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Sigilent

11 statements across 1 episodes · 4 bullish · 0 bearish · 1 people on the record · first statement May 6, 2018 by Vijay Bassani · said 3 times in 1 episodes since 2018 · across every show →

Mentions by year

brought up most by Nathan Latka (3)

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2018 3 mentions in 1 episode

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Everything said about Sigilent, oldest first

May 6, 2018 positive
Assertion Not checkable as stated
Bassani: Cygilant has an annual logo churn of 2% to 5%
“On a dollar basis, on a logo basis, we probably have, you know, anywhere from two to five percent churn rate.”
Vijay Bassani May 6, 2018 ▶ 9:57 1016 How He Managed Launching 2 $100m+ Companies At Once
May 6, 2018 bullish
Disclosure
Bassani: Cygilant targets 70%+ gross margin despite service component
“We also have actually service component attached to it. We are driving towards a 70 plus percent gross margin.”
Vijay Bassani May 6, 2018 ▶ 15:12 1016 How He Managed Launching 2 $100m+ Companies At Once
May 6, 2018 positive
Assertion Not checkable as stated
Bassani: Cygilant operates at net negative revenue churn
“Yes, and the dollar churn rate, including the expansion and cross-sell, it's, we have negative churn rate.”
Vijay Bassani May 6, 2018 ▶ 10:08 1016 How He Managed Launching 2 $100m+ Companies At Once
May 6, 2018 bullish
Prediction Not checkable as stated
Bassani: Cygilant expects to become cashflow positive in 2019
“We expect to be cashflow positive sometime next year.”
Vijay Bassani May 6, 2018 ▶ 14:38 1016 How He Managed Launching 2 $100m+ Companies At Once
May 6, 2018
Assertion Not checkable as stated
Bassani: Cygilant's customer payback period is over 20 months
“We are close at about 20 plus.”
Vijay Bassani May 6, 2018 ▶ 9:11 1016 How He Managed Launching 2 $100m+ Companies At Once
May 6, 2018 neutral
Disclosure
Bassani: Cygilant pays channel partners 10% to 30% of ACV
“We tend to give anywhere from 10 to 30% of the ACV.”
Vijay Bassani May 6, 2018 ▶ 8:41 1016 How He Managed Launching 2 $100m+ Companies At Once
May 6, 2018
Assertion Not checkable as stated
Bassani: Cygilant's average customer pays $25k to $50k annually
“We tend to focus on sub five percent employee company segment. And the average payment is anywhere from, you know, 25,000 dollars to 50,000 dollars per year.”
Vijay Bassani May 6, 2018 ▶ 1:56 1016 How He Managed Launching 2 $100m+ Companies At Once
May 6, 2018 neutral
Disclosure
Bassani: Cygilant has raised a total of $38M to date
“Initially, we bootstrapped, and then we raised our money. To date, we have raised a total of thirty-eight million dollars.”
Vijay Bassani May 6, 2018 ▶ 7:12 1016 How He Managed Launching 2 $100m+ Companies At Once
May 6, 2018 neutral
Assertion Not checkable as stated
Bassani: Cygilant's fully weighted CAC is $40,000 to $50,000
“Something around, around that 40 to 50 grand is gonna be our, you know, tack.”
Vijay Bassani May 6, 2018 ▶ 13:30 1016 How He Managed Launching 2 $100m+ Companies At Once
May 6, 2018 neutral
Assertion Not checkable as stated
Bassani: 75% of mid-market companies have two or fewer security staff
“In our survey, we found out that 75% of these market segment customers tend to have two or less security professionals on their team.”
Vijay Bassani May 6, 2018 ▶ 5:12 1016 How He Managed Launching 2 $100m+ Companies At Once
May 6, 2018 neutral
Disclosure
Bassani: Cygilant reaches total headcount of 170 employees
“In total, we have 170 people in the company.”
Vijay Bassani May 6, 2018 ▶ 8:06 1016 How He Managed Launching 2 $100m+ Companies At Once
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