Steli Efti

10 statements across 1 episodes · 2 bullish · 1 bearish · 1 people on the record · first statement Oct 30, 2016 by Steli Efti · said 14 times in 6 episodes since 2016 · across every show →

On the record as a speaker too: Steli Efti's record, appearances and statements → this page counts the times other people say the name.

Mentions by year

brought up most by Nathan Latka (8), Peter Coppinger (6)

tap a year for its mentions
003263201620172018episodesmentions
023201620172018episodes it came up in
0031.563201620172018episodesmentions per episode
2018 6 mentions in 1 episode
2017 4 mentions in 3 episodes 1 per episode
2016 4 mentions in 2 episodes 2 per episode

every mention, scene by scene, with the transcript →

Everything said about Steli Efti, oldest first

Oct 30, 2016
Insight
Efti: Channel testing requires pre-planning for ambiguous results
“And I think one of the most important things that, that I teach people and the thing that we've learned to do is to plan for all three scenarios and say, okay, what does success look like and failure, but what is the in between? And what do we do if the first …”
Steli Efti Oct 30, 2016 ▶ 18:43 EP 463: Close.io More Than $200k MRR, 500 Customers, $400 ARPU with CEO Steli Efti Who Wont Sell for $40M
Oct 30, 2016
Insight
Selling incomplete software reveals actual customer demand and prioritizes product roadmaps
“What we did is we said we have one very unique, strong thing that the product does. If people really care, they'll buy even if it's really insufficient in many other areas. Like we sold sales software that didn't have any reporting in it. And people still boug…”
Steli Efti Oct 30, 2016 ▶ 14:03 EP 463: Close.io More Than $200k MRR, 500 Customers, $400 ARPU with CEO Steli Efti Who Wont Sell for $40M
Oct 30, 2016
Disclosure
Steli Efti raised over $1M immediately after graduating from Y Combinator
“We raised raised a little bit over a million a few weeks after graduating from YC.”
Steli Efti Oct 30, 2016 ▶ 9:23 EP 463: Close.io More Than $200k MRR, 500 Customers, $400 ARPU with CEO Steli Efti Who Wont Sell for $40M
Oct 30, 2016
Assertion Not checkable as stated
Close.io's average customer pays between $400 and $500 per month
“The average per month is probably, you know, in the four or 500 dollars.”
Steli Efti Oct 30, 2016 ▶ 6:03 EP 463: Close.io More Than $200k MRR, 500 Customers, $400 ARPU with CEO Steli Efti Who Wont Sell for $40M
Oct 30, 2016
Insight
Churning a bad-fit customer is entirely a marketing and sales failure
“Well, that is a tragedy still, because why the fuck did we close them in the first place? What did we do wrong in our marketing? What do we do wrong on our sales to never indicate that this should, this is a customer that shouldn't buy our product. We did some…”
Steli Efti Oct 30, 2016 ▶ 12:29 EP 463: Close.io More Than $200k MRR, 500 Customers, $400 ARPU with CEO Steli Efti Who Wont Sell for $40M
Oct 30, 2016 negative
Disclosure
Steli Efti refuses to sell Close.io for $40 million
“Not even close.”
Steli Efti Oct 30, 2016 ▶ 19:38 EP 463: Close.io More Than $200k MRR, 500 Customers, $400 ARPU with CEO Steli Efti Who Wont Sell for $40M
Oct 30, 2016
Assertion Not checkable as stated
Efti: Close.io generates millions in revenue with under 20 employees
“It's a very small team. We're less than 20 people and we're driving many, many millions in revenue and are competing with massive organizations.”
Steli Efti Oct 30, 2016 ▶ 2:10 EP 463: Close.io More Than $200k MRR, 500 Customers, $400 ARPU with CEO Steli Efti Who Wont Sell for $40M
Oct 30, 2016
Assertion Not checkable as stated
Efti confirms Close.io generates at least $200,000 in MRR
“That is for sure.”
Steli Efti Oct 30, 2016 ▶ 7:49 EP 463: Close.io More Than $200k MRR, 500 Customers, $400 ARPU with CEO Steli Efti Who Wont Sell for $40M
Oct 30, 2016 bullish
Assertion Not checkable as stated
Efti: Close.io's fully weighted CAC is under $1,000
“It is less on the ground.”
Steli Efti Oct 30, 2016 ▶ 17:28 EP 463: Close.io More Than $200k MRR, 500 Customers, $400 ARPU with CEO Steli Efti Who Wont Sell for $40M
Oct 30, 2016 positive
Disclosure
Efti: Close.io is profitable, self-funded, and took zero venture funding
“We're running a profitable self-funded business at this point, and Close.io never got a dollar in venture funding in one way or another.”
Steli Efti Oct 30, 2016 ▶ 8:22 EP 463: Close.io More Than $200k MRR, 500 Customers, $400 ARPU with CEO Steli Efti Who Wont Sell for $40M
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