Swiftpage

32 statements across 3 episodes · 15 bullish · 1 bearish · 2 people on the record · first statement Aug 27, 2018 by John Oechsle · said 42 times in 4 episodes since 2018 · across every show →

Mentions by year

brought up most by Nathan Latka (37), John Oechsle (5)

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001012022018201920202021episodesmentions per episode
2021 9 mentions in 1 episode
2019 2 mentions in 1 episode
2018 31 mentions in 2 episodes 16 per episode

every mention, scene by scene, with the transcript →

Everything said about Swiftpage, oldest first

Aug 27, 2018 positive
Disclosure
Common shareholders retained 62% of Swiftpage after massive acquisitions
“So it was 62% of the company is owned by the common shareholders of which I'm part of that. I'm also part of the preferred too, but our founders et cetera. So we were able to do all those acquisitions and only give up you know, less than less than 38% of the c…”
John Oechsle Aug 27, 2018 ▶ 11:20 1129 He Bought $70m Of ARR w/ Other Peoples Money, Kept 60%+ Equity for Common
Aug 27, 2018
Assertion Not checkable as stated
Oechsle: Swiftpage monthly revenue churn is around 1.5% or lower
“Revenue churn is, is about that, maybe even a little lower from that standpoint.”
John Oechsle Aug 27, 2018 ▶ 3:22 1129 He Bought $70m Of ARR w/ Other Peoples Money, Kept 60%+ Equity for Common
Aug 27, 2018 neutral
Assertion Not checkable as stated
Oechsle: Swiftpage channel partner commissions range from 10% to 40%
“There's tiers, and they go from diamond all the way down to silver and at the top, you could get as much as a 40% commission all the way down to, you know, 10% if you're silver.”
John Oechsle Aug 27, 2018 ▶ 20:50 1129 He Bought $70m Of ARR w/ Other Peoples Money, Kept 60%+ Equity for Common
Aug 27, 2018 neutral
Assertion Not checkable as stated
Oechsle: Swiftpage spends under $100 per seat to convert install base
“Now an install base or a conversion, you know, we're just under a hundred bucks to from a cat perspective.”
John Oechsle Aug 27, 2018 ▶ 20:17 1129 He Bought $70m Of ARR w/ Other Peoples Money, Kept 60%+ Equity for Common
Aug 27, 2018
Assertion Not checkable as stated
Oechsle: Swiftpage ARPU is a little under $150 per month
“Our poo right now per month per customer is about a little under a 150 dollars a month.”
John Oechsle Aug 27, 2018 ▶ 8:34 1129 He Bought $70m Of ARR w/ Other Peoples Money, Kept 60%+ Equity for Common
Aug 27, 2018 positive
Assertion Not checkable as stated
Swiftpage flipped SalesLogix for 1.5x the cost of both acquisitions
“Now I will tell you that we divested off SalesLogix to Infor in 2014 so about a year after we acquired them, and I was able to divest Infor, or SalesLogix offer one and a half times what I paid for both the companies when I bought them together.”
John Oechsle Aug 27, 2018 ▶ 12:27 1129 He Bought $70m Of ARR w/ Other Peoples Money, Kept 60%+ Equity for Common
Aug 27, 2018 positive
Assertion Not checkable as stated
Oechsle: Swiftpage customer lifetime averages 6.1 years
“Yeah, we do. And it's right around that it's a 6.1 year. So it's, is, is where our lifetime value is.”
John Oechsle Aug 27, 2018 ▶ 23:06 1129 He Bought $70m Of ARR w/ Other Peoples Money, Kept 60%+ Equity for Common
Aug 27, 2018
Assertion Not publicly verifiable
Swiftpage bought $70M of revenue while making only $4.5M
“So we're just a little four and a half million dollar company, and we bought like seventy million dollars worth of revenue.”
John Oechsle Aug 27, 2018 ▶ 5:10 1129 He Bought $70m Of ARR w/ Other Peoples Money, Kept 60%+ Equity for Common
Aug 27, 2018 negative
Prediction Not checkable as stated
Oechsle: Swiftpage will not reach $100M ARR in 2018
“No, we won't.”
John Oechsle Aug 27, 2018 ▶ 10:34 1129 He Bought $70m Of ARR w/ Other Peoples Money, Kept 60%+ Equity for Common
Aug 27, 2018 positive
Assertion Not checkable as stated
Oechsle: Swiftpage CAC payback is 5 to 6 months on net new seats
“So, and we so, you know, the payback is less, about six, Five to six months on a net new.”
