Norby

12 statements across 1 episodes · 4 bullish · 0 bearish · 1 people on the record · first statement Nov 19, 2021 by Nick Gerard · said 17 times in 1 episodes since 2021 · across every show →

Mentions by year

brought up most by Nathan Latka (15), Nick Gerard (2)

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2021 17 mentions in 1 episode

every mention, scene by scene, with the transcript →

Everything said about Norby, oldest first

Nov 19, 2021 positive
Assertion Not checkable as stated
Norby tripled trial conversion rates across every cohort over two months
“In the last two months, we've tripled our conversion during our trial, but we have an entirely paid product. We have no free tier and we have tripled the number of people that we are converting in every cohort.”
Nick Gerard Nov 19, 2021 ▶ 18:33 Norby Is SMS and Email all in One, Raises $4m at $20m Valuation
Nov 19, 2021 bullish
Prediction Not checkable as stated
Gerard predicts software companies marrying tech and culture will win SMB SaaS
“And I think those are the companies that are going to really win in this category over the next couple of years.”
Nick Gerard Nov 19, 2021 ▶ 15:12 Norby Is SMS and Email all in One, Raises $4m at $20m Valuation
Nov 19, 2021
Disclosure
Gerard: Norby raised just under $4 million in July 2021
“So we raised just under four million dollars in July.”
Nick Gerard Nov 19, 2021 ▶ 8:21 Norby Is SMS and Email all in One, Raises $4m at $20m Valuation
Nov 19, 2021
Assertion Not checkable as stated
Gerard: Norby Has Hundreds of Paying Customers and Thousands on Waitlist
“I'll say that we have hundreds of paying customers. We'll keep it. We have a, we have thousands of people on our wait list.”
Nick Gerard Nov 19, 2021 ▶ 4:48 Norby Is SMS and Email all in One, Raises $4m at $20m Valuation
Nov 19, 2021
Assertion Not checkable as stated
Gerard: Norby Customers Split Evenly Between $5 and $20 Monthly Tiers
“It's pretty evenly split actually.”
Nick Gerard Nov 19, 2021 ▶ 5:14 Norby Is SMS and Email all in One, Raises $4m at $20m Valuation
Nov 19, 2021
Insight
Gerard: Influencers monetize via brands while creators monetize audiences directly
“I think influencers probably make most of their money from brand partnerships and sponsor posts and sponsored content. Creators are people who are directly monetizing their audience, selling subscriptions, selling content you know, tips and that kind of thing.”
Nick Gerard Nov 19, 2021 ▶ 5:25 Norby Is SMS and Email all in One, Raises $4m at $20m Valuation
Nov 19, 2021
Disclosure
Gerard pitched lower-priority investors eight times daily to practice
“The first two weeks I talked mostly to people that I didn't really care if I won or lost because I'd never done this before. And I just did like eight meetings a day for two weeks and just you know, practiced and fell on my face a lot and got a lot of very qui…”
Nick Gerard Nov 19, 2021 ▶ 9:43 Norby Is SMS and Email all in One, Raises $4m at $20m Valuation
Nov 19, 2021 neutral
Assertion Not checkable as stated
Norby average monthly revenue per customer is $18 to $19
“Average I'll say average revenue per customer per month is like 18, 19 dollars.”
Nick Gerard Nov 19, 2021 ▶ 17:27 Norby Is SMS and Email all in One, Raises $4m at $20m Valuation
Nov 19, 2021
Disclosure
Norby raised around $500,000 from Notation Capital in 2020
“We raised, honestly, we raised like half a million dollars. And that was basically just so that Sam, Steve, and I could go full time.”
Nick Gerard Nov 19, 2021 ▶ 12:35 Norby Is SMS and Email all in One, Raises $4m at $20m Valuation
Nov 19, 2021
Disclosure
Gerard: Norby charges $5 monthly for creators and $20 for brands
“Yeah, so we have two tiers called the creator tier and the brand tier. The creator tier is a five dollar a month tier, and the brand tier is 20 bucks a month.”
Nick Gerard Nov 19, 2021 ▶ 2:04 Norby Is SMS and Email all in One, Raises $4m at $20m Valuation
Nov 19, 2021 positive
Assertion Not checkable as stated
Gerard: Norby generates hundreds of signups per customer event
“Every time we do an event, every time we do programming or anything of that kind, we get hundreds of signups.”
Nick Gerard Nov 19, 2021 ▶ 8:56 Norby Is SMS and Email all in One, Raises $4m at $20m Valuation
Nov 19, 2021 positive
Insight
Gerard: Adopting a second product feature guarantees conversion for Norby trials
“As soon as they reach for that and as soon as they reach for that tool, as soon as they reach a certain threshold of engagement, we know that we're going to convert that person.”
Nick Gerard Nov 19, 2021 ▶ 20:53 Norby Is SMS and Email all in One, Raises $4m at $20m Valuation
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