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Styla

11 statements across 1 episodes · 2 bullish · 0 bearish · 1 people on the record · first statement Apr 22, 2020 by Franz Riedel · said 12 times in 1 episodes since 2020 · across every show →

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brought up most by Nathan Latka (12)

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2020 12 mentions in 1 episode

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Everything said about Styla, oldest first

Apr 22, 2020
Disclosure
Riedel: Styla is targeting a $5M to $10M funding round
“Somewhere between five and ten million.”
Franz Riedel Apr 22, 2020 ▶ 15:39 1733 They're Raising $5m Right Now on $3.6m in ARR
Apr 22, 2020
Disclosure
Riedel: Styla had roughly 2.5% monthly net negative churn
“Last last six months it was probably 2.5 negative per month.”
Franz Riedel Apr 22, 2020 ▶ 11:29 1733 They're Raising $5m Right Now on $3.6m in ARR
Apr 22, 2020
Disclosure
Styla's Customer Acquisition Cost is Roughly $25,000
“And the customer acquisition cost, well, it's a bit higher because we have some other channels. It's around 25,000.”
Franz Riedel Apr 22, 2020 ▶ 10:37 1733 They're Raising $5m Right Now on $3.6m in ARR
Apr 22, 2020 positive
Disclosure
Styla Spends $15K-$20K Per Trade Show, Closing At Least One Deal
“It's probably 15 15,000 to 20,000 a month 20,000 per trade show, and well, we usually get at least one deal out of a trade show”
Franz Riedel Apr 22, 2020 ▶ 8:51 1733 They're Raising $5m Right Now on $3.6m in ARR
Apr 22, 2020
Disclosure
Styla Generates 97% of Revenue From Pure SaaS Subscriptions
“Well, we have a very, very small portion of professional services, but it's 90 seven percent SaaS technologies. That's revenue.”
Franz Riedel Apr 22, 2020 ▶ 2:15 1733 They're Raising $5m Right Now on $3.6m in ARR
Apr 22, 2020
Disclosure
Riedel: Styla has raised around $4.5M to date
“Around four and a half million dollars.”
Franz Riedel Apr 22, 2020 ▶ 13:56 1733 They're Raising $5m Right Now on $3.6m in ARR
Apr 22, 2020 bullish
Assertion Not checkable as stated
Riedel: Styla grew revenue from $2M to roughly $3.5M ARR
“Around two million. So we, Grew over the last month from around two million to 3.5 roughly now and a bit of a slow start into the last year, but we're pretty happy with where we are now.”
Franz Riedel Apr 22, 2020 ▶ 6:48 1733 They're Raising $5m Right Now on $3.6m in ARR
Apr 22, 2020
Disclosure
Riedel: Styla has about six months of cash runway remaining
“And so now we still have about half a year.”
Franz Riedel Apr 22, 2020 ▶ 15:24 1733 They're Raising $5m Right Now on $3.6m in ARR
Apr 22, 2020
Disclosure
Styla Customers Pay an Average of $3,000 Per Month
“Let's say at 3000. So it ranges from around a thousand to now with our latest product line that we launched up to 25,000 a month. So that's a pretty huge range. Yeah. But on average, 3000.”
Franz Riedel Apr 22, 2020 ▶ 3:36 1733 They're Raising $5m Right Now on $3.6m in ARR
Apr 22, 2020
Disclosure
Riedel: Styla is burning $100K to $150K per month
“No, it's between a hundred and a 150.”
Franz Riedel Apr 22, 2020 ▶ 15:00 1733 They're Raising $5m Right Now on $3.6m in ARR
Apr 22, 2020
Disclosure
Riedel: Styla gross churn averaged around 1.3% monthly last year
“Gross churn on average was around 1.3 last year.”
Franz Riedel Apr 22, 2020 ▶ 13:00 1733 They're Raising $5m Right Now on $3.6m in ARR
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