OwnLocal

10 statements across 1 episodes · 2 bullish · 0 bearish · 1 people on the record · first statement Apr 6, 2019 by Lloyd Armbrust · said 20 times in 2 episodes since 2019 · across every show →

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brought up most by Nathan Latka (17), Lloyd Armbrust (3)

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Everything said about OwnLocal, oldest first

Apr 6, 2019
Assertion Not checkable as stated
Armbrust says most of OwnLocal's 170,000 monthly ad campaigns are 'uniquely terrible'
“We process about 170,000 ad campaigns a month, and I would say probably a hundred and 60,000 are uniquely terrible.”
Lloyd Armbrust Apr 6, 2019 ▶ 3:59 1351 Why OwnLocal CEO Turned Down $17m Offer to Keep Helping Newspapers Digitize
Apr 6, 2019 positive
Assertion Not checkable as stated
Armbrust: OwnLocal is cashflow positive and profitable
“We're cashflow positive and profitable.”
Lloyd Armbrust Apr 6, 2019 ▶ 9:37 1351 Why OwnLocal CEO Turned Down $17m Offer to Keep Helping Newspapers Digitize
Apr 6, 2019
Disclosure
Armbrust: OwnLocal has raised $3.5M in total funding
“Since then, we've raised a total of three and a half million dollars.”
Lloyd Armbrust Apr 6, 2019 ▶ 7:12 1351 Why OwnLocal CEO Turned Down $17m Offer to Keep Helping Newspapers Digitize
Apr 6, 2019 bullish
Prediction Not checkable as stated
Armbrust: OwnLocal targets 20% to 30% revenue growth in 2018
“So we're, we, I'll just say that we're targeting to do about 20 to 30% growth, which is what we grew over 20 2016 as well.”
Lloyd Armbrust Apr 6, 2019 ▶ 9:20 1351 Why OwnLocal CEO Turned Down $17m Offer to Keep Helping Newspapers Digitize
Apr 6, 2019
Disclosure
OwnLocal turned down a $17M buyout offer in 2010 after YC
“We were just at a Y Combinator. It was 2000. 10, we'd just raised, I mean, we had just closed, so we'd, we'd only been running the company for a matter of months, and we got an offer for about seventeen million dollars valuation to buy the company from let's j…”
Lloyd Armbrust Apr 6, 2019 ▶ 15:22 1351 Why OwnLocal CEO Turned Down $17m Offer to Keep Helping Newspapers Digitize
Apr 6, 2019
Assertion Not checkable as stated
Armbrust: OwnLocal serves 4 billion monthly ad impressions
“So we do, you know, about four billion impressions a month on this ad network that we basically own and operate.”
Lloyd Armbrust Apr 6, 2019 ▶ 8:11 1351 Why OwnLocal CEO Turned Down $17m Offer to Keep Helping Newspapers Digitize
Apr 6, 2019
Assertion Not checkable as stated
Armbrust: OwnLocal generated roughly $110M for newspaper partners in 2017
“In 2017, I think it was something like a hundred and ten million dollars. We made our newspaper partners with that ad position.”
Lloyd Armbrust Apr 6, 2019 ▶ 8:56 1351 Why OwnLocal CEO Turned Down $17m Offer to Keep Helping Newspapers Digitize
Apr 6, 2019 neutral
Assertion Not checkable as stated
Armbrust reveals 50% of OwnLocal advertisers churn after a single ad
“And this is something like 50% of our ads. So we'll see that customer one time. And those customers, that, that is a really high churn rate for us. So month over month, like we're looking at almost 50%. We never see that customer again. But then we have this c…”
Lloyd Armbrust Apr 6, 2019 ▶ 10:44 1351 Why OwnLocal CEO Turned Down $17m Offer to Keep Helping Newspapers Digitize
Apr 6, 2019
Assertion Not checkable as stated
Armbrust: OwnLocal generated $11 million in revenue in 2017
“Yeah, we did eleven million dollars in, in in 2017.”
Lloyd Armbrust Apr 6, 2019 ▶ 7:41 1351 Why OwnLocal CEO Turned Down $17m Offer to Keep Helping Newspapers Digitize
Apr 6, 2019
Assertion Not checkable as stated
OwnLocal works with over 100,000 businesses per quarter
“We're working with over a 100,000 businesses a month or a quarter rather.”
Lloyd Armbrust Apr 6, 2019 ▶ 12:46 1351 Why OwnLocal CEO Turned Down $17m Offer to Keep Helping Newspapers Digitize
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