LeadGenius

34 statements across 4 episodes · 9 bullish · 1 bearish · 4 people on the record · first statement Jun 7, 2016 by Anand Kulkarni · said 65 times in 9 episodes since 2016 · across every show →

Mentions by year

brought up most by Nathan Latka (45), Alex Berman (10), Prayag Narula (5), Anand Kulkarni (2), Pietari Suvanto (1), Eric Boggs (1), Badis Khalfallah (1)

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Everything said about LeadGenius, oldest first

Jun 7, 2016 positive
Assertion Not checkable as stated
LeadGenius reached approximately $8 million in revenue in 2015
“2015, we got up to just about eight million a year.”
Anand Kulkarni Jun 7, 2016 ▶ 3:53 He's 31, Doing $700k/mo By Automating The Sales Process WIth $8m Raised, EP 265: Anand Kulkarni
Jun 7, 2016 neutral
Assertion Not checkable as stated
LeadGenius serves over 200 enterprise customers as of early 2016
“We serve enterprise customers. In that segment, we're looking at about 200 customers and some change.”
Anand Kulkarni Jun 7, 2016 ▶ 4:21 He's 31, Doing $700k/mo By Automating The Sales Process WIth $8m Raised, EP 265: Anand Kulkarni
Jun 7, 2016
Disclosure
Kulkarni: LeadGenius uses crowdsourced labor rather than on-site consulting teams
“We don't have any say consulting teams that we send on site. What we do have are a crowd of folks who help us get certain kinds of data that might be tricky to get using automated methods.”
Anand Kulkarni Jun 7, 2016 ▶ 6:18 He's 31, Doing $700k/mo By Automating The Sales Process WIth $8m Raised, EP 265: Anand Kulkarni
Jun 7, 2016
Disclosure
Kulkarni: LeadGenius operates with 50 local staff and 500 global workers
“We've got 50 folks locally, just shy of 50, plus a crowd of about 500 people around the world who are helping us with the acquisition.”
Anand Kulkarni Jun 7, 2016 ▶ 9:32 He's 31, Doing $700k/mo By Automating The Sales Process WIth $8m Raised, EP 265: Anand Kulkarni
Jun 7, 2016 positive
Assertion Not checkable as stated
Kulkarni: LeadGenius achieves net negative revenue churn every month
“That's roughly right on the gross level. On a net level, we're posting negative churn every month.”
Anand Kulkarni Jun 7, 2016 ▶ 7:17 He's 31, Doing $700k/mo By Automating The Sales Process WIth $8m Raised, EP 265: Anand Kulkarni
Jun 7, 2016
Disclosure
LeadGenius charges between $2,000 and $1,000,000 per month per customer
“So we generally charge between 2000 a month all the way up to our biggest customers who give us up to a million a month.”
Anand Kulkarni Jun 7, 2016 ▶ 3:31 He's 31, Doing $700k/mo By Automating The Sales Process WIth $8m Raised, EP 265: Anand Kulkarni
Jun 7, 2016
Disclosure
Kulkarni: LeadGenius Has Raised $8M Total, Including $6M Series A
“So we've raised total about eight million dollars. The last round was six million dollars from of course all of our existing investors plus Sierra Ventures.”
Anand Kulkarni Jun 7, 2016 ▶ 9:59 He's 31, Doing $700k/mo By Automating The Sales Process WIth $8m Raised, EP 265: Anand Kulkarni
Jun 7, 2016 positive
Assertion Not checkable as stated
LeadGenius reports an LTV to CAC ratio of approximately 10
“LTV to CAC right now is about 10.”
Anand Kulkarni Jun 7, 2016 ▶ 5:08 He's 31, Doing $700k/mo By Automating The Sales Process WIth $8m Raised, EP 265: Anand Kulkarni
Jun 7, 2016 neutral
Assertion Not checkable as stated
LeadGenius's average revenue per customer is roughly $40,000 annually
“Right now it's close to 40,000 dollars per user. That's annually.”
Anand Kulkarni Jun 7, 2016 ▶ 4:31 He's 31, Doing $700k/mo By Automating The Sales Process WIth $8m Raised, EP 265: Anand Kulkarni
Jun 7, 2016
Insight
Anand Kulkarni uses open sales positions to predict who buys sales tools
“The number of sales positions that are open at a company, which is a predictor of how often companies will buy sales products.”
