TeamSnap

25 statements across 2 episodes · 10 bullish · 0 bearish · 1 people on the record · first statement Dec 7, 2017 by Dave DuPont · said 57 times in 4 episodes since 2017 · across every show →

Mentions by year

brought up most by Nathan Latka (26), Dave DuPont (24), Ted Elliott (5), Steve Pockross (2)

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2020 32 mentions in 1 episode
2019 2 mentions in 1 episode
2018 5 mentions in 1 episode
2017 18 mentions in 1 episode

every mention, scene by scene, with the transcript →

Everything said about TeamSnap, oldest first

Dec 7, 2017 positive
Insight
DuPont: Junior sales reps should work in bullpens before going remote
“We don't really care where people work, but we found that on the sales side, we benefit from putting junior sales reps together in a pool, bullpen kind of deal, so they all learn from each other, and they kind of compete and have a good camaraderie, and then a…”
Dave DuPont Dec 7, 2017 ▶ 19:54 866 SaaS: Sports Teams Use This $40m+ Company To Manage Communication
Dec 7, 2017
Disclosure
DuPont: Personally invested roughly $200,000 of his own money into TeamSnap
“I put in a couple 100,000.”
Dave DuPont Dec 7, 2017 ▶ 7:33 866 SaaS: Sports Teams Use This $40m+ Company To Manage Communication
Dec 7, 2017
Assertion Not checkable as stated
DuPont: TeamSnap's average annual team subscription is roughly $80
“The average team per year, the average contract with the annual subscription is about 80 bucks.”
Dave DuPont Dec 7, 2017 ▶ 9:26 866 SaaS: Sports Teams Use This $40m+ Company To Manage Communication
Dec 7, 2017
Assertion Not checkable as stated
DuPont: TeamSnap has grown revenue 70% to 100% every year
“We have grown. Between 70 and a hundred percent every year.”
Dave DuPont Dec 7, 2017 ▶ 6:23 866 SaaS: Sports Teams Use This $40m+ Company To Manage Communication
Dec 7, 2017 bullish
Assertion Not checkable as stated
DuPont: TeamSnap's club segment is 40% of revenue, growing >100% YoY
“That part of our business is now that is clubs, leagues, and associations represent almost 40% of our overall business. So it's a, it's growing a hundred percent year over year, actually over a hundred percent as, and is an exciting part of our overall busines…”
Dave DuPont Dec 7, 2017 ▶ 4:36 866 SaaS: Sports Teams Use This $40m+ Company To Manage Communication
Dec 7, 2017 positive
Disclosure
DuPont: TeamSnap's LTV:CAC ratio is approximately 3.5
“We especially look at LTV to CAC and that's about 3.5.”
Dave DuPont Dec 7, 2017 ▶ 13:20 866 SaaS: Sports Teams Use This $40m+ Company To Manage Communication
Dec 7, 2017 neutral
Assertion Not checkable as stated
DuPont: TeamSnap net burn equals discretionary marketing spend
“Our net burn is pretty close to our discretionary marketing.”
Dave DuPont Dec 7, 2017 ▶ 21:48 866 SaaS: Sports Teams Use This $40m+ Company To Manage Communication
Dec 7, 2017 neutral
Assertion Not checkable as stated
DuPont: TeamSnap's annual logo churn is 15% for teams, 5% for leagues
“We end up with 15% churn on an annual basis at the team level and five percent churn at the club and league level.”
Dave DuPont Dec 7, 2017 ▶ 19:04 866 SaaS: Sports Teams Use This $40m+ Company To Manage Communication
Dec 7, 2017 neutral
Disclosure
DuPont: 30% of TeamSnap's new consumer customers come via referrals
“On the consumer side, people, we have about a 30%, 30% of our new customers come through, come to us through referrals.”
Dave DuPont Dec 7, 2017 ▶ 12:29 866 SaaS: Sports Teams Use This $40m+ Company To Manage Communication
Dec 7, 2017 neutral
Assertion Not checkable as stated
DuPont: TeamSnap's average organization customer pays nearly $2,000 per month
“And the average organization is paying us approaching 2000 bucks a month.”
Dave DuPont Dec 7, 2017 ▶ 3:09 866 SaaS: Sports Teams Use This $40m+ Company To Manage Communication
Dec 7, 2017 neutral
Assertion Not checkable as stated
DuPont: TeamSnap's team-level CAC is $80 with a one-year payback
“Well, I mentioned that the payback is about a year's time. So we're paying on the order of 80 bucks.”
Dave DuPont Dec 7, 2017 ▶ 17:11 866 SaaS: Sports Teams Use This $40m+ Company To Manage Communication
Dec 7, 2017 bullish
Prediction Not checkable as stated
DuPont: TeamSnap will cross $50 million ARR in early 2018
“I think we will. Let me think through the numbers here. I think we'll break it at the beginning of next year.”
