Tidy

13 statements across 1 episodes · 0 bullish · 1 bearish · 1 people on the record · first statement Dec 27, 2022 by Kieran Menon · said 18 times in 1 episodes since 2022 · across every show →

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brought up most by Nathan Latka (14), Kieran Menon (4)

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Everything said about Tidy, oldest first

Dec 27, 2022
Disclosure
Tidy Sold 17.5% Equity in Its 2017 Angel Round
“We, 17 and a half.”
Kieran Menon Dec 27, 2022 ▶ 11:23 He got 17 customers to pay $80k/yr up from $40k/yr 1 year ago for Employee Onboarding SaaS
Dec 27, 2022 neutral
Opinion
Tidy Positions Itself as the Enterprise Counterpart to Rippling
“So if I were to say, you know, who are the closest kind of not competitors, but the company that closes, it's probably Rippling, but Rippling does it more from an SMB perspective, and we're doing it more from an enterprise perspective.”
Kieran Menon Dec 27, 2022 ▶ 18:24 He got 17 customers to pay $80k/yr up from $40k/yr 1 year ago for Employee Onboarding SaaS
Dec 27, 2022
Assertion Not checkable as stated
Tidy Employs 27 People With Its Entire Engineering Team in India
“So, so we actually have about 27 people. The advantage for us is you know, we're U.S. Headquartered most of our customers are U.S. But our entire engineering and delivery team is based out of India.”
Kieran Menon Dec 27, 2022 ▶ 13:49 He got 17 customers to pay $80k/yr up from $40k/yr 1 year ago for Employee Onboarding SaaS
Dec 27, 2022
Disclosure
Tidy Sets Enterprise Sales Representative Quotas at $700K ARR
“It is it's actually 700 K.”
Kieran Menon Dec 27, 2022 ▶ 16:23 He got 17 customers to pay $80k/yr up from $40k/yr 1 year ago for Employee Onboarding SaaS
Dec 27, 2022
Assertion Not checkable as stated
Tidy Built Early Product With Unilever and Fidelity Proof-of-Concepts
“For the first two or three years, we were kind of building the product with a couple of POC customers like Unilever and Fidelity Investments.”
Kieran Menon Dec 27, 2022 ▶ 5:59 He got 17 customers to pay $80k/yr up from $40k/yr 1 year ago for Employee Onboarding SaaS
Dec 27, 2022
Disclosure
Tidy Pays Sales Representatives a 10% Commission on Closed Revenue
“Commission is actually 10% of whatever he brings in.”
Kieran Menon Dec 27, 2022 ▶ 16:37 He got 17 customers to pay $80k/yr up from $40k/yr 1 year ago for Employee Onboarding SaaS
Dec 27, 2022
Disclosure
Tidy Has Raised Approximately $1M in Total Funding to Date
“We've raised about a million dollars still now, and that's about it.”
Kieran Menon Dec 27, 2022 ▶ 10:50 He got 17 customers to pay $80k/yr up from $40k/yr 1 year ago for Employee Onboarding SaaS
Dec 27, 2022
Disclosure
Tidy Reached $1.5M ARR With Only 17 Enterprise Customers
“We have 17 enterprise customers across 25 countries, and we're doing about a million and a half billion ARR.”
Kieran Menon Dec 27, 2022 ▶ 8:49 He got 17 customers to pay $80k/yr up from $40k/yr 1 year ago for Employee Onboarding SaaS
Dec 27, 2022
Disclosure
Tidy Refused to Offer Free Enterprise Proof-of-Concepts
“We kind of made one thing very clear is that we'll kind of co-design the solution, but we're not doing it for free. So if we want to do a POC, it's still going to be a paid for POC.”
Kieran Menon Dec 27, 2022 ▶ 6:58 He got 17 customers to pay $80k/yr up from $40k/yr 1 year ago for Employee Onboarding SaaS
Dec 27, 2022 neutral
Opinion
Tidy Cites Internal Corporate IT Teams as Its Primary Competition
“Yeah, so, so I would say the biggest competitor for us is the internal teams today. you know, because what we're doing is we're integrating these 15, 16 different systems that exist within the organization. So, you know, you're working with ServiceNow, with A…”
Kieran Menon Dec 27, 2022 ▶ 17:57 He got 17 customers to pay $80k/yr up from $40k/yr 1 year ago for Employee Onboarding SaaS
Dec 27, 2022
Disclosure
Tidy Doubled Its Average Contract Value to $80K in 12 Months
“My ACB was probably closer to about 40,000 dollars. And so what I was able to do in the last 12 months was actually Double my ATP and be more confident of the fact that I can actually charge more and still have companies coming in and buying tidy.”
Kieran Menon Dec 27, 2022 ▶ 10:16 He got 17 customers to pay $80k/yr up from $40k/yr 1 year ago for Employee Onboarding SaaS
Dec 27, 2022 negative
Insight
Tidy Abandoned $5 Per-User Pricing to Stabilize Its Cash Flow
“We basically started by just charging a per user fee, which was five dollars per user, and there was no platform subscription, none of that. Hindsight, that was a terrible move because you know, the revenue was fluctuating all over the place, and we couldn't k…”
Kieran Menon Dec 27, 2022 ▶ 7:16 He got 17 customers to pay $80k/yr up from $40k/yr 1 year ago for Employee Onboarding SaaS
Dec 27, 2022
Assertion Supported
Tidy Counts Genpact, Unilever, and AB InBev as Enterprise Clients
“And what we fundamentally do is we work with a company like Genpac or Unilever or AB InBev.”
Kieran Menon Dec 27, 2022 ▶ 2:33 He got 17 customers to pay $80k/yr up from $40k/yr 1 year ago for Employee Onboarding SaaS
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