Process Street

10 statements across 1 episodes · 4 bullish · 0 bearish · 1 people on the record · first statement Jun 30, 2017 by Vinay Patankar · said 15 times in 1 episodes since 2017 · across every show →

Mentions by year

brought up most by Nathan Latka (13), Vinay Patankar (2)

mentionsepisodesper episode tap a year for its mentions

2017 15 mentions in 1 episode

706: This 31 Year Old Raised $1.3M To Help You Be More Efficient Jun 30, 2017 · 15 mentions · from 0:52
every mention in 2017, scene by scene →

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Everything said about Process Street, oldest first

Jun 30, 2017 neutral

Assertion Partly supported

Patankar: AngelPad invested $55K for 6% equity in Process Street

“I believe angel pad has changed it many times over their cohorts, but when we did, it was like, Six for 55. So six percent for 55 K. Yep.”

Vinay Patankar Jun 30, 2017 ▶ 4:52 706: This 31 Year Old Raised $1.3M To Help You Be More Efficient

Jun 30, 2017 bullish

Disclosure

Patankar: Process Street acquires customers for ~$150 via SEO

“It's about a 150 dollars right now.”

Vinay Patankar Jun 30, 2017 ▶ 8:35 706: This 31 Year Old Raised $1.3M To Help You Be More Efficient

Jun 30, 2017

Assertion Supported

Patankar: Process Street charges $15 per user monthly

“You can see our pricing on the website, which is currently 15 dollars user a month.”

Vinay Patankar Jun 30, 2017 ▶ 3:08 706: This 31 Year Old Raised $1.3M To Help You Be More Efficient

Jun 30, 2017

Assertion Not checkable as stated

Patankar: Process Street has between 500 and 1,000 paying customer accounts

“We're between 500 and a thousand.”

Vinay Patankar Jun 30, 2017 ▶ 12:29 706: This 31 Year Old Raised $1.3M To Help You Be More Efficient

Jun 30, 2017 bullish

Disclosure

Patankar: Process Street targets 2018 Series A at $1.5M-$2.5M ARR

“So we want to raise an a round say kind of Q on Q two next year. And the typical range for that is, you know, 1.5 to 2.5 ARR. Kind of for a rounds at the moment. So that's kind of the range of our target.”

Vinay Patankar Jun 30, 2017 ▶ 13:04 706: This 31 Year Old Raised $1.3M To Help You Be More Efficient

Jun 30, 2017

Disclosure

Patankar: Process Street offers two-year contracts for upfront cash

“We even do two year contracts as well on some of the bigger deals just to get that cash up front.”

Vinay Patankar Jun 30, 2017 ▶ 3:47 706: This 31 Year Old Raised $1.3M To Help You Be More Efficient

Jun 30, 2017 positive

Assertion Not checkable as stated

Patankar: Expansion revenue is 20% to 30% of Process Street's monthly new revenue

“For us, it's about, depending on the month, it's between 20 and 30%.”

Vinay Patankar Jun 30, 2017 ▶ 10:35 706: This 31 Year Old Raised $1.3M To Help You Be More Efficient

Jun 30, 2017 neutral

Disclosure

Patankar: Process Street prioritizing conversion infrastructure before top-of-funnel marketing spend

“So we're kind of, we're investing deeper in the funnel versus investing at the top of the funnel because until our whole sales infrastructure is, is really strong, we don't want to continue pouring money in, in, in, in the top of the funnel.”

Vinay Patankar Jun 30, 2017 ▶ 9:32 706: This 31 Year Old Raised $1.3M To Help You Be More Efficient

Jun 30, 2017 bullish

Disclosure

Patankar: Blog hits 200,000 monthly visits on flat marketing spend

“So now our blog probably gets around 200,000 visits a month. You know, and that's grown Kind of doubled each year and the spend is pretty much being the same throughout that whole time.”

Vinay Patankar Jun 30, 2017 ▶ 7:51 706: This 31 Year Old Raised $1.3M To Help You Be More Efficient

Jun 30, 2017

Disclosure

Patankar: Process Street average contract is $2,000 with a $150 minimum

“That's our average, average deal size, but our minimum is, is a one seat user, which is a 150 bucks.”

Vinay Patankar Jun 30, 2017 ▶ 8:52 706: This 31 Year Old Raised $1.3M To Help You Be More Efficient

Process Street

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