, I mean, we started selling, like, in the year of about, like, three years of history. Those cohorts are around, like, 250 and north, right? Percent of what they bought, and they're still, like, most of them are, like, are still with us, right?”
Amit Bendov Mar 22, 2022 ▶ 17:24 Look Back: Is Gong looking to IPO?
Mar 22, 2022
Assertion Not checkable as stated
Bendov: Gong has roughly 60,000 active sales reps on its platform
“I think it's something to the tune of 60,000 for tens of thousands for sure.”
Amit Bendov Mar 22, 2022 ▶ 7:00 Look Back: Is Gong looking to IPO?
Mar 22, 2022 bullish
Assertion Not checkable as stated
Bendov: Gong's upper-tier customer contracts reach seven figures
“And seven figures on the upper tiers and like all the range in between, like, and again, this is like happening pretty fast.”
Amit Bendov Mar 22, 2022 ▶ 13:46 Look Back: Is Gong looking to IPO?
Mar 22, 2022 positive
Assertion Not checkable as stated
Bendov: Gong is still running entirely on its Series B capital
“So we haven't even touched, we're still running on a series B money, right? We raised the series B. We did not start touching The Serious Serious C money we raised in December, and we still have a pretty long way to go with a Serious B, right?”
Amit Bendov Mar 22, 2022 ▶ 11:31 Look Back: Is Gong looking to IPO?
Mar 29, 2022 positive
Disclosure
Rafner: I would sell Abstract to Gong today for $25M cash
“I mean, just come bring me on board for three years and let me run the product.”
Greg Rafner Mar 29, 2022 ▶ 21:19 $25m Gong Acquisition? New Founder Hits $2m Run Rate in 5 Months
Mar 29, 2022 negative
Opinion
Rafner: Gong is an airplane black box that won't save sales
“Gong is like finding the black box after the plane's already gone down, tells you what went wrong, tells you what happened, but it does nothing to actually kind of stop losing the opportunity.”
Greg Rafner Mar 29, 2022 ▶ 1:58 $25m Gong Acquisition? New Founder Hits $2m Run Rate in 5 Months
Mar 29, 2022 positive
Assertion Not publicly verifiable
Rafner: Abstract outranks Gong on Google for 'conversational intelligence software'
“I think, yeah, like conversational intelligence software, we just passed gong in our rankings for that keyword.”
Greg Rafner Mar 29, 2022 ▶ 12:59 $25m Gong Acquisition? New Founder Hits $2m Run Rate in 5 Months
Mar 29, 2022 neutral
Assertion Not checkable as stated
Rafner: Act-On was one of Gong's earliest handful of users
“We started using Gong actually back when they had like a football player on their website, on their homepage. I think where we were one of the first handful of users of Gong like seven years ago.”
Greg Rafner Mar 29, 2022 ▶ 1:28 $25m Gong Acquisition? New Founder Hits $2m Run Rate in 5 Months
Jan 10, 2023 neutral
Assertion Supported
RevComm CEO: Gong costs $100 to $140 per user monthly
“And gone, cost you know, hundred to 140 bucks, so.”
Takeshi "TK" Aida Jan 10, 2023 ▶ 5:05 Gong of Japan Hits $20m Revenue with just $15m Raised! Prime Takeover Target?
Jan 24, 2023
Insight
Sales Tech Stacks Are Useless Without Accurate Contact Data
“What we're saying is the most essential tool is overlooked, is, is the, if I don't have the right contact information to reach my likely buyer, None of the tech stack matters.”
Ken Hoppe Jan 24, 2023 ▶ 2:44 Genius Bootstrapper Hits $1.7m ARR, Raised $300k But Kept 100% Equity, How?!
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