John Oechsle Aug 27, 2018 ▶ 20:10 1129 He Bought $70m Of ARR w/ Other Peoples Money, Kept 60%+ Equity for Common
Aug 27, 2018 positive
Assertion Not checkable as stated
Swiftpage reached over 85,000 customers and 300,000 cloud users
“We had at that point, we had 65,000 customers on, around the world. In, in 2015. [411] SPEAKER_05: Okay. [412] John Oechsle: we now have over 85,000 customers, over 300,000 users, all on our you know, cloud, open cloud-enabled platform paying subscription you …”
John Oechsle Aug 27, 2018 ▶ 6:43 1129 He Bought $70m Of ARR w/ Other Peoples Money, Kept 60%+ Equity for Common
Aug 27, 2018 neutral
Assertion Not checkable as stated
Oechsle: Swiftpage net new customer CAC is $140 to $160 per seat
“So a net new is costing us per unit probably in that 140 to 160 dollar range.”
John Oechsle Aug 27, 2018 ▶ 20:00 1129 He Bought $70m Of ARR w/ Other Peoples Money, Kept 60%+ Equity for Common
Aug 27, 2018
Assertion Not checkable as stated
Oechsle: Swiftpage monthly logo churn is under 1.5%
“So right now we, our churn is about 1.5%, a little under 1.5% on a monthly basis.”
John Oechsle Aug 27, 2018 ▶ 3:11 1129 He Bought $70m Of ARR w/ Other Peoples Money, Kept 60%+ Equity for Common
Aug 27, 2018 neutral
Assertion Not checkable as stated
Oechsle: Swiftpage is valued at less than $700 million
“Oh, less. Yeah, no, we're less than seven hundred million.”
John Oechsle Aug 27, 2018 ▶ 22:29 1129 He Bought $70m Of ARR w/ Other Peoples Money, Kept 60%+ Equity for Common
Aug 27, 2018 positive
Assertion Not checkable as stated
Oechsle: Swiftpage converts over 50% of sales opportunities
“Got about an 82% conversion from raw leads to sales acceptance leads. We then have about a 60% conversion from sales accepted leads to opportunities, and we close in the low fifties as well.”
John Oechsle Aug 27, 2018 ▶ 23:46 1129 He Bought $70m Of ARR w/ Other Peoples Money, Kept 60%+ Equity for Common
Aug 27, 2018 positive
Assertion Not checkable as stated
250 certified consultants drive 50% of Swiftpage's global revenue
“We call them ACC's or act certified consultants. There's about 250 of those around the world. And they're they represent about 50% of our revenue right now, so it's a very, very strong channel for us.”
John Oechsle Aug 27, 2018 ▶ 20:31 1129 He Bought $70m Of ARR w/ Other Peoples Money, Kept 60%+ Equity for Common
Aug 27, 2018
Assertion Not checkable as stated
Oechsle: Swiftpage grew top line 23% from 2016 to 2017
“16 to 17, we grew up on the top line, about 23% EBITDA off the charts, because we went from negative to, you know, positive, well-positive EBITDA”
John Oechsle Aug 27, 2018 ▶ 15:45 1129 He Bought $70m Of ARR w/ Other Peoples Money, Kept 60%+ Equity for Common
Dec 4, 2018
Assertion Not checkable as stated
Swiftpage CEO: CAC Payback Period Is Six to Seven Months
“Yeah, it's about six, six to seven months right now.”
John Oechsle Dec 4, 2018 ▶ 20:41 1228 SwiftPage ACT CEO "We're 1-2 Years Away from $100M in ARR"
Dec 4, 2018 positive
Assertion Not checkable as stated
SwiftPage Has Surpassed $36M in ARR Across 84,000 Customers, Confirms CEO
“Yeah, your math is right. Your math is good.”
John Oechsle Dec 4, 2018 ▶ 16:48 1228 SwiftPage ACT CEO "We're 1-2 Years Away from $100M in ARR"
Dec 4, 2018 positive
Assertion Not checkable as stated
SwiftPage Average Customer Lifespan Reaches 6.2 Years After First Renewal
“If you can get them past that and you get them through that first year, I got you for 6.2 years, right? That's our average lifespan of a customer.”
John Oechsle Dec 4, 2018 ▶ 18:24 1228 SwiftPage ACT CEO "We're 1-2 Years Away from $100M in ARR"
Dec 4, 2018 positive
Assertion Not checkable as stated
Oechsle: SwiftPage is profitable after heavy initial turnaround investment
“When we first acquired the companies back in 2013 you know, we put a heavy, heavy investment into the business. So we went on profitable for a year or two, and then turned that around, and then, you know, now we're profitable, growing growing the bottom line l…”
