Ray Grainger

4 statements across 1 episodes · 1 bullish · 0 bearish · 1 people on the record · first statement Nov 16, 2016 by Ray Grainger · said 3 times in 2 episodes since 2016 · across every show →

On the record as a speaker too: Ray Grainger's record, appearances and statements → this page counts the times other people say the name.

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Everything said about Ray Grainger, oldest first

Nov 16, 2016
Disclosure
Mavenlink spent nearly $1M in self-funding before monetizing
“Probably by the time we got to beginning monetizing the business, we'd probably spent nearly a million dollars.”
Ray Grainger Nov 16, 2016 ▶ 7:40 EP 479: $45M Raised, 5000+ Project Management Customers with Mavenlink CEO Ray Grainger
Nov 16, 2016 positive
Disclosure
Grainger: Mavenlink acquires dozens of businesses monthly at near-zero CAC
“We acquire a great number of customers for free. And when I say largely, I mean, these are, you know, dozens and dozens and dozens of new businesses every single month at zero acquisition costs for all intents and purposes, other than the cost of producing con…”
Ray Grainger Nov 16, 2016 ▶ 12:40 EP 479: $45M Raised, 5000+ Project Management Customers with Mavenlink CEO Ray Grainger
Nov 16, 2016
Disclosure
Grainger funded Mavenlink for three years by selling his Accenture stock
“Just before we started the company, I had sold a lot of my, not a lot, but enough of my Accenture stock. I was a, I had founder's stock at the time. Oh, great. Did well there. And sold some stock that funded our company for three years.”
Ray Grainger Nov 16, 2016 ▶ 7:01 EP 479: $45M Raised, 5000+ Project Management Customers with Mavenlink CEO Ray Grainger
Nov 16, 2016 neutral
Insight
A 12-18 month CAC payback works if customers stay three years
“Manage it by channel and really look at the payback. And if you can get it, you know, As you're scaling your company, we're from 12 to 18 month payback on that acquisition cost. If you keep your customers longer than three years, you're in good shape.”
Ray Grainger Nov 16, 2016 ▶ 13:25 EP 479: $45M Raised, 5000+ Project Management Customers with Mavenlink CEO Ray Grainger
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