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Knapsack

9 statements across 1 episodes · 3 bullish · 0 bearish · 1 people on the record · first statement Dec 9, 2021 by Chris Straw · said 14 times in 1 episodes since 2021 · across every show →

Mentions by year

brought up most by Nathan Latka (11), Chris Straw (3)

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2021 14 mentions in 1 episode

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Everything said about Knapsack, oldest first

Dec 9, 2021 positive
Assertion Not checkable as stated
Knapsack's largest customer pays $200,000 annually for over 700 seats
“Yeah, our biggest customer is a little over 700 seats. They pay about 200,000 dollars a year.”
Chris Straw Dec 9, 2021 ▶ 3:58 The Next Figma? KnapSack Hits $40k MRR in 6 Months For Design and Dev Module Tools
Dec 9, 2021
Assertion Not checkable as stated
Knapsack grew monthly revenue from $900 to $40,000 in one year
“Yeah, exactly.”
Chris Straw Dec 9, 2021 ▶ 11:36 The Next Figma? KnapSack Hits $40k MRR in 6 Months For Design and Dev Module Tools
Dec 9, 2021 positive
Insight
Straw: Targeting small teams rather than enterprise opened sales floodgates
“And so we made that shift to go from let's sell to big enterprise of plant. Let's sell these big enterprise plans to let's sell these smaller individual team deals and really focus on getting that first five users in the door. Yep. Top of the top of funnel. Ex…”
Chris Straw Dec 9, 2021 ▶ 12:53 The Next Figma? KnapSack Hits $40k MRR in 6 Months For Design and Dev Module Tools
Dec 9, 2021 neutral
Disclosure
Knapsack raised $2.3 million at a $7.5 million post-money valuation
“Yeah, so 2.3, we raised that seven and a half post money.”
Chris Straw Dec 9, 2021 ▶ 11:45 The Next Figma? KnapSack Hits $40k MRR in 6 Months For Design and Dev Module Tools
Dec 9, 2021 positive
Assertion Not checkable as stated
Knapsack boasts an exceptionally high 190% net dollar retention rate
“Yeah, it's about a 190%.”
Chris Straw Dec 9, 2021 ▶ 4:52 The Next Figma? KnapSack Hits $40k MRR in 6 Months For Design and Dev Module Tools
Dec 9, 2021
Assertion Not checkable as stated
Straw: Knapsack has about 15 enterprise customers and dozens of smaller accounts
“We have, you know, about 15 enterprise customers and then, you know, a couple dozen smaller customers.”
Chris Straw Dec 9, 2021 ▶ 10:16 The Next Figma? KnapSack Hits $40k MRR in 6 Months For Design and Dev Module Tools
Dec 9, 2021 neutral
Assertion Not checkable as stated
Knapsack Raised Seed Funding with $11K ARR and Two Customers
“Did a you know, small seed pre-seed round in January. With like one or two customers and like 11 K and annual revenue.”
Chris Straw Dec 9, 2021 ▶ 8:08 The Next Figma? KnapSack Hits $40k MRR in 6 Months For Design and Dev Module Tools
Dec 9, 2021
Assertion Not checkable as stated
Knapsack generates approximately $40,000 in monthly recurring revenue
“Yeah, right around there.”
Chris Straw Dec 9, 2021 ▶ 11:32 The Next Figma? KnapSack Hits $40k MRR in 6 Months For Design and Dev Module Tools
Dec 9, 2021 neutral
Disclosure
Knapsack charges $25 to $50 per user per month
“We have our team plans, which anybody can sign up for. They're 25 dollars per user per month, and then there's our enterprise plans, which are 50 dollars per user per month and those tend to be to larger organizations.”
Chris Straw Dec 9, 2021 ▶ 3:01 The Next Figma? KnapSack Hits $40k MRR in 6 Months For Design and Dev Module Tools
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