John Oechsle Dec 4, 2018 ▶ 4:15 1228 SwiftPage ACT CEO "We're 1-2 Years Away from $100M in ARR"
Dec 4, 2018 positive
Assertion Not checkable as stated
SwiftPage ARR Is Growing Around 20% Year-Over-Year, Says CEO
“And the MRR AR has grown around 20% year over year.”
John Oechsle Dec 4, 2018 ▶ 3:59 1228 SwiftPage ACT CEO "We're 1-2 Years Away from $100M in ARR"
Dec 4, 2018 positive
Assertion Supported
Oechsle: SwiftPage Prices Act 365 with Office Integration at $10 Monthly
“It's basically it's a very light kind of CRM slash marketing automation. It has great customer management. It's got fantastic opportunity and pipeline management. It's got email marketing built into it, and it's also integrated with Office three 65. All of tha…”
John Oechsle Dec 4, 2018 ▶ 11:02 1228 SwiftPage ACT CEO "We're 1-2 Years Away from $100M in ARR"
Dec 4, 2018 neutral
Assertion Not checkable as stated
SwiftPage had around 60,000 customers in May 2015
“Back then, this is around May of 2015. Back then, we had about 60,000 customers, and we were like, how do we convert 60,000 customers from using, you know, like, desktop license software and maybe spending some money on maintenance to an open cloud-enabled pla…”
John Oechsle Dec 4, 2018 ▶ 12:50 1228 SwiftPage ACT CEO "We're 1-2 Years Away from $100M in ARR"
Dec 4, 2018 bullish
Prediction Not checkable as stated
SwiftPage CEO targets accelerating growth to 25% to 30%
“And so we're looking for not like 20% growth, but hopefully we can, in the growth era, get into that 25, 30% growth as we go forward.”
John Oechsle Dec 4, 2018 ▶ 14:24 1228 SwiftPage ACT CEO "We're 1-2 Years Away from $100M in ARR"
Dec 4, 2018 bullish
Prediction Didn’t hold up
CEO John Oechsle Predicts SwiftPage Will Reach $100M ARR By Mid-2021
“No, I'd say give me about two, two and a half years.”
John Oechsle Dec 4, 2018 ▶ 16:58 1228 SwiftPage ACT CEO "We're 1-2 Years Away from $100M in ARR"
Dec 4, 2018 positive
Disclosure
SFW Capital Bought Out SwiftPage Investors and Founders in 2018 Recapitalization
“So in May of this year, we actually recapped the company. And brought in a whole new set of investors. And we're able to take out the entire existing investor base and the founders and everybody got a really, really nice return. Everybody was very, very happy.…”
John Oechsle Dec 4, 2018 ▶ 22:08 1228 SwiftPage ACT CEO "We're 1-2 Years Away from $100M in ARR"
Dec 4, 2018 neutral
Assertion Not checkable as stated
Only 42% of SwiftPage's 60,000 Legacy Customers Paid Maintenance in 2015
“Think about those 60,000 customers back then, they were buying a license and only 42% of them were paying maintenance.”
John Oechsle Dec 4, 2018 ▶ 15:49 1228 SwiftPage ACT CEO "We're 1-2 Years Away from $100M in ARR"
Dec 4, 2018
Assertion Not checkable as stated
SwiftPage CEO: Customer Acquisition Cost Is Below $500 Per Logo
“It's below, from a logo perspective, it's below 500 bucks.”
John Oechsle Dec 4, 2018 ▶ 20:58 1228 SwiftPage ACT CEO "We're 1-2 Years Away from $100M in ARR"
Dec 4, 2018
Disclosure
Oechsle: SwiftPage's Core Sweet Spot Is Small Businesses and Solo Operators
“Our sweet spot is really in that small to small, small to IBO. You kind of go up a little bit into that lower, lower, middle, upper, small sometimes.”
John Oechsle Dec 4, 2018 ▶ 9:17 1228 SwiftPage ACT CEO "We're 1-2 Years Away from $100M in ARR"
Dec 4, 2018
Disclosure
Oechsle: SwiftPage funded acquisition via Accel-KKR, Jump Capital, SVB
“So Excel KKR was one of the players that came in and helped us from an institutional perspective, so did Jump Capital, and then from a debt perspective, we had Silicon Valley Bank that, that came in and helped us out and it was not a one-to-one ratio. Well, it…”
John Oechsle Dec 4, 2018 ▶ 4:46 1228 SwiftPage ACT CEO "We're 1-2 Years Away from $100M in ARR"
Sep 5, 2021 neutral
Assertion Not checkable as stated
O'Shull: Swiftpage sold for approximately $100 million
“Let's just say a hundred million is, yeah, yeah.”
John O'Shull Sep 5, 2021 ▶ 3:08 He Exited his CRM, Now Car Software Hits $40m Run Rate
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