Dave DuPont Dec 7, 2017 ▶ 21:03 866 SaaS: Sports Teams Use This $40m+ Company To Manage Communication
Dec 7, 2017
Disclosure
DuPont: TeamSnap took no institutional venture capital until 2014
“We didn't take institutional capital until 2014.”
Dave DuPont Dec 7, 2017 ▶ 7:07 866 SaaS: Sports Teams Use This $40m+ Company To Manage Communication
Dec 7, 2017 positive
Assertion Not checkable as stated
DuPont: TeamSnap club and league tier has 2x better LTV:CAC
“The LTV to CAC is twice as good. The payback period is same over a magnitude about a year. The churn is lower”
Dave DuPont Dec 7, 2017 ▶ 18:17 866 SaaS: Sports Teams Use This $40m+ Company To Manage Communication
Dec 7, 2017 neutral
Disclosure
DuPont: TeamSnap spends roughly $500,000 per month on paid marketing
“We're spending about half a million a month.”
Dave DuPont Dec 7, 2017 ▶ 13:06 866 SaaS: Sports Teams Use This $40m+ Company To Manage Communication
Dec 7, 2017
Assertion Not checkable as stated
DuPont: TeamSnap has approximately 250,000 active paying teams
“You're in the right range.”
Dave DuPont Dec 7, 2017 ▶ 11:28 866 SaaS: Sports Teams Use This $40m+ Company To Manage Communication
Nov 15, 2020
Disclosure
TeamSnap's business dropped by one-third at the onset of COVID-19
“Round figures, Nathan, was about 30 about a third initially. And then we climbed up from there.”
Dave DuPont Nov 15, 2020 ▶ 13:18 TeamSnap Cut 50% Workforce, Hiring Back Now As COVID Recovery Builds
Nov 15, 2020 positive
Assertion Not checkable as stated
TeamSnap: Sports rebounded 100% better in Canada due to pandemic management
“And in certain parts, it's actually over a hundred percent more Canada than the U S because they managed the crisis more effectively.”
Dave DuPont Nov 15, 2020 ▶ 3:54 TeamSnap Cut 50% Workforce, Hiring Back Now As COVID Recovery Builds
Nov 15, 2020 bullish
Assertion Not checkable as stated
TeamSnap historically averaged 45% annual growth in users and revenue
“We've grown steadily even since you and I talked and around, I think our average has been 45% per year. Since, since we, yeah, growth since we last talked in users and revenue.”
Dave DuPont Nov 15, 2020 ▶ 10:17 TeamSnap Cut 50% Workforce, Hiring Back Now As COVID Recovery Builds
Nov 15, 2020
Assertion Not checkable as stated
TeamSnap furloughed half its workforce (80 employees) in March 2020
“Yeah. So round figures we furloughed about half the people in the company. Okay. That was about 80 folks.”
Dave DuPont Nov 15, 2020 ▶ 14:49 TeamSnap Cut 50% Workforce, Hiring Back Now As COVID Recovery Builds
Nov 15, 2020
Assertion Not checkable as stated
TeamSnap has rehired 15% of its furloughed workers as of late 2020
“We've brought back about 15% of the folks we furloughed, and we hope to bring back more over time, but we're going to be extremely conservative.”
Dave DuPont Nov 15, 2020 ▶ 15:19 TeamSnap Cut 50% Workforce, Hiring Back Now As COVID Recovery Builds
Nov 15, 2020 positive
Assertion Not checkable as stated
TeamSnap reports a typical CAC payback period of six to seven months
“Yeah, so our typical CAC we look specifically at CAC time to break even, and our typical CAC time to break even is six or seven months.”
Dave DuPont Nov 15, 2020 ▶ 16:59 TeamSnap Cut 50% Workforce, Hiring Back Now As COVID Recovery Builds
Nov 15, 2020 bullish
Assertion Not checkable as stated
TeamSnap reports 5 million MAUs and 1.5 million DAUs
“Monthly active users is five million. Daily active users is 1.5 million and You can do the math, but the average team has about 40 people on it.”
Dave DuPont Nov 15, 2020 ▶ 8:04 TeamSnap Cut 50% Workforce, Hiring Back Now As COVID Recovery Builds
Nov 15, 2020 neutral
Prediction Not checkable as stated
TeamSnap expects flat 2020 revenue, halting its 45% annual growth trend
“We expect our revenue this year to be the same as last year. So not 50% growth or 45%, But the same as last year, but given everything that's going on in the sports world, I count that as a victory.”
Dave DuPont Nov 15, 2020 ▶ 10:33 TeamSnap Cut 50% Workforce, Hiring Back Now As COVID Recovery Builds
Nov 15, 2020 positive
Assertion Not checkable as stated
TeamSnap maintained a 30% free-to-paid conversion rate for a decade
“Our conversion to paid from the free trial is about, and this has been consistent for a decade, 30%.”
Dave DuPont Nov 15, 2020 ▶ 5:31 TeamSnap Cut 50% Workforce, Hiring Back Now As COVID Recovery Builds
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