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SiteWit

11 statements across 1 episodes · 5 bullish · 0 bearish · 1 people on the record · first statement May 1, 2019 by Ricardo Lassa · said 23 times in 1 episodes since 2019 · across every show →

Mentions by year

brought up most by Nathan Latka (23)

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0112019episodes it came up in
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2019 23 mentions in 1 episode

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Everything said about SiteWit, oldest first

May 1, 2019 positive
Disclosure
Lassa: SiteWit's Series B pre-money valuation is about $36M
“So it's about that.”
Ricardo Lassa May 1, 2019 ▶ 15:59 1376 SMB Marketing space CEO: We're about to close $5m on a $36m valuation
May 1, 2019
Disclosure
SiteWit CEO: SiteWit has raised about $7M in total capital
“So total today, we've raised about a seven million dollars.”
Ricardo Lassa May 1, 2019 ▶ 6:58 1376 SMB Marketing space CEO: We're about to close $5m on a $36m valuation
May 1, 2019 neutral
Disclosure
Lassa: Almost all of SiteWit's business is driven by revenue-share partnerships
“Almost all our business through partnerships, but we have a revenue share model between everybody.”
Ricardo Lassa May 1, 2019 ▶ 14:20 1376 SMB Marketing space CEO: We're about to close $5m on a $36m valuation
May 1, 2019 bullish
Assertion Not checkable as stated
Lassa: SiteWit revenue has more than doubled annually
“It's been more than double you know, probably like every year, something like that.”
Ricardo Lassa May 1, 2019 ▶ 10:01 1376 SMB Marketing space CEO: We're about to close $5m on a $36m valuation
May 1, 2019 positive
Assertion Not checkable as stated
Lassa: SiteWit marketing platform operates with zero human intervention
“So there's no human intervention whatsoever. It's all machine based.”
Ricardo Lassa May 1, 2019 ▶ 4:05 1376 SMB Marketing space CEO: We're about to close $5m on a $36m valuation
May 1, 2019 neutral
Disclosure
Lassa: SiteWit charges a 20% management fee on ad spend
“And then how we make money with, we charge a percentage management fee for the platform. 20% of the retail price. So for example, if you're spending 200 dollars on Google we, for it goes towards our platform and the rest goes into Google ad spend.”
Ricardo Lassa May 1, 2019 ▶ 3:39 1376 SMB Marketing space CEO: We're about to close $5m on a $36m valuation
May 1, 2019 neutral
Assertion Not checkable as stated
Lassa: SiteWit paid customer annual churn averages 30% to 45%
“We're seeing an average churn of, let's say between 30 to 45%.”
Ricardo Lassa May 1, 2019 ▶ 11:40 1376 SMB Marketing space CEO: We're about to close $5m on a $36m valuation
May 1, 2019 neutral
Disclosure
Lassa: SiteWit customers pay an average net of $30 to $60 monthly
“So, so our customers end up paying us on average between, I would say, 30 to 60 dollars.”
Ricardo Lassa May 1, 2019 ▶ 5:51 1376 SMB Marketing space CEO: We're about to close $5m on a $36m valuation
May 1, 2019
Assertion Not checkable as stated
Lassa: SiteWit has 1.5M customers on its stats product
“We have a stats product, but we have a 1.5 million customers on the product.”
Ricardo Lassa May 1, 2019 ▶ 9:07 1376 SMB Marketing space CEO: We're about to close $5m on a $36m valuation
May 1, 2019 positive
Disclosure
Lassa: SiteWit is closing a $5M Series B round
“So we're actually on the final stages of closing a series B and it's going to be a total of about five million dollars.”
Ricardo Lassa May 1, 2019 ▶ 15:20 1376 SMB Marketing space CEO: We're about to close $5m on a $36m valuation
May 1, 2019 bullish
Prediction Not checkable as stated
Lassa: SiteWit will probably be world's largest independent marketing platform in 2019
“We're probably going to be the largest independent marketing platform in the world 2019.”
Ricardo Lassa May 1, 2019 ▶ 8:32 1376 SMB Marketing space CEO: We're about to close $5m on a $36m valuation
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