Ingo

13 statements across 1 episodes · 4 bullish · 1 bearish · 1 people on the record · first statement Jun 16, 2021 by Michael Barnett · said 10 times in 1 episodes since 2021 · across every show →

Mentions by year

brought up most by Nathan Latka (7), Michael Barnett (3)

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Everything said about Ingo, oldest first

Jun 16, 2021
Assertion Not checkable as stated
One-fifth of the world's biggest events used Ingo in 2019
“So in 2019, one fifth of the biggest events in the world used us for to do that.”
Michael Barnett Jun 16, 2021 ▶ 4:06 Ingo Breaks $100k/mo Helping Major Media Brands Get More Conference Attendees
Jun 16, 2021 neutral
Disclosure
Ingo operates with an 11-person team split between product and sales
“There's 11 of us now about half product, half sales and marketing.”
Michael Barnett Jun 16, 2021 ▶ 5:45 Ingo Breaks $100k/mo Helping Major Media Brands Get More Conference Attendees
Jun 16, 2021
Assertion Not checkable as stated
Ingo's average customer pays $20,000 per year
“No, the average customer is paying and it's per member per year. Sorry. But the average customer is at 20,000 dollars a year and going up.”
Michael Barnett Jun 16, 2021 ▶ 3:28 Ingo Breaks $100k/mo Helping Major Media Brands Get More Conference Attendees
Jun 16, 2021
Assertion Not checkable as stated
Ingo raised $2M in 2015 and achieved profitability
“We raised a cap in, we raised about two million bucks in 2015 and then became profitable and now are quite profitable.”
Michael Barnett Jun 16, 2021 ▶ 5:14 Ingo Breaks $100k/mo Helping Major Media Brands Get More Conference Attendees
Jun 16, 2021 neutral
Disclosure
Ingo charges enterprise customers $1 per member annually
“They're paying a dollar a member. So per year. So, you know, imagine subscriber a year, basically in, you know, in the podcast world would be what they're paying.”
Michael Barnett Jun 16, 2021 ▶ 2:48 Ingo Breaks $100k/mo Helping Major Media Brands Get More Conference Attendees
Jun 16, 2021
Disclosure
Ingo has received inbound acquisition inquiries and funding interest
“Well, we've had a lot of reach out over the last few months. And so we've been growing quickly and kind of holding off those conversations and also talking to funding sources as well, but we'll see what happens.”
Michael Barnett Jun 16, 2021 ▶ 10:32 Ingo Breaks $100k/mo Helping Major Media Brands Get More Conference Attendees
Jun 16, 2021 bullish
Prediction Not checkable as stated
A $5M raise would scale Ingo to 2,000 customers and $25M ARR
“Five million gets us an additional give or take 2000 customers that gets us to the place where we're generating about twenty-five million a month in twenty-five million a year in revenue.”
Michael Barnett Jun 16, 2021 ▶ 11:56 Ingo Breaks $100k/mo Helping Major Media Brands Get More Conference Attendees
Jun 16, 2021 bullish
Prediction Not checkable as stated
Ingo projects reaching nearly $2M in revenue this year
“Yeah, we'll get, we'll, we'll get there. We'll get to somewhere near two million.”
Michael Barnett Jun 16, 2021 ▶ 12:27 Ingo Breaks $100k/mo Helping Major Media Brands Get More Conference Attendees
Jun 16, 2021
Assertion Not checkable as stated
Ingo closes about 40% of its sales meetings
“40% of the meetings we take close.”
Michael Barnett Jun 16, 2021 ▶ 8:28 Ingo Breaks $100k/mo Helping Major Media Brands Get More Conference Attendees
Jun 16, 2021 positive
Assertion Not checkable as stated
Ingo serves about 80 communities, adding one weekly
“There's about 80, we call them communities. We got about 80 communities in-house and then we keep adding about one a week now, one every yeah, one a week”
Michael Barnett Jun 16, 2021 ▶ 7:50 Ingo Breaks $100k/mo Helping Major Media Brands Get More Conference Attendees
Jun 16, 2021 negative
Assertion Not checkable as stated
Ingo's revenue dropped to zero during COVID shutdowns
“Revenue went to zero. Events went to zero. Everything shut down which was a horrible experience, terrifying.”
Michael Barnett Jun 16, 2021 ▶ 1:50 Ingo Breaks $100k/mo Helping Major Media Brands Get More Conference Attendees
Jun 16, 2021 positive
Assertion Not checkable as stated
Ingo turned 200 email invites into 4,000 event attendees
“We launched an event. On virtual events in April, like third, third of last year. And we went, we emailed out, got 200 people. Those 200 people used Ingo and got us another 4000 people to go to our events.”
Michael Barnett Jun 16, 2021 ▶ 13:15 Ingo Breaks $100k/mo Helping Major Media Brands Get More Conference Attendees
Jun 16, 2021
Assertion Not checkable as stated
Ingo reached five million global attendees through 2019
“Did that, grew that all the way through 2019, five million attendees globally.”
Michael Barnett Jun 16, 2021 ▶ 4:59 Ingo Breaks $100k/mo Helping Major Media Brands Get More Conference Attendees
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