Qebot

11 statements across 1 episodes · 4 bullish · 0 bearish · 1 people on the record · first statement Jul 30, 2020 by Matthew White · said 14 times in 1 episodes since 2020 · across every show →

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2020 14 mentions in 1 episode

Qebot Raising $1.5m With $1.2m in ARR Helping 1500 SMB's Be More Productive Jul 30, 2020 · 14 mentions · from 1:36
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Everything said about Qebot, oldest first

Jul 30, 2020 bullish

Prediction Not checkable as stated

White: $1.5M raise will fund 22-month runway to reach $2M MRR

“That's kind of what it looks like we should need to take us for a 22 months and grow our revenues to what we think could be an average of about two million MRR.”

Matthew White Jul 30, 2020 ▶ 16:57 Qebot Raising $1.5m With $1.2m in ARR Helping 1500 SMB's Be More Productive

Jul 30, 2020 neutral

Assertion Not checkable as stated

White: Qebot generates an average of $65 monthly per small business

“Most of the average per like small business right now is sitting right about 65 dollars a month because it's all the card you can pick and choose.”

Matthew White Jul 30, 2020 ▶ 4:07 Qebot Raising $1.5m With $1.2m in ARR Helping 1500 SMB's Be More Productive

Jul 30, 2020 neutral

Disclosure

Qebot has raised only $50,000 in outside capital to date

“Only 50,000 dollars.”

Matthew White Jul 30, 2020 ▶ 8:04 Qebot Raising $1.5m With $1.2m in ARR Helping 1500 SMB's Be More Productive

Jul 30, 2020 positive

Disclosure

Qebot is operating at cash flow break-even

“We're right at about break even. no, we're actually right at about zero.”

Matthew White Jul 30, 2020 ▶ 9:34 Qebot Raising $1.5m With $1.2m in ARR Helping 1500 SMB's Be More Productive

Jul 30, 2020 bullish

Assertion Not checkable as stated

White: Qebot signed three new 1,000-client agency accounts

“From what we're seeing with these new agencies that we've signed three new agencies, just three of those five or a thousand location agencies, a thousand client agencies that are going live this month or next month.”

Matthew White Jul 30, 2020 ▶ 17:19 Qebot Raising $1.5m With $1.2m in ARR Helping 1500 SMB's Be More Productive

Jul 30, 2020 positive

Assertion Not checkable as stated

White: Qebot has near-zero churn among direct SMB clients

“So we do have some churn when it comes from the marketing agencies, just because the marketing agency has a regular churn, but from our direct clients, SMBs, our churn is basically zero. We really don't lose anything from the franchises, from the small, medium…”

Matthew White Jul 30, 2020 ▶ 11:07 Qebot Raising $1.5m With $1.2m in ARR Helping 1500 SMB's Be More Productive

Jul 30, 2020 neutral

Assertion Not checkable as stated

White: Qebot spends roughly $120 to acquire each marketing agency

“We're seeing right now for an agency, it's typically costing us about a hundred, a 120 dollars to bring on an agency. That is including, like, what we calculated in the sales cost of, you know, myself or one of the other people doing the demos, running through…”

Matthew White Jul 30, 2020 ▶ 15:02 Qebot Raising $1.5m With $1.2m in ARR Helping 1500 SMB's Be More Productive

Jul 30, 2020

Disclosure

White: 1,100 of Qebot's 1,500 accounts come from partner agencies

“Yeah, so I'd say probably, I want to say like probably 1100 of those are from agencies.”

Matthew White Jul 30, 2020 ▶ 12:00 Qebot Raising $1.5m With $1.2m in ARR Helping 1500 SMB's Be More Productive

Jul 30, 2020

Disclosure

White: Qebot generates revenue by taking margins on resold SaaS tools

“We make money by integrating all these different applications into one single platform makes it just a lot more simple for our clients to manage all their SaaS tools, and then we make money by reselling those tools and taking a margin of the revenue off of eac…”

Matthew White Jul 30, 2020 ▶ 2:25 Qebot Raising $1.5m With $1.2m in ARR Helping 1500 SMB's Be More Productive

Jul 30, 2020 neutral

Disclosure

Qebot operates with a team of six employees

“Yeah, we only have six right now. So we're able to run very lean as an organization”

Matthew White Jul 30, 2020 ▶ 9:55 Qebot Raising $1.5m With $1.2m in ARR Helping 1500 SMB's Be More Productive

Jul 30, 2020 neutral

Assertion Not checkable as stated

Qebot has 1,500 to 2,000 SMB locations on its platform

“Altogether, though, from the S&B model, what we're looking at, and this is going to vary quite a bit, we're sitting right around the 1500 to 2000 mark.”

Matthew White Jul 30, 2020 ▶ 5:08 Qebot Raising $1.5m With $1.2m in ARR Helping 1500 SMB's Be More Productive

Qebot

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