Michael Litt

9 statements across 2 episodes · 4 bullish · 1 bearish · 1 people on the record · first statement Sep 11, 2016 by Michael Litt · said 9 times in 4 episodes since 2016 · across every show →

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

Mentions by year

brought up most by Nathan Latka (9)

tap a year for its mentions
004283201620172018episodesmentions
023201620172018episodes it came up in
001.51.533201620172018episodesmentions per episode

every mention, scene by scene, with the transcript →

Everything said about Michael Litt, oldest first

Sep 11, 2016
Disclosure
Michael Litt says he would reject a $250M acquisition from Marc Benioff
“No.”
Michael Litt Sep 11, 2016 ▶ 23:04 EP 414: $70M Raised, $30k ACV, SaaS Success VidYard
Sep 11, 2016
Disclosure
Vidyard targets 95% annual gross revenue retention discounting all upsells
“Our growth retention target per year is 95%. So that is if like discounting all upsells and just looking at the base of customers we enter a year with from a revenue basis, we want to retain 95% of that revenue in the year. And that's an organization wide metr…”
Michael Litt Sep 11, 2016 ▶ 9:26 EP 414: $70M Raised, $30k ACV, SaaS Success VidYard
Sep 11, 2016 negative
Insight
Michael Litt warns founders against summer fundraising because investors withhold checks
“And, you know, it's either fall or spring. In the summertime, don't even bother. Investors just are not writing checks.”
Michael Litt Sep 11, 2016 ▶ 19:47 EP 414: $70M Raised, $30k ACV, SaaS Success VidYard
Sep 11, 2016 neutral
Assertion Not publicly verifiable
Vidyard closed Series A and B funding rounds on Christmas Eve
“We raised our series A just before Christmas. It literally closed on Christmas Eve. Our series B also closed on Christmas Eve, and our series C Interestingly enough, closed on January fourth”
Michael Litt Sep 11, 2016 ▶ 19:08 EP 414: $70M Raised, $30k ACV, SaaS Success VidYard
Sep 11, 2016 positive
Assertion Not checkable as stated
Vidyard surpassed $1 million in ARR during first year of sales
“Our first actual year of sales, you know, we broke through that million dollar ARR mark.”
Michael Litt Sep 11, 2016 ▶ 18:14 EP 414: $70M Raised, $30k ACV, SaaS Success VidYard
Sep 11, 2016 bullish
Assertion Not checkable as stated
Vidyard achieves 130% to 135% annual net retention including customer upsells
“Our net retention numbers, including upsell are in the 130 to 135% per year. So what that means is if we were to shut down all of our new business acquisition programs and just focus on Working with our customers, delivering new technologies and upselling them…”
Michael Litt Sep 11, 2016 ▶ 9:45 EP 414: $70M Raised, $30k ACV, SaaS Success VidYard
Oct 12, 2017
Assertion Not checkable as stated
Litt: Vidyard's fully loaded CAC payback period is around 18 months
“So our payback period now is, is in the 18 month range. But that is fully loaded.”
Michael Litt Oct 12, 2017 ▶ 20:07 810: SaaS: With $70m Raised, White Board Videos Secret to VidYard 2x YoY Growth
Oct 12, 2017 bullish
Assertion Not checkable as stated
Litt: Vidyard's net revenue retention is above 120%
“Our internal target's 95 of which I'm compensated against. And then best in class net retention tends to be about the 120% range. And of course, based on that gross retention number and our 30% target, which we hit, we're above that as well.”
Michael Litt Oct 12, 2017 ▶ 10:23 810: SaaS: With $70m Raised, White Board Videos Secret to VidYard 2x YoY Growth
Oct 12, 2017 positive
Assertion Not checkable as stated
Litt: Vidyard is approaching 250 employees
“Yeah, so we're about double in size. We're approaching 250 employees now.”
Michael Litt Oct 12, 2017 ▶ 2:27 810: SaaS: With $70m Raised, White Board Videos Secret to VidYard 2x YoY Growth
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.