Jeff Epstein

14 statements across 3 episodes · 5 bullish · 1 bearish · 1 people on the record · first statement May 20, 2016 by Jeff Epstein · said 7 times in 3 episodes since 2016 · across every show →

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

Mentions by year

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Everything said about Jeff Epstein, oldest first

May 20, 2016 positive
Disclosure
Epstein: Ambassador grew headcount from 11 to 40 in 2015
“We started 2015 with just about 11 or 12 people. So it was a big year. 2015. We raised a little bit of money and went from basically 11 to 40.”
Jeff Epstein May 20, 2016 ▶ 1:45 EP 300: This Law Student Quit to Build Referral Program Business Doing $2MM+ Per Year
May 20, 2016 positive
Assertion Not checkable as stated
Epstein: Ambassador generated about $3.5 million in revenue in 2015
“So it was about three and a half million dollars.”
Jeff Epstein May 20, 2016 ▶ 7:26 EP 300: This Law Student Quit to Build Referral Program Business Doing $2MM+ Per Year
May 20, 2016 positive
Assertion Not checkable as stated
Epstein: Ambassador reached an annualized run rate around $3.8M–$4M
“Yeah, so run rate was about probably just under 3.84 million roughly.”
Jeff Epstein May 20, 2016 ▶ 7:50 EP 300: This Law Student Quit to Build Referral Program Business Doing $2MM+ Per Year
May 20, 2016
Disclosure
Epstein: Ambassador raised under $2.5M Series A, totalling $2.9M
“Just under two and a half million. ... We raised about 400 K a few years back, so it was really the second, it was, I guess, formally an A, but it was a smaller A, at least what we're seeing, you know, especially last year.”
Jeff Epstein May 20, 2016 ▶ 2:03 EP 300: This Law Student Quit to Build Referral Program Business Doing $2MM+ Per Year
Sep 17, 2018 neutral
Assertion Not checkable as stated
Epstein: Ambassador's average customer pays about $2,000 per month
“Average customers paying us about 2000 per month.”
Jeff Epstein Sep 17, 2018 ▶ 2:48 1150 Detroit Based Referral Program software passes $600k in MRR
Sep 17, 2018 positive
Assertion Not checkable as stated
Epstein: Ambassador's Customer Lifetime Value Exceeds $50,000
“I mean, we're north of 50,000 now in terms of lifetime value, which is pretty great.”
Jeff Epstein Sep 17, 2018 ▶ 13:31 1150 Detroit Based Referral Program software passes $600k in MRR
Sep 17, 2018
Disclosure
Ambassador includes customer success and engineering costs in its CAC calculation
“We basically tried to do like the most fully loaded version, which was a portion of, it was all of sales, a portion of success, and even a portion of engineering. So it was like a pretty, and then obviously like marketing too.”
Jeff Epstein Sep 17, 2018 ▶ 10:14 1150 Detroit Based Referral Program software passes $600k in MRR
Sep 17, 2018
Disclosure
Epstein: Ambassador's customer acquisition cost is approximately $7,000
“I think we, it's funny. We just did one. I think it was seven, seven, basically seven.”
Jeff Epstein Sep 17, 2018 ▶ 9:43 1150 Detroit Based Referral Program software passes $600k in MRR
Sep 17, 2018 neutral
Assertion Not checkable as stated
Epstein: Ambassador Experiences Low Single-Digit Monthly Gross Revenue Churn
“We're in the low, you know, low single digits per month.”
Jeff Epstein Sep 17, 2018 ▶ 12:16 1150 Detroit Based Referral Program software passes $600k in MRR
Apr 29, 2021 positive
Assertion Not checkable as stated
Ambassador raised prices quarterly for five years without losing any customers
“We raised our prices every quarter for almost five years, and we didn't lose customers.”
Jeff Epstein Apr 29, 2021 ▶ 15:15 What Do You Do After You Exit Your First SaaS For More than $9m?
Apr 29, 2021 neutral
Disclosure
Jeff Epstein's Onboard.io raised $1.25 million pre-product and pre-team
“We only raised 1.25 million. So in this day and age, not a ton, but the beauty was it was old investors who literally gave us money pre-product, pre-team.”
Jeff Epstein Apr 29, 2021 ▶ 11:18 What Do You Do After You Exit Your First SaaS For More than $9m?
Apr 29, 2021
Disclosure
Jeff Epstein owned nearly 100% of Ambassador in its early years
“The first few years of ambassador was all me. And I, at points I owned almost a hundred percent over time, more, there were investors and then team received, you know, a bigger chunk of the equity”
Jeff Epstein Apr 29, 2021 ▶ 8:56 What Do You Do After You Exit Your First SaaS For More than $9m?
Apr 29, 2021
Disclosure
Jeff Epstein gained 40 pounds and slept poorly running Ambassador
“Over the course of 10 years, I mean, I gained probably 40 pounds. You know, I, you know, I wasn't eating healthy, right? Like I was traveling a lot. I wasn't sleep. I probably was sleeping like three or four hours a night. A long period of many years in a row.”
Jeff Epstein Apr 29, 2021 ▶ 7:39 What Do You Do After You Exit Your First SaaS For More than $9m?
Apr 29, 2021 negative
Insight
Solo founders carry the operational burden despite hiring, says Jeff Epstein
“When you're the solo founder, essentially there's just so much more that you're just carrying the weight of, and it has to be that way, right? Like you can't you can't have it any other way. Even if you hire someone to do the work did the equity splits and thi…”
Jeff Epstein Apr 29, 2021 ▶ 9:22 What Do You Do After You Exit Your First SaaS For More than $9m?
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