ProjectCOR

“So we're gonna invest 70% growth, which is like marketing, like all lead gen marketing, pre-sales, sales, and post-sales. And then we're gonna allocate 30% of the capital to product, which is already very robust and working pretty well with a great, like custo…”

“Acquisition? We had two.”

“What we understood is that in the billable hours market, like all companies that sell hours, Project management is not a problem. The real problem that is behind project management is projects profitability.”

“Today, our ACV is 19,000 dollars per year. Yeah, but of course we have, like, enterprise customers that have, like, are paying us over 100 K per year, and we have some now, we have a lot of SMBs who are paying, I don't know, like, five K a year.”

“Today we have 115 clients more or less.”

“Our last 12 months churn is four percent.”

“So we sell to agencies, to consulting firms, to law firms, accounting firms, these companies that are selling hours, they need to understand their profitability on a, in real time.”

“80% of our current customers have switched from tools like Asana, Trello, Monday, ClickUp you name them, Jira, Trello.”

“Net revenue retention is 114%.”

“We were growing at a nine, 9.8% month over month. So we, I mean, that's like kind of doing 171 180% year over year. That's like tripling revenue year over year.”

“Our goal this year is to get, to continue growing into this nine, nine, over nine percent by the month, and this will help us achieve. Our goal is to be over two million dollars in ARR.”

“I mean like, 10 K to just, like, get the a minimum MVP, a minimum buy-all product get it, like, up and running. It was awful, but we launched it, and we had, like, three, three to four customers with that and that's how we got into 500.”

“We raised two million and then we raised four at different valuations, different terms, the same round, but we were, yeah, as we were growing, we decided to split terms and yeah, for the last four million, we got diluted like 10%.”

“Normally between 3.5 and four X quota versus OTE. So we normally do OTE half and half for sales reps. Half and half means if you have an OTE of 150 K, it's 75 salary, 75 commission. And then your quota is going to be like 3.5 or four X, that amount.”