Siftrock

8 statements across 1 episodes · 5 bullish · 1 bearish · 1 people on the record · first statement Nov 8, 2018 by Adam Schoenfeld · said 18 times in 2 episodes since 2016 · across every show →

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brought up most by Nathan Latka (18)

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Everything said about Siftrock, oldest first

Nov 8, 2018 positive
Assertion Not checkable as stated
Schoenfeld: Siftrock Has 99.5% Gross Dollar Renewal Rate
“If I just look at everybody who's renewed over the last 18 months, we have a 99.5% dollar gross renewal rate”
Adam Schoenfeld Nov 8, 2018 ▶ 17:22 1202 He Raised $20m+ in First Company, Now Bootstrapping in B2B Sales Tech Space, $1m in ARR
Nov 8, 2018 positive
Assertion Not checkable as stated
Schoenfeld: Siftrock reached $1M ARR bootstrapped with 5 employees
“I mean, a six employee, we just hired our sixth employee. So you know, functionally a five employee company reaching a million of ARR on zero capital.”
Adam Schoenfeld Nov 8, 2018 ▶ 8:10 1202 He Raised $20m+ in First Company, Now Bootstrapping in B2B Sales Tech Space, $1m in ARR
Nov 8, 2018 positive
Assertion Not checkable as stated
Schoenfeld: Siftrock CAC is half of ACV with six-month payback
“Yeah, so it's about half of what our ACV is. It takes us about six months to pay it back. So call, I mean, it fluctuates, you know, some quarters it's four, some it's eight, right?”
Adam Schoenfeld Nov 8, 2018 ▶ 15:57 1202 He Raised $20m+ in First Company, Now Bootstrapping in B2B Sales Tech Space, $1m in ARR
Nov 8, 2018
Assertion Not checkable as stated
Schoenfeld: Siftrock ACV averages $7,500 per year
“Yeah, so on average, existing business, it's 7500 per year.”
Adam Schoenfeld Nov 8, 2018 ▶ 6:24 1202 He Raised $20m+ in First Company, Now Bootstrapping in B2B Sales Tech Space, $1m in ARR
Nov 8, 2018 positive
Assertion Not checkable as stated
Schoenfeld: Siftrock Net Dollar Retention Is Around 135%
“Net's like one 35.”
Adam Schoenfeld Nov 8, 2018 ▶ 17:42 1202 He Raised $20m+ in First Company, Now Bootstrapping in B2B Sales Tech Space, $1m in ARR
Nov 8, 2018 negative
Disclosure
Schoenfeld: Siftrock would reject a $5 million acquisition offer today
“Not for five. I mean, everybody's got some number, right? I'm not going to share it on your show here, but I think we are building the business as if we're going to be doing this in And if those conversations happen, like we'll, we'll entertain them.”
Adam Schoenfeld Nov 8, 2018 ▶ 19:53 1202 He Raised $20m+ in First Company, Now Bootstrapping in B2B Sales Tech Space, $1m in ARR
Nov 8, 2018 bullish
Assertion Not checkable as stated
Schoenfeld: Siftrock grew from $100K to $1M ARR in 18 months
“I mean, we went, we, it took us 18 months to go from basically a hundred K to a million of AOR. So, you know, when I came in, we were about a hundred K of just what he'd cobbled together. And, you know, we just crossed the 1,000,018 months after.”
Adam Schoenfeld Nov 8, 2018 ▶ 13:33 1202 He Raised $20m+ in First Company, Now Bootstrapping in B2B Sales Tech Space, $1m in ARR
Nov 8, 2018 neutral
Disclosure
Schoenfeld: Siftrock cap table gives him true co-founder equity
“No, no, I'm a true co-founder in that sense. I mean, obviously we tilted it a little bit for, you know, him and the sacrifices he's made, but it's a, it would be a typical, you know, if we had started the company and I had to pay for that, right?”
Adam Schoenfeld Nov 8, 2018 ▶ 10:27 1202 He Raised $20m+ in First Company, Now Bootstrapping in B2B Sales Tech Space, $1m in ARR
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