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Lou Wang

15 statements across 2 episodes · 3 bullish · 0 bearish · 2 people on the record · first statement Feb 24, 2019 by Lou Wang · across every show →

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

Everything said about Lou Wang, oldest first

Feb 24, 2019
Disclosure
Wang: Reamaze would target roughly 10x ARR valuation in a funding round
“It's going to be sort of a, maybe 10 X The ARR, you know, that's in other terms, obviously when you're raising capital, other terms do matter as well, but that's sort of a rough ballpark of what you kind of would expect.”
Lou Wang Feb 24, 2019 ▶ 16:35 1310 After GoDaddy Acquisition, He Built Support Version of Intercom, Now $1.5m in ARR, 100% yoy growth
Feb 24, 2019 positive
Assertion Not checkable as stated
Wang: Reamaze ARR more than doubled year-over-year from under $500K in 2017
“So for example in 2017, I think we were under 500 K A R R and we're over that. So we've more than doubled in since the last year.”
Lou Wang Feb 24, 2019 ▶ 10:26 1310 After GoDaddy Acquisition, He Built Support Version of Intercom, Now $1.5m in ARR, 100% yoy growth
Feb 24, 2019
Assertion Open · timeframe Feb 2019
Latka: 79% of Interviewed Founders Are Married With Kids
“Actually, I can give you the exact data. 79% are married with at least one kid.”
Nathan Latka Feb 24, 2019 ▶ 18:58 1310 After GoDaddy Acquisition, He Built Support Version of Intercom, Now $1.5m in ARR, 100% yoy growth
Feb 24, 2019
Disclosure
Wang: Reamaze operates with a remote team of 15
“The team size is at 15 and that includes, so we have a remote culture here.”
Lou Wang Feb 24, 2019 ▶ 9:57 1310 After GoDaddy Acquisition, He Built Support Version of Intercom, Now $1.5m in ARR, 100% yoy growth
Feb 24, 2019
Assertion Not checkable as stated
Wang: Reamaze serves just under 1,200 business customers
“So we have over a thousand customers. So last I checked, it was right under 12 1200, sorry. And that's businesses.”
Lou Wang Feb 24, 2019 ▶ 7:28 1310 After GoDaddy Acquisition, He Built Support Version of Intercom, Now $1.5m in ARR, 100% yoy growth
Feb 24, 2019
Disclosure
Wang: Reamaze raised $500,000 in early funding
“We raised capital at 500 K. Okay, what, why, and when was that?”
Lou Wang Feb 24, 2019 ▶ 8:14 1310 After GoDaddy Acquisition, He Built Support Version of Intercom, Now $1.5m in ARR, 100% yoy growth
Nov 2, 2020
Disclosure
Reamaze Has Reached Around 10,000 Active Seats
“And so I think we're at, in terms of seats, we're at the 10 K range at this point.”
Lou Wang Nov 2, 2020 ▶ 5:04 Reamaze Breaks $3m ARR Helping ECommerce Brands with HelpDesk Tool
Nov 2, 2020 neutral
Assertion Not checkable as stated
Reamaze Operates With a Team of Just 18 People
“We're right under 20. I think I just did a head count recently this month and we were at 18 at the time.”
Lou Wang Nov 2, 2020 ▶ 12:25 Reamaze Breaks $3m ARR Helping ECommerce Brands with HelpDesk Tool
Nov 2, 2020 neutral
Disclosure
Reamaze Has Not Raised Additional Capital Beyond Seed Funding
“Yeah, we haven't raised anything.”
Lou Wang Nov 2, 2020 ▶ 11:32 Reamaze Breaks $3m ARR Helping ECommerce Brands with HelpDesk Tool
Nov 2, 2020 bullish
Disclosure
Reamaze Has Reached $3 Million ARR at $100 Per Logo
“Yeah, we're doing I think we're doing about a hundred per logo. So we're doing cause we're in the three million dollar revenue range right now.”
Lou Wang Nov 2, 2020 ▶ 5:24 Reamaze Breaks $3m ARR Helping ECommerce Brands with HelpDesk Tool
Nov 2, 2020
Disclosure
Reamaze Serves Just Over 2,500 Customer Logos
“We're doing just north of. 2500 logos or something like that.”
Lou Wang Nov 2, 2020 ▶ 4:32 Reamaze Breaks $3m ARR Helping ECommerce Brands with HelpDesk Tool
Nov 2, 2020
Insight
E-Commerce Chat Spans Pre-Sale and Post-Sale Unlike Other Sectors
“For e-commerce, customer conversations happen pre-sales and post-sales, right? Whereas for a lot of other businesses, potentially chat and support is most of a, like a post-sale nurturing type of relationship.”
Lou Wang Nov 2, 2020 ▶ 3:42 Reamaze Breaks $3m ARR Helping ECommerce Brands with HelpDesk Tool
Nov 2, 2020 neutral
Disclosure
Lou Wang Holds Slightly More Equity Than His Co-Founders
“So the equity for my two co-founders are the same, but I'm slightly higher than those two without going into specific details on those numbers.”
Lou Wang Nov 2, 2020 ▶ 19:18 Reamaze Breaks $3m ARR Helping ECommerce Brands with HelpDesk Tool
Nov 2, 2020
Disclosure
60% to 70% of Reamaze's Customers Are in E-Commerce
“About 60 to 70% of our customer base is going to be in the e-commerce space.”
Lou Wang Nov 2, 2020 ▶ 3:22 Reamaze Breaks $3m ARR Helping ECommerce Brands with HelpDesk Tool
Nov 2, 2020 positive
Disclosure
Reamaze Sees Under 3% Monthly Gross Churn and 10% Gross Growth
“It's gross churn, and then net growth on top of the churn is going to be anywhere from four to seven percent, so we're looking at a gross growth of somewhere between seven and 10% monthly.”
Lou Wang Nov 2, 2020 ▶ 14:35 Reamaze Breaks $3m ARR Helping ECommerce Brands with HelpDesk Tool
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