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Optimove

11 statements across 1 episodes · 6 bullish · 0 bearish · 1 people on the record · first statement Jun 25, 2018 by Pini Yakuel · said 17 times in 2 episodes since 2018 · across every show →

Mentions by year

brought up most by Pini Yakuel (8), Nathan Latka (8), Peter Arachofsky (1)

tap a year for its mentions
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011201820192020episodes it came up in
00100.5201201820192020episodesmentions per episode
2020 1 mention in 1 episode
2018 16 mentions in 1 episode

every mention, scene by scene, with the transcript →

Everything said about Optimove, oldest first

Jun 25, 2018 neutral
Assertion Not checkable as stated
Optimove gets 88% of revenue from SaaS and 12% from services
“Well today, 12% of our business comes from services and 88 comes from SAS licensing.”
Pini Yakuel Jun 25, 2018 ▶ 3:59 1066 Optimove CEO: "Conditions Were Right To Stop Bootstrapping w/ $20m Raise"
Jun 25, 2018 positive
Assertion Not checkable as stated
Optimove is currently profitable with a 150-person team
“You can think of a 150, a 150 people company, and it is profitable.”
Pini Yakuel Jun 25, 2018 ▶ 5:12 1066 Optimove CEO: "Conditions Were Right To Stop Bootstrapping w/ $20m Raise"
Jun 25, 2018 positive
Assertion Not checkable as stated
Optimove is cash-flow positive and has always been profitable
“If typically we build a business as a bootstrap, we're cashflow positive, we've always been profitable.”
Pini Yakuel Jun 25, 2018 ▶ 2:46 1066 Optimove CEO: "Conditions Were Right To Stop Bootstrapping w/ $20m Raise"
Jun 25, 2018 positive
Assertion Not checkable as stated
Optimove experiences 0.8% gross monthly revenue churn
“On a monthly basis, we churn a .8%.”
Pini Yakuel Jun 25, 2018 ▶ 17:17 1066 Optimove CEO: "Conditions Were Right To Stop Bootstrapping w/ $20m Raise"
Jun 25, 2018 neutral
Assertion Not checkable as stated
Optimove spends roughly $500K annually running its own marketing publication
“This year it's around half a million a year.”
Pini Yakuel Jun 25, 2018 ▶ 13:58 1066 Optimove CEO: "Conditions Were Right To Stop Bootstrapping w/ $20m Raise"
Jun 25, 2018 neutral
Disclosure
Optimove bootstrapped for eight years before raising a $20M growth round
“We've been bootstrapping all the way to, like, a year and a half ago, in which we took our first round of growth funding of twenty million dollars.”
Pini Yakuel Jun 25, 2018 ▶ 9:30 1066 Optimove CEO: "Conditions Were Right To Stop Bootstrapping w/ $20m Raise"
Jun 25, 2018
What-if
Yakuel: Studying computer science would have prevented years of bootstrapping
“Maybe I wish I would study computer science, and then I would build a product myself, and not having to bootstrap through all the years, but on the other hand, maybe it made me who I am”
Pini Yakuel Jun 25, 2018 ▶ 20:24 1066 Optimove CEO: "Conditions Were Right To Stop Bootstrapping w/ $20m Raise"
Jun 25, 2018 bullish
Assertion Not checkable as stated
Optimove consistently grows revenue 60% to 100% year-over-year
“Throughout the years, it's always been fluctuating, but it's always been between 60 to a hundred percent.”
Pini Yakuel Jun 25, 2018 ▶ 18:40 1066 Optimove CEO: "Conditions Were Right To Stop Bootstrapping w/ $20m Raise"
Jun 25, 2018 neutral
Assertion Not checkable as stated
Optimove's average customer contract is around $130K per year
“So I would say that like our price point is around 130 K a year.”
Pini Yakuel Jun 25, 2018 ▶ 2:03 1066 Optimove CEO: "Conditions Were Right To Stop Bootstrapping w/ $20m Raise"
Jun 25, 2018 positive
Assertion Not checkable as stated
Optimove achieves net negative revenue churn
“No, the net is, is, is that we have negative churn, which is great for us”
Pini Yakuel Jun 25, 2018 ▶ 17:46 1066 Optimove CEO: "Conditions Were Right To Stop Bootstrapping w/ $20m Raise"
Jun 25, 2018 positive
Insight
Yakuel: Raising capital provides credibility and stock value for M&A
“There's a few more things you're getting from a, from fundraising, right? You're getting an external credibility that you never, I've never had as a bootstrap kind of like for eight, eight years. And you're getting the ability to buy companies all of a sudden,…”
Pini Yakuel Jun 25, 2018 ▶ 12:27 1066 Optimove CEO: "Conditions Were Right To Stop Bootstrapping w/ $20m Raise"
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