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Olin Hyde

13 statements across 2 episodes · 1 bullish · 2 bearish · 1 people on the record · first statement Oct 1, 2017 by Olin Hyde · across every show →

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

Everything said about Olin Hyde, oldest first

Oct 1, 2017 positive
Assertion Not checkable as stated
Lead Crunch AI quadrupled its average order size to $20k in 2017
“Well, the revenue the average order size in in January was around 5000 and now we're at 20,000.”
Olin Hyde Oct 1, 2017 ▶ 10:25 799: SaaS: How He Grew To $200k MRR, $2m Raised at $7m Cap
Oct 1, 2017
Disclosure
Hyde sold his previous anti-fraud startup Autosemantics to Swiss group AI One
“The last one was Autosemantics, and we analyzed social media feeds on the behalf of chief financial officers of public companies to identify and isolate pump and dump schemes, and that company was sold to a group out of Switzerland called AI One”
Olin Hyde Oct 1, 2017 ▶ 2:09 799: SaaS: How He Grew To $200k MRR, $2m Raised at $7m Cap
Oct 1, 2017 negative
Opinion
VCs falsely assume subscriptions are the only path to predictable revenue
“I think that, you know, there's this fascination among the venture capital community with predictable revenue, and they immediately jump to the assumption that the only way it's predictable is if there's a subscription. Well, that's just not true.”
Olin Hyde Oct 1, 2017 ▶ 6:08 799: SaaS: How He Grew To $200k MRR, $2m Raised at $7m Cap
Oct 1, 2017
Assertion Not checkable as stated
Lead Crunch AI revenue currently sits at 10% SaaS, 90% on-demand
“It's early for our SaaS product. We're just now testing it, so it's, ah, it's about 10 90 right now. 10 on SaaS, 90 on on-demand.”
Olin Hyde Oct 1, 2017 ▶ 4:41 799: SaaS: How He Grew To $200k MRR, $2m Raised at $7m Cap
Oct 1, 2017
Assertion Not checkable as stated
Lead Crunch AI reaches 90 lifetime customers with 55 on core product
“We have 90 lifetime customers. We have about 55 on this current product line.”
Olin Hyde Oct 1, 2017 ▶ 9:33 799: SaaS: How He Grew To $200k MRR, $2m Raised at $7m Cap
Oct 1, 2017
Assertion Not checkable as stated
Lead Crunch on-demand clients rebook at 186% of original contract value
“But what's interesting about our on-demand, a 130% of our customers rebook within 90 days. So even though we call it on-demand, those customers are coming back and repeating over and over again, and they're repeating at a 186% of their original contract value.”
Olin Hyde Oct 1, 2017 ▶ 4:50 799: SaaS: How He Grew To $200k MRR, $2m Raised at $7m Cap
Oct 1, 2017
Assertion Not checkable as stated
Hyde turned an Uber VC pitch into a $40,000 customer referral
“So far, they've been worth about 40,000 dollars, and they're, they've rebooked with us four times, and I'd much rather have them as a customer than have his money as a VC.”
Olin Hyde Oct 1, 2017 ▶ 11:21 799: SaaS: How He Grew To $200k MRR, $2m Raised at $7m Cap
Oct 1, 2017
Disclosure
Lead Crunch spends most of its $6,500 marketing budget on itself
“Of the 6500 about 4500 was spent on our own stuff, and then we always are doing experiments.”
Olin Hyde Oct 1, 2017 ▶ 14:29 799: SaaS: How He Grew To $200k MRR, $2m Raised at $7m Cap
Oct 1, 2017 bearish
Opinion
Hyde argues 85% to 90% SaaS gross margins are completely unsustainable
“No, and I think that those margins, the really super high margins, 85, 90%, are not necessarily sustainable for the long run.”
Olin Hyde Oct 1, 2017 ▶ 11:44 799: SaaS: How He Grew To $200k MRR, $2m Raised at $7m Cap
Jan 3, 2021 neutral
Insight
Hyde says skills needed to scale past $10 million change fundamentally
“Unfortunately, I think the skills that get you to ten million are a lot different than the skills that get you to 20, 30, forty million.”
Olin Hyde Jan 3, 2021 ▶ 15:14 LeadCrunch Hits $24m Revenue, $650k Revenue Per Employee, Raising $30m for 20% Of Business 2021?
Jan 3, 2021
Assertion Not checkable as stated
LeadCrunch has been profitable for the past three months
“We are profitable for the past three months.”
Olin Hyde Jan 3, 2021 ▶ 9:55 LeadCrunch Hits $24m Revenue, $650k Revenue Per Employee, Raising $30m for 20% Of Business 2021?
Jan 3, 2021
Assertion Not checkable as stated
LeadCrunch sees an average initial order value of around $50,000
“The average right now for first-time order is around 50,000.”
Olin Hyde Jan 3, 2021 ▶ 7:59 LeadCrunch Hits $24m Revenue, $650k Revenue Per Employee, Raising $30m for 20% Of Business 2021?
Jan 3, 2021 neutral
Disclosure
LeadCrunch cut headcount from 75 to 35 across three rounds of layoffs
“Yeah, it's actually, we were at 75, and then I did three layoffs.”
Olin Hyde Jan 3, 2021 ▶ 14:29 LeadCrunch Hits $24m Revenue, $650k Revenue Per Employee, Raising $30m for 20% Of Business 2021?
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