Jitterbit

17 statements across 2 episodes · 12 bullish · 1 bearish · 2 people on the record · first statement Feb 8, 2018 by George Gallegos · said 22 times in 2 episodes since 2018 · across every show →

Mentions by year

brought up most by Nathan Latka (21), George Gallegos (1)

tap a year for its mentions
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2018 22 mentions in 2 episodes 11 per episode

every mention, scene by scene, with the transcript →

Everything said about Jitterbit, oldest first

Feb 8, 2018 positive
Disclosure
Jitterbit uses a 10% free freemium model for Salesforce lead gen
“We have about 50,000 customers in the Salesforce ecosystem. And the goal there was lead generation, get our brand name out, let people get to know us, give them 10% of the value for free. Move big amounts of data in and out of Salesforce into flat files, datab…”
George Gallegos Feb 8, 2018 ▶ 7:46 929 MuleSoft 2.0? Passes $40m in ARR Integration Platform as a Service
Feb 8, 2018 bullish
Disclosure
Gallegos: Jitterbit would reject a $500M buyout to pursue an IPO
“No, we, at this point, we've got a big a big growth opportunity and an opportunity to achieve an IPO. So that's the path our investors like to see us on.”
George Gallegos Feb 8, 2018 ▶ 17:35 929 MuleSoft 2.0? Passes $40m in ARR Integration Platform as a Service
Feb 8, 2018 bullish
Assertion Not checkable as stated
Jitterbit has over 1,000 paying customers and 50,000 users
“We, they probably had 50 customers when I joined. We have over a thousand paying customers, but 50,000 users on our platform.”
George Gallegos Feb 8, 2018 ▶ 7:32 929 MuleSoft 2.0? Passes $40m in ARR Integration Platform as a Service
Feb 8, 2018 bullish
Prediction Not checkable as stated
Gallegos: Jitterbit aims for IPO and positive cashflow in two years
“We've got two years of cash in the bank and our plan is to be cashflow positive and in a position to do an IPO at that time.”
George Gallegos Feb 8, 2018 ▶ 5:29 929 MuleSoft 2.0? Passes $40m in ARR Integration Platform as a Service
Feb 8, 2018 neutral
Disclosure
Jitterbit has raised $25M in total capital
“Twenty five million.”
George Gallegos Feb 8, 2018 ▶ 5:07 929 MuleSoft 2.0? Passes $40m in ARR Integration Platform as a Service
Feb 8, 2018 neutral
Disclosure
Jitterbit employs nearly 200 people globally
“We're just shy of 200 folks scattered around the world, headquartered here in Alameda.”
George Gallegos Feb 8, 2018 ▶ 5:52 929 MuleSoft 2.0? Passes $40m in ARR Integration Platform as a Service
Feb 8, 2018
Disclosure
Jitterbit maintains a 1:1 ratio of SDRs to account executives
“It's about a one-to-one ratio.”
George Gallegos Feb 8, 2018 ▶ 10:59 929 MuleSoft 2.0? Passes $40m in ARR Integration Platform as a Service
Feb 8, 2018 positive
Assertion Not checkable as stated
Growing Jitterbit clients typically double their spend in year two
“You know, some customers have quadrupled their spend, but I'd say on average, a doubling of spend is, is fairly typical with some of the clients that have the ability to grow.”
George Gallegos Feb 8, 2018 ▶ 14:17 929 MuleSoft 2.0? Passes $40m in ARR Integration Platform as a Service
Feb 8, 2018 positive
Assertion Not checkable as stated
Jitterbit experiences approximately 10% annual customer churn
“About, on an annual basis, about 10% churn.”
George Gallegos Feb 8, 2018 ▶ 11:54 929 MuleSoft 2.0? Passes $40m in ARR Integration Platform as a Service
Feb 8, 2018 bullish
Assertion Not checkable as stated
Jitterbit's annual recurring revenue is between $40M and $50M
“That's probably still less. Yeah. 40 and 50.”
George Gallegos Feb 8, 2018 ▶ 9:27 929 MuleSoft 2.0? Passes $40m in ARR Integration Platform as a Service
Feb 8, 2018 bullish
Assertion Not checkable as stated
Jitterbit revenue grows 70% to 80% year-over-year
“I mean, the market is growing at a very high pace, 50, 60%, depending on who you ask. And we're growing at 70 to 80%.”
George Gallegos Feb 8, 2018 ▶ 5:17 929 MuleSoft 2.0? Passes $40m in ARR Integration Platform as a Service
Feb 8, 2018 positive
Opinion
Gallegos: Jitterbit's architecture is more cloud-native than MuleSoft's
“We're very similar to what MuleSoft does but we're more more, more cloudy, if you will, than say MuleSoft.”
George Gallegos Feb 8, 2018 ▶ 3:09 929 MuleSoft 2.0? Passes $40m in ARR Integration Platform as a Service
Feb 8, 2018 positive
Disclosure
Jitterbit's strategic investors include Salesforce, Autodesk, and KKR
“Salesforce.com was the first strategic investor, followed by Autodesk, and then last year I brought in KKR, the growth side, the technology growth fund of KKR.”
George Gallegos Feb 8, 2018 ▶ 4:46 929 MuleSoft 2.0? Passes $40m in ARR Integration Platform as a Service
Feb 8, 2018 positive
Assertion Not checkable as stated
Jitterbit achieves CAC payback in under two years
“We're, yeah, we're seeing a return in, in, you know, under two years, which is good.”
George Gallegos Feb 8, 2018 ▶ 12:46 929 MuleSoft 2.0? Passes $40m in ARR Integration Platform as a Service
Feb 8, 2018 positive
Assertion Not checkable as stated
Jitterbit's net retention rate is around 105% and improving
“And I would say our net retention is somewhere around 105% and improving. We've been improving that over the last year.”
George Gallegos Feb 8, 2018 ▶ 12:02 929 MuleSoft 2.0? Passes $40m in ARR Integration Platform as a Service
Feb 8, 2018
Disclosure
Jitterbit's average customer pays approximately $50K annually
“I would say the average is in the 50,000 per year range, which is why we're not similar to a Zapier, but similar to a Mule.”
George Gallegos Feb 8, 2018 ▶ 3:35 929 MuleSoft 2.0? Passes $40m in ARR Integration Platform as a Service
Jul 23, 2018 negative
Opinion
Reale: iPaaS tools like Zapier struggle with human approval workflows
“Those kinds of companies won't do very well with the approval and rejection part of a workflow.”
Brian Reale Jul 23, 2018 ▶ 3:18 1094 How he bought 15 people off cap table, hit $9m in ARR in workflow space
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