Seven Lakes Technologies

“I know up until the point the company had sold Around hundred million dollars in services. So he had a course of years, right?”

“They have, I think, 2500 or 2000 now. So it's so it's the number of users within ExxonMobil.”

“We went from zero to 3.5 to five, five to seven and flat.”

“Before we even hit into 2021 or even launched the product, we had two dozen real solid companies saying, if you, once you launch it fully and you get a couple of folks saying yes, we're in, put us in the trial. So now what we have is a backlog of folks wanting…”

“So still is in the high nineties. So it's right now at 95 to 97. It's it. I say that because I'm, I haven't gotten the latest numbers from my net retention or growth. Net retention.”

“This year is going to be we've budgeted, no, so it won't be this year, and I'll explain a couple of reasons why last year when we remained flat, this year what we did, last year what we did was sitting down with Shiva, we said, you know what, we're going enter…”

“Well, the company was doing services in 2009, all the way till 2015. We, this is before the first oil price dip and we raised a twenty million dollars in series A.”

“We were cashflow positive in 2018, so I will say we've got an extremely awesome CFO and CEO who've been very diligent in ensuring that we aren't Adding more people and cost without the ability to demonstrate.”

“Let's just say we have 90 employees. 50 of them are engineers because we knew there was so much innovation we needed to do.”

“They were using grease sheets and paper to be able to drive millions, if not billions of oil production data from the place of where the oil is produced to the office space. So your entire inventory and production and everything else is run on grease sheets an…”

“So what the market is now saying to the industry is, Hey, look, You can't just do production. You need to show me free cashflow. You need to be able to demonstrate operational efficiency, which means what you can't just, when the oil price goes down, just, you…”

“We have about 10,012 thousand plus users on our system, and I would approximate ah, wells somewhere closer to 80. 80,000 wells, maybe?”

“The thing that I never saw coming that was Fabulous was in the trenches were executive level ExxonMobil, ConocoPhillips, giving us market knowledge that they weren't giving the competitors, helping us in deals, giving us competitive intelligence, being more pr…”

“We hit the ground running with 2.2 million dollars ARR, 60 new logos added”

“The Indian average Bangalore average attrition rates about 29 percent or so. Ours was at its best 11%.”

“This was, like I said, a solid fifteen million dollar revenue services company.”

“So what we did was, we created a six month program to say, look guys, you self enroll, you self exit. This is you saying you want to do this, right? Full agency. And you get creative ownership, front of board, executive coaching. These are folks taking on some…”