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Surefire Local

18 statements across 2 episodes · 9 bullish · 0 bearish · 1 people on the record · first statement Aug 16, 2022 by Chris Marentis · said 35 times in 2 episodes since 2022 · across every show →

Mentions by year

brought up most by Chris Marentis (23), Nathan Latka (12)

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2022 35 mentions in 2 episodes 18 per episode

every mention, scene by scene, with the transcript →

Everything said about Surefire Local, oldest first

Aug 16, 2022 positive
Assertion Not checkable as stated
Surefire Local Quadrupled Monthly Bookings in Four Months Via Outbound
“Once we made that change, he actually, he said, Chris, hire me and give me six people in Austin. I'm going to show you what I can do. We quadrupled monthly bookings in four months.”
Chris Marentis Aug 16, 2022 ▶ 16:52 Just $10m raised to hit $30m in ARR, how the king of capital efficiency did it
Aug 16, 2022 positive
Assertion Not checkable as stated
Morentis: Surefire Local quadrupled its valuation after raising venture debt
“I, you know, quadrupled the valuation of my company for my investors and me, you know, so is it expensive?”
Chris Marentis Aug 16, 2022 ▶ 12:46 Just $10m raised to hit $30m in ARR, how the king of capital efficiency did it
Aug 16, 2022 neutral
Assertion Not checkable as stated
Morentis: Surefire Local net revenue retention is just below 100%
“No, we're not above a hundred percent. We're just below.”
Chris Marentis Aug 16, 2022 ▶ 19:28 Just $10m raised to hit $30m in ARR, how the king of capital efficiency did it
Aug 16, 2022 neutral
Assertion Supported
Morentis: Surefire Local Transitioned from Managed Services to Software
“We've been doing this for 10 years, and we also, a company, had to make a transition from managed services to now being a software company.”
Chris Marentis Aug 16, 2022 ▶ 1:34 Just $10m raised to hit $30m in ARR, how the king of capital efficiency did it
Aug 16, 2022 bullish
Prediction Not checkable as stated
Surefire Local will sustain 50%+ growth without raising new capital
“We'll be able to continue to grow, you know, above 50% without any other new capital.”
Chris Marentis Aug 16, 2022 ▶ 5:22 Just $10m raised to hit $30m in ARR, how the king of capital efficiency did it
Aug 16, 2022 bullish
Prediction Not checkable as stated
Surefire Local will exit 2022 at $30M ARR with 70% growth
“And we'll, and like I was telling you earlier, we'll exit this year about thirty million ARR, growing ARR at about 70%.”
Chris Marentis Aug 16, 2022 ▶ 4:49 Just $10m raised to hit $30m in ARR, how the king of capital efficiency did it
Aug 16, 2022 neutral
Assertion Not checkable as stated
Morentis: Surefire Local average customer price is $1,100 per month
“Well, we have a pretty big one. It's 11, 1100 a month.”
Chris Marentis Aug 16, 2022 ▶ 19:40 Just $10m raised to hit $30m in ARR, how the king of capital efficiency did it
Aug 16, 2022
Disclosure
Surefire Local holds $10M preferred equity stack after $6M cash raised
“We have, you know, about six million in, in cash that we raised. I acquired three companies along the way. So, you know, for all stocks, so, you know, a capital stack of around ten million in preferred.”
Chris Marentis Aug 16, 2022 ▶ 3:28 Just $10m raised to hit $30m in ARR, how the king of capital efficiency did it
Aug 16, 2022
Disclosure
Surefire Local has raised approximately $10M in total debt
“Total right now about ten million.”
Chris Marentis Aug 16, 2022 ▶ 4:40 Just $10m raised to hit $30m in ARR, how the king of capital efficiency did it
Oct 11, 2022 bullish
Prediction Not checkable as stated
Mariantis: Surefire Local will reach about $30M ARR by year end
“We'll end this year about thirty million in ARR.”
Chris Marentis Oct 11, 2022 ▶ 15:46 How to 5x Your Bookings with a Transactional Sales Model for SMBs
Oct 11, 2022 positive
Assertion Not checkable as stated
Mariantis: Surefire Local generates about $26M in ARR with majority control
“It allowed us to keep control of the company, and have a majority of the company, and right now we're actually sitting at about twenty six million in ARR.”
Chris Marentis Oct 11, 2022 ▶ 1:43 How to 5x Your Bookings with a Transactional Sales Model for SMBs
Oct 11, 2022 bullish
Prediction Not checkable as stated
Mariantis: Surefire Local will reach neutral NRR by Q1 next year
“And we're in a SMB space, which is really tough to get a positive you know, NRR, but we feel we're on course to get at least a neutral NRR by Q-one next year, leveraging all these tools.”
Chris Marentis Oct 11, 2022 ▶ 21:31 How to 5x Your Bookings with a Transactional Sales Model for SMBs
Oct 11, 2022 neutral
Disclosure
Mariantis: Surefire Local currently carries $11.5M in debt
“Today we have 11.5 million in debt, and that was done in a couple of tranches.”
Chris Marentis Oct 11, 2022 ▶ 16:28 How to 5x Your Bookings with a Transactional Sales Model for SMBs
Oct 11, 2022 bullish
Prediction Open · timeframe Oct 2025
Mariantis: Surefire Local targets a $125M to $150M PE or strategic exit
“We're at a stage now when we're going to do a private equity deal or strategic. And, you know, that's going to probably be somewhere in the 125 to hundred and fifty million range.”
Chris Marentis Oct 11, 2022 ▶ 22:59 How to 5x Your Bookings with a Transactional Sales Model for SMBs
Oct 11, 2022
Assertion Not checkable as stated
Mariantis: Surefire Local 4x'd sales in four to five months
“We, so we four X our sales and really months, four or five months.”
Chris Marentis Oct 11, 2022 ▶ 17:54 How to 5x Your Bookings with a Transactional Sales Model for SMBs
Oct 11, 2022
Assertion Not checkable as stated
Mariantis: Post-2020 cohorts have 2.5% gross churn and near 1% net churn
“But what's really interesting is the new customers, meaning brought on from 20 20 forward, those cohorts are doing incredibly well and are at 2.5% gross churn, and we're starting to get towards one percent net churn with those new cohorts.”
Chris Marentis Oct 11, 2022 ▶ 22:23 How to 5x Your Bookings with a Transactional Sales Model for SMBs
Oct 11, 2022 neutral
Disclosure
Mariantis: Inbound accounts for about 30% of Surefire Local's revenue
“So today about 30% of our revenue is from inbound.”
Chris Marentis Oct 11, 2022 ▶ 9:10 How to 5x Your Bookings with a Transactional Sales Model for SMBs
Oct 11, 2022 bullish
Assertion Not checkable as stated
Mariantis: Surefire Local is growing 75% to 80% annually
“We're growing now about 75, 80% a year.”
Chris Marentis Oct 11, 2022 ▶ 16:59 How to 5x Your Bookings with a Transactional Sales Model for SMBs
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