Josh Frazier

12 statements across 1 episodes · 3 bullish · 0 bearish · 1 people on the record · first statement Aug 31, 2021 by Josh Fraser · said 7 times in 1 episodes since 2021 · across every show →

Mentions by year

brought up most by Nathan Latka (7)

tap a year for its mentions
0041812021episodesmentions
0112021episodes it came up in
0040.5812021episodesmentions per episode
2021 7 mentions in 1 episode

every mention, scene by scene, with the transcript →

Everything said about Josh Frazier, oldest first

Aug 31, 2021
Assertion Not checkable as stated
Estated ended prior year at $900K ARR
“We ended the year at 900 K in ARR.”
Josh Fraser Aug 31, 2021 ▶ 4:10 Estated Grows 100%, Breaks $1.7m ARR for Property Data Platform
Aug 31, 2021 positive
Disclosure
Estated maintains complete internal salary transparency across the company
“And we do have a lot of transparency within our company. People do know how much everyone else is making.”
Josh Fraser Aug 31, 2021 ▶ 9:20 Estated Grows 100%, Breaks $1.7m ARR for Property Data Platform
Aug 31, 2021
Assertion Not checkable as stated
Estated saw a $72 cost per lead and 2% conversion in June
“So 29 total, 415 leads, average cost per lead, 72 bucks conversion rate on Turning that into customers. Two percent. Yeah. We got eight customers.”
Josh Fraser Aug 31, 2021 ▶ 5:23 Estated Grows 100%, Breaks $1.7m ARR for Property Data Platform
Aug 31, 2021
Disclosure
Estated sales quotas are $1.2M, paying 10% on a $50K-$60K base
“Their quotas are 1.2 million a year, and we pay 10%. So there, if they achieve that 1.2 million on a 50 to 60,000 dollar base, they could make up to one 80.”
Josh Fraser Aug 31, 2021 ▶ 8:36 Estated Grows 100%, Breaks $1.7m ARR for Property Data Platform
Aug 31, 2021
Disclosure
Frazier owns 68% of Estated; investors own 20%, employees hold 10%
“What's 68%? And then I'd say about, yeah, 10% is to my employees and 20%, we did this a standard 20% round.”
Josh Fraser Aug 31, 2021 ▶ 15:44 Estated Grows 100%, Breaks $1.7m ARR for Property Data Platform
Aug 31, 2021
Assertion Not checkable as stated
Frazier: Estated works with Blend, SoFi, State Farm, and USAA
“So we're working with like Blend and SoFi and State Farm and Swiss Re and USAA and companies along those lines on more like The PNC insurance side and getting lending and mortgages and just trying to speed up all those tools”
Josh Fraser Aug 31, 2021 ▶ 1:59 Estated Grows 100%, Breaks $1.7m ARR for Property Data Platform
Aug 31, 2021
Assertion Not checkable as stated
Frazier: Estated averages $929 monthly ARPU and $54k LTV
“So the lifetime value in our profitability count, cause I pulled this up for you is 54,268 dollars a year. Average revenue per user is 929 dollars per month.”
Josh Fraser Aug 31, 2021 ▶ 3:38 Estated Grows 100%, Breaks $1.7m ARR for Property Data Platform
Aug 31, 2021
Disclosure
Estated only hires competitor sales reps with extensive industry experience
“And so now I'm only going to hire someone from a competitor that has five to 10 years experience.”
Josh Fraser Aug 31, 2021 ▶ 6:53 Estated Grows 100%, Breaks $1.7m ARR for Property Data Platform
Aug 31, 2021 bullish
Prediction Not checkable as stated
Josh Frazier predicts Estated could reach $2.5M to $3M ARR this year
“I think we could get to two and a half, three this year, if we keep this up. So that'll be like three, 300% growth, which We'll be in a healthy position.”
Josh Fraser Aug 31, 2021 ▶ 14:22 Estated Grows 100%, Breaks $1.7m ARR for Property Data Platform
Aug 31, 2021 positive
Disclosure
Estated uses VanHack to contract international devs before Canadian immigration
“And they actually, one of the cool things is that we just pay van hack for those employees. And then they, Immigrate them within the first 12 months usually, and then we'll hire them full-time once they move to Canada. But so for the first year, we're actually…”
Josh Fraser Aug 31, 2021 ▶ 10:46 Estated Grows 100%, Breaks $1.7m ARR for Property Data Platform
Aug 31, 2021 neutral
Opinion
Frazier calls engineering cushy and comfortable compared to grinding in sales
“Whereas the engineers are all, it's pretty cushy. You know, they get tasks, they get them done. I know they work hard, but it's a little bit just of a different environment to work in. Their environment's a lot more comfortable. Our salespeople are grinding.”
Josh Fraser Aug 31, 2021 ▶ 9:46 Estated Grows 100%, Breaks $1.7m ARR for Property Data Platform
Aug 31, 2021
Assertion Not checkable as stated
Frazier: Estated is at $140k MRR and $1.68m ARR
“We are a 140 MRR with a 1.68 ARR.”
Josh Fraser Aug 31, 2021 ▶ 3:59 Estated Grows 100%, Breaks $1.7m ARR for Property Data Platform
Made with StarZero

Turn any episode into a week of clips.

This entire site, over 2,600 episodes transcribed, diarized, checked and made playable, runs on the StarZero media pipeline. Drop in your own episode and the podcast clipper finds the moments worth sharing, cuts them, captions them, and reframes them for every feed.