Anand Kulkarni Jun 7, 2016 ▶ 6:45 He's 31, Doing $700k/mo By Automating The Sales Process WIth $8m Raised, EP 265: Anand Kulkarni
Jun 7, 2016
Disclosure
LeadGenius generated roughly $700,000 in monthly recurring revenue in early 2016
“Let's see, we are probably close to about 700 and change. I want to double check that number first.”
Anand Kulkarni Jun 7, 2016 ▶ 9:07 He's 31, Doing $700k/mo By Automating The Sales Process WIth $8m Raised, EP 265: Anand Kulkarni
Jun 7, 2016 neutral
Assertion Not checkable as stated
LeadGenius's fully loaded CAC is closer to $15,000 per customer
“If you bundle in full sales and marketing costs fully loaded, I'd say it's closer to 15.”
Anand Kulkarni Jun 7, 2016 ▶ 5:58 He's 31, Doing $700k/mo By Automating The Sales Process WIth $8m Raised, EP 265: Anand Kulkarni
Jul 13, 2016 neutral
Assertion Not checkable as stated
Latka: LeadGenius raised $8M and generates $700K in monthly MRR
“They raised, they've raised eight million and they're only doing 700 gate per month in MRR.”
Nathan Latka Jul 13, 2016 ▶ 5:58 EP 354: $1.3M in Monthly Revenue to Get You Leads with Alex Berman of Inspired Beats
Jul 13, 2016 bullish
Assertion Not checkable as stated
Berman: Inspire Beats bootstrapped to match or exceed LeadGenius in revenue
“We bootstrapped basically over the last two and a half years to be about their size or maybe even a little bit bigger than theirs.”
Alex Berman Jul 13, 2016 ▶ 5:46 EP 354: $1.3M in Monthly Revenue to Get You Leads with Alex Berman of Inspired Beats
Jul 13, 2016 negative
Opinion
Berman: US-based reviewers produce higher quality leads than offshore workers
“Having an American that actually understands the business model of each client runs through each lead specifically you're going to get a lot more high quality leads than you would You know, having a Filipino that's reviewing a list pulled from, you know, some …”
Alex Berman Jul 13, 2016 ▶ 6:56 EP 354: $1.3M in Monthly Revenue to Get You Leads with Alex Berman of Inspired Beats
Aug 29, 2016
Assertion Not checkable as stated
LeadGenius employs 50 local staff and 500 global data researchers
“So we've got 50 folks locally, just shy of 50, plus a crowd of about 500 people around the world who are helping us with data acquisition.”
Anand Kulkarni Aug 29, 2016 ▶ 8:10 LeadGenius $700K MRR, 200 Customers
Aug 29, 2016 neutral
Assertion Not checkable as stated
LeadGenius serves over 200 enterprise customers
“We serve enterprise customers and that segment we're looking at about 200 customers and some change.”
Anand Kulkarni Aug 29, 2016 ▶ 3:00 LeadGenius $700K MRR, 200 Customers
Aug 29, 2016 neutral
Assertion Not checkable as stated
LeadGenius averages close to $40K ACV per enterprise customer
“Right now it's close to 40,000 dollars per user.”
Anand Kulkarni Aug 29, 2016 ▶ 3:09 LeadGenius $700K MRR, 200 Customers
Aug 29, 2016 neutral
Assertion Not checkable as stated
LeadGenius fully loaded customer acquisition cost is around $15,000
“If you bundle in full sales and marketing costs fully loaded, I'd say it's closer to 15.”
Anand Kulkarni Aug 29, 2016 ▶ 4:36 LeadGenius $700K MRR, 200 Customers
Aug 29, 2016 positive
Assertion Not checkable as stated
LeadGenius reached around $8M annual revenue in 2015
“2015, we got up to just about eight million a year.”
Anand Kulkarni Aug 29, 2016 ▶ 2:31 LeadGenius $700K MRR, 200 Customers
Aug 29, 2016 positive
Assertion Not checkable as stated
LeadGenius maintains a 10:1 LTV to CAC ratio
“LTV to CAC right now is about 10. So we are getting a pretty good return on investment.”
Anand Kulkarni Aug 29, 2016 ▶ 3:46 LeadGenius $700K MRR, 200 Customers
Aug 29, 2016
Disclosure
LeadGenius charges from $2K to $1M per month per customer
“So we generally charge between 2000 a month all the way up to our biggest customers who give us up to a million a month.”
Anand Kulkarni Aug 29, 2016 ▶ 2:10 LeadGenius $700K MRR, 200 Customers
