Teckst

14 statements across 1 episodes · 7 bullish · 1 bearish · 1 people on the record · first statement Sep 21, 2016 by Matt Tumbleson · said 11 times in 1 episodes since 2016 · across every show →

Mentions by year

brought up most by Nathan Latka (7), Matt Tumbleson (4)

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Everything said about Teckst, oldest first

Sep 21, 2016 bullish
Prediction Not checkable as stated
Teckst aims to achieve $2 million in 2016 sales on current runway
“I mean, for me, it would be two million in sales. That would be the number that we want to hit. And that's totally achievable. That's within our runway. That's, you know, that's, it's completely achievable.”
Matt Tumbleson Sep 21, 2016 ▶ 17:13 EP 424: SaaS Teckst Passes 65 Enterprise Customers, $2.5M Raised with CEO Matt Tumbleson
Sep 21, 2016
Disclosure
Teckst has 13 employees and adds two new hires per month
“Right now we're at 13. We have the right now we're looking to go up to around 15 by the end of this month. And we're adding at least two people a month right now.”
Matt Tumbleson Sep 21, 2016 ▶ 12:05 EP 424: SaaS Teckst Passes 65 Enterprise Customers, $2.5M Raised with CEO Matt Tumbleson
Sep 21, 2016
Disclosure
CEO Matt Tumbleson invested $300,000 of his personal savings into Teckst
“That was about 300,000.”
Matt Tumbleson Sep 21, 2016 ▶ 7:06 EP 424: SaaS Teckst Passes 65 Enterprise Customers, $2.5M Raised with CEO Matt Tumbleson
Sep 21, 2016 negative
Disclosure
Teckst spent $10,000 on Google AdWords yielding 2,000 unqualified leads
“We tried doing Google AdWords and we spent around 10 K on that. And it was about 2000 unqualified leads in, in one month.”
Matt Tumbleson Sep 21, 2016 ▶ 14:12 EP 424: SaaS Teckst Passes 65 Enterprise Customers, $2.5M Raised with CEO Matt Tumbleson
Sep 21, 2016
Assertion Not checkable as stated
Teckst made roughly $10,000 to $12,000 in first-year revenue
“I mean, I think we maybe brought in, like, 10 or 12,000 dollars.”
Matt Tumbleson Sep 21, 2016 ▶ 10:11 EP 424: SaaS Teckst Passes 65 Enterprise Customers, $2.5M Raised with CEO Matt Tumbleson
Sep 21, 2016 positive
Assertion Not checkable as stated
Teckst's fully loaded customer acquisition cost is near $2,500
“It's probably closer to, ah, I'd say it's probably closer to 2500.”
Matt Tumbleson Sep 21, 2016 ▶ 16:07 EP 424: SaaS Teckst Passes 65 Enterprise Customers, $2.5M Raised with CEO Matt Tumbleson
Sep 21, 2016 positive
Assertion Not checkable as stated
Teckst has only lost one enterprise client to date
“We've had one client leave us so far.”
Matt Tumbleson Sep 21, 2016 ▶ 13:29 EP 424: SaaS Teckst Passes 65 Enterprise Customers, $2.5M Raised with CEO Matt Tumbleson
Sep 21, 2016 bullish
Disclosure
Teckst targets at least $10 million in its next funding round
“It would be a lot more, at least four times what we've raised so far if not more. So 10, 10 plus.”
Matt Tumbleson Sep 21, 2016 ▶ 12:48 EP 424: SaaS Teckst Passes 65 Enterprise Customers, $2.5M Raised with CEO Matt Tumbleson
Sep 21, 2016
Assertion Not checkable as stated
Teckst serves 65 enterprise clients on its SMS platform
“Total count is 65 enterprises. So we're specifically for large businesses, and we've got 65 clients right now.”
Matt Tumbleson Sep 21, 2016 ▶ 3:52 EP 424: SaaS Teckst Passes 65 Enterprise Customers, $2.5M Raised with CEO Matt Tumbleson
Sep 21, 2016 bullish
Assertion Not checkable as stated
New Teckst salespeople land two to three enterprise clients monthly
“Every time we had a salesperson, we're basically able to bring in, you know, two or three Large enterprises every month, which is kind of unheard of in, in this space.”
Matt Tumbleson Sep 21, 2016 ▶ 11:14 EP 424: SaaS Teckst Passes 65 Enterprise Customers, $2.5M Raised with CEO Matt Tumbleson
Sep 21, 2016 positive
Disclosure
Betterment is a customer of Teckst's two-way SMS messaging platform
“We can name Betterment is one of them.”
Matt Tumbleson Sep 21, 2016 ▶ 5:11 EP 424: SaaS Teckst Passes 65 Enterprise Customers, $2.5M Raised with CEO Matt Tumbleson
Sep 21, 2016 neutral
Disclosure
Teckst CEO Matt Tumbleson takes an annual salary of $50,000
“I pay myself around 50 K.”
Matt Tumbleson Sep 21, 2016 ▶ 14:42 EP 424: SaaS Teckst Passes 65 Enterprise Customers, $2.5M Raised with CEO Matt Tumbleson
Sep 21, 2016 bullish
Prediction Not checkable as stated
Teckst plans to expand in-store SMS to 2,500 locations in 2016
“And so we kicked off that pilot with a hundred stores and then we'll be rolling out to 2500 before the end of year.”
Matt Tumbleson Sep 21, 2016 ▶ 4:45 EP 424: SaaS Teckst Passes 65 Enterprise Customers, $2.5M Raised with CEO Matt Tumbleson
Sep 21, 2016
Assertion Supported
Teckst raises approximately $2.5 million seed round
“We just raised about two and a half million dollars and that was for a seed round.”
Matt Tumbleson Sep 21, 2016 ▶ 6:53 EP 424: SaaS Teckst Passes 65 Enterprise Customers, $2.5M Raised with CEO Matt Tumbleson
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