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Hub

12 statements across 1 episodes · 4 bullish · 0 bearish · 1 people on the record · first statement Oct 30, 2019 by Ali Magyar · said 10 times in 2 episodes since 2019 · across every show →

Mentions by year

brought up most by Nathan Latka (7), Aaron Vidas (2), Ali Magyar (1)

tap a year for its mentions
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01120192020202120222023episodes it came up in
0040.58120192020202120222023episodesmentions per episode
2023 2 mentions in 1 episode
2019 8 mentions in 1 episode

every mention, scene by scene, with the transcript →

Everything said about Hub, oldest first

Oct 30, 2019
Assertion Not checkable as stated
Magyar: Hub has about 125 total customers
“We're about a 125 customers today.”
Ali Magyar Oct 30, 2019 ▶ 7:19 1558 Why This Event Management CEO Believes 25% Of Her $2.5m In Revenue Should Be Professional Services
Oct 30, 2019
Insight
Magyar: Events Need 50+ Speakers or Sponsors to Justify Automation Software
“Hub is a good fit for anyone that has 50 or more speakers, sessions, sponsors. So if you have less than that, you really can handle the automation yourself. It's not that complex.”
Ali Magyar Oct 30, 2019 ▶ 3:30 1558 Why This Event Management CEO Believes 25% Of Her $2.5m In Revenue Should Be Professional Services
Oct 30, 2019
Disclosure
Magyar: Bootstrapped Hub using $3M of agency cashflow
“So I did use agency cash to be able to fund that three million dollars, but there wasn't any expenses for the agency that I would have been receiving professional services for as a part of that three million.”
Ali Magyar Oct 30, 2019 ▶ 6:56 1558 Why This Event Management CEO Believes 25% Of Her $2.5m In Revenue Should Be Professional Services
Oct 30, 2019
Assertion Not checkable as stated
Magyar: Hub's ACV Is Roughly $20,000
“Our ACV is roughly around 20,000 right now.”
Ali Magyar Oct 30, 2019 ▶ 3:03 1558 Why This Event Management CEO Believes 25% Of Her $2.5m In Revenue Should Be Professional Services
Oct 30, 2019
Assertion Not checkable as stated
Magyar: About 90% of Hub's customers are on pure ARR
“The majority of them are on more of our ARR plan versus the one-time event. So about 90% of our customers are on pure ARR.”
Ali Magyar Oct 30, 2019 ▶ 7:28 1558 Why This Event Management CEO Believes 25% Of Her $2.5m In Revenue Should Be Professional Services
Oct 30, 2019 bullish
Assertion Not checkable as stated
Hub generated $650,000 across 21 paying customers in its first year
“So in 2015, we did our proof of concept, and so we went to market, and in the first year, we ended with 21 paying customers, about 650,000 in revenue, and I realized there definitely was market traction and market adoption.”
Ali Magyar Oct 30, 2019 ▶ 5:43 1558 Why This Event Management CEO Believes 25% Of Her $2.5m In Revenue Should Be Professional Services
Oct 30, 2019
Assertion Supported
Hub raised $13M across Series A, Series B, and founder capital
“So no, we've done our series A and our series B plus the original investment that I did. So total would be thirteen million between all of those.”
Ali Magyar Oct 30, 2019 ▶ 8:29 1558 Why This Event Management CEO Believes 25% Of Her $2.5m In Revenue Should Be Professional Services
Oct 30, 2019 neutral
Disclosure
Ali Magyar: Hub Sees 80% Gross Retention on SaaS Platform
“On the SaaS platform, we're about 80% retention. So about 20% churn.”
Ali Magyar Oct 30, 2019 ▶ 10:24 1558 Why This Event Management CEO Believes 25% Of Her $2.5m In Revenue Should Be Professional Services
Oct 30, 2019 bullish
Assertion Not checkable as stated
Hub has doubled revenue every year since launching in 2015
“We've doubled every year in revenue that since we've been in market in 2015.”
Ali Magyar Oct 30, 2019 ▶ 11:55 1558 Why This Event Management CEO Believes 25% Of Her $2.5m In Revenue Should Be Professional Services
Oct 30, 2019 positive
Disclosure
Hub acquires SaaS customers for $5,000 to $6,000 in CAC
“Our customer acquisition costs are they vary between five and six grand this year based on the different campaigns that we're doing, but we have a pretty low cap.”
Ali Magyar Oct 30, 2019 ▶ 12:46 1558 Why This Event Management CEO Believes 25% Of Her $2.5m In Revenue Should Be Professional Services
Oct 30, 2019 positive
Disclosure
Ali Magyar: Hub Reaches Approximately 110% Net Revenue Retention
“Yeah, net revenue retention, we're about a 110% right now.”
Ali Magyar Oct 30, 2019 ▶ 10:56 1558 Why This Event Management CEO Believes 25% Of Her $2.5m In Revenue Should Be Professional Services
Oct 30, 2019
Assertion Not checkable as stated
Magyar: 25% of Hub's Business Is Services and 75% Is Pure SaaS
“25% of our business is in In professional services, and the 75% is in pure SaaS, so.”
Ali Magyar Oct 30, 2019 ▶ 4:29 1558 Why This Event Management CEO Believes 25% Of Her $2.5m In Revenue Should Be Professional Services
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