PlatformOS

10 statements across 1 episodes · 4 bullish · 0 bearish · 1 people on the record · first statement Nov 11, 2019 by Adam Broadway · said 10 times in 1 episodes since 2019 · across every show →

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brought up most by Adam Broadway (6), Nathan Latka (4)

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Everything said about PlatformOS, oldest first

Nov 11, 2019 bullish
Disclosure
PlatformOS plans to seek strategic investment rather than venture rounds
“We, I think, you know, throwing some fuel on the fire would be useful in the year ahead and I think some strategic investment for them from the right type of people, and that may even be some of our large enterprise clients might well come in and say, Hey, we …”
Adam Broadway Nov 11, 2019 ▶ 16:40 1570 How This $2m ARR CEO Gives Enterprises Their Own Version of Facebook
Nov 11, 2019 neutral
Assertion Not checkable as stated
Broadway: PlatformOS has roughly 150 active live customer sites
“Active live, I would say a 150, about half.”
Adam Broadway Nov 11, 2019 ▶ 8:12 1570 How This $2m ARR CEO Gives Enterprises Their Own Version of Facebook
Nov 11, 2019 positive
Assertion Not checkable as stated
PlatformOS annual gross churn has decreased to roughly 5%
“Oh, we haven't we probably have about a, it's down to around five percent and going less because of the annually.”
Adam Broadway Nov 11, 2019 ▶ 12:07 1570 How This $2m ARR CEO Gives Enterprises Their Own Version of Facebook
Nov 11, 2019 positive
Disclosure
UiPath runs its marketplace on PlatformOS
“And they are now running their marketplace on our platform, as well as a whole bunch of other things.”
Adam Broadway Nov 11, 2019 ▶ 4:57 1570 How This $2m ARR CEO Gives Enterprises Their Own Version of Facebook
Nov 11, 2019
Disclosure
Broadway: PlatformOS prices purely on usage like AWS
“It's purely usage. Very similar to the AWS model. So we just go based on how many computational cycles, how many API calls, how much data is uploaded.”
Adam Broadway Nov 11, 2019 ▶ 14:45 1570 How This $2m ARR CEO Gives Enterprises Their Own Version of Facebook
Nov 11, 2019
Assertion Not checkable as stated
PlatformOS enterprise clients pay up to $15,000 per month
“We've got a lot of solid enterprise clients, and they're monthlies or anything up to 15 K a month.”
Adam Broadway Nov 11, 2019 ▶ 11:05 1570 How This $2m ARR CEO Gives Enterprises Their Own Version of Facebook
Nov 11, 2019
Assertion Not checkable as stated
Broadway: PlatformOS SaaS revenue is evenly split between SMB and enterprise
“So half of it's coming from the SMB mid-tier market, and half of it's coming from our enterprise clients.”
Adam Broadway Nov 11, 2019 ▶ 10:56 1570 How This $2m ARR CEO Gives Enterprises Their Own Version of Facebook
Nov 11, 2019 neutral
Disclosure
PlatformOS was completely bootstrapped without outside venture funding
“Bootstrapped. We have, we've been Putting our own money in as far as working hard, getting real customers, solving real problems, and working with it.”
Adam Broadway Nov 11, 2019 ▶ 7:50 1570 How This $2m ARR CEO Gives Enterprises Their Own Version of Facebook
Nov 11, 2019
Assertion Not checkable as stated
PlatformOS acquired all customers organically with zero paid advertising
“Well, everything so far has been organic, so we haven't done any formalized advertising.”
Adam Broadway Nov 11, 2019 ▶ 15:51 1570 How This $2m ARR CEO Gives Enterprises Their Own Version of Facebook
Nov 11, 2019 bullish
Assertion Not checkable as stated
PlatformOS boasts net revenue retention of over 120%
“I would say, yeah, I would say at the low, low end of a hundred, 120%. It's definitely just over.”
Adam Broadway Nov 11, 2019 ▶ 15:25 1570 How This $2m ARR CEO Gives Enterprises Their Own Version of Facebook
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