Aug 29, 2016
Assertion Supported
LeadGenius has raised $8M total, including a $6M Series A
“So we've raised total about eight million dollars. The last round was six million dollars from of course all of our existing investors plus Sierra Ventures who led the round.”
Anand Kulkarni Aug 29, 2016 ▶ 8:38 LeadGenius $700K MRR, 200 Customers
Aug 29, 2016 positive
Assertion Not checkable as stated
LeadGenius achieves net negative revenue churn every month
“Yeah, that's correct. That's roughly right on the gross level. On a net level, we're posting negative churn every month.”
Anand Kulkarni Aug 29, 2016 ▶ 5:55 LeadGenius $700K MRR, 200 Customers
Aug 29, 2016 positive
Insight
Open sales roles predict company purchasing frequency for sales products
“Information about the number of sales positions that are open at a company, which is a predictor of how often companies will buy sales products.”
Anand Kulkarni Aug 29, 2016 ▶ 5:11 LeadGenius $700K MRR, 200 Customers
Dec 11, 2020
Disclosure
LeadGenius spends $20K to $25K to acquire each enterprise customer
“I think 20, 25,000 dollars is probably, ah, probably something we'll spend.”
Prayag Narula Dec 11, 2020 ▶ 6:49 LeadGenius Hits $10m in Revenue, Growth Slow at 50% YoY Considering $25m Raised
Dec 11, 2020 positive
Assertion Not checkable as stated
Upselling drives 30% to 40% of LeadGenius's revenue growth
“I think upsell is a big part of our growth. I would say, you know 30 to 40% probably comes from upsell, if not more.”
Prayag Narula Dec 11, 2020 ▶ 13:35 LeadGenius Hits $10m in Revenue, Growth Slow at 50% YoY Considering $25m Raised
Dec 11, 2020 neutral
Disclosure
LeadGenius targets an average contract value of $6K to $10K monthly
“I think five to 10 grand a month six or seven to 10 grand a month is probably used.”
Prayag Narula Dec 11, 2020 ▶ 3:27 LeadGenius Hits $10m in Revenue, Growth Slow at 50% YoY Considering $25m Raised
Dec 11, 2020 neutral
Disclosure
LeadGenius employs approximately 60 people globally
“About six yard people around the world.”
Prayag Narula Dec 11, 2020 ▶ 11:16 LeadGenius Hits $10m in Revenue, Growth Slow at 50% YoY Considering $25m Raised
Dec 11, 2020 neutral
Disclosure
LeadGenius maintains a net cash burn of $100K to $200K monthly
“A little over that somewhere between a 102 hundred..”
Prayag Narula Dec 11, 2020 ▶ 18:34 LeadGenius Hits $10m in Revenue, Growth Slow at 50% YoY Considering $25m Raised
Dec 11, 2020
Disclosure
LeadGenius's recent $13M funding round provides two to three years of runway
“Last round was thirteen million you know, that should last us, say, two to three years.”
Prayag Narula Dec 11, 2020 ▶ 9:04 LeadGenius Hits $10m in Revenue, Growth Slow at 50% YoY Considering $25m Raised
Dec 11, 2020 neutral
Disclosure
LeadGenius contracts range from $2K monthly to seven-figure annual deals
“On the low end, anywhere between, you know, two to 3000 dollars a month on a high end, so that becomes, you know, what, like 30, 40,000 dollars a year on the high end, which a lot of our customers are, could be, you know, high six figures and even seven figure…”
Prayag Narula Dec 11, 2020 ▶ 2:59 LeadGenius Hits $10m in Revenue, Growth Slow at 50% YoY Considering $25m Raised
Dec 11, 2020 neutral
Assertion Not checkable as stated
LeadGenius serves approximately 250 active enterprise customers
“About 250 customers or so.”
Prayag Narula Dec 11, 2020 ▶ 13:20 LeadGenius Hits $10m in Revenue, Growth Slow at 50% YoY Considering $25m Raised
Dec 11, 2020 neutral
Assertion Not checkable as stated
LeadGenius spent $200K to $300K building its initial MVP
“It was probably about a few 100,000 dollars, like two or 300,000 dollars, but it wasn't that much.”
Prayag Narula Dec 11, 2020 ▶ 4:55 LeadGenius Hits $10m in Revenue, Growth Slow at 50% YoY Considering $25m Raised
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