Scaleworks

“I think we bought the business. There was 32 staff, and it was doing a couple of million bucks. It was making money.”

“And since we took this business, which was March, 2016, we returned a profit every month. We've not lost money in a single month that we ran it.”

“We bought the business and would have had an ARPA sort of a low, you know, two-figure kind of ARPA. Now we're up to, say, you know, between five, 515 hundred per month would be our sort of sweet spot.”

“So we have about three and a half thousand customers. Month on month growth is about between three and five percent. We're tracking, we did 60% last year. We're tracking the same this year.”

“When I was at Earth Class Mail, Xeon sold that after 18 months to Scaleworks and then I stayed on for another 10 months and then just decided to come back into Xeon.”

“Xenon does smaller companies. So typically employee size under 10 or maybe under 20. Revenue size, you know, usually it's under five. It totally depends on the company. Whereas Scaleworks, their skill set is much more applicable to companies that really need t…”

“I borrowed 1.5 million dollars over three tranches from them.”

“Scaleworks is at four XMRR, he's at eight XMRR.”

“The terms on the Scaleworks deal was a four-year deal, 17% APR, so a little better, still for a year.”