TimeControl

8 statements across 1 episodes · 3 bullish · 1 bearish · 1 people on the record · first statement Oct 31, 2022 by Chris Vanderslooth · said 7 times in 1 episodes since 2022 · across every show →

Mentions by year

brought up most by Chris Vanderslooth (7)

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2022 7 mentions in 1 episode

High Volume, Low ARPU Sales Playbook: 14 Page Process We Used to hit $3m Revenue, Profitable Oct 31, 2022 · 7 mentions · from 3:10
every mention in 2022, scene by scene →

every mention, scene by scene, with the transcript →

Everything said about TimeControl, oldest first

Oct 31, 2022 positive

Prediction Not checkable as stated

TimeControl is on track to reach $3M revenue in 2022

“And things are on track for this year to be at about three. So ah, so things are generally going quite well.”

Chris Vanderslooth Oct 31, 2022 ▶ 1:54 High Volume, Low ARPU Sales Playbook: 14 Page Process We Used to hit $3m Revenue, Profitable

Oct 31, 2022 neutral

Disclosure

TimeControl is not pursuing an exit despite acquisition interest

“I'm not on a track for an exit, even though I've been tagged twice today by people who go, would you like some money? We'd love for you to exit.”

Chris Vanderslooth Oct 31, 2022 ▶ 1:20 High Volume, Low ARPU Sales Playbook: 14 Page Process We Used to hit $3m Revenue, Profitable

Oct 31, 2022

Assertion Not checkable as stated

TimeControl has never sold software to a company its own size

“We've never sold to a client our size. I mean, we're now, you know, twenty-ish people. But we've never sold to a company of 20 people. Our clients since the beginning have always been kind of conditioned to larger size firms.”

Chris Vanderslooth Oct 31, 2022 ▶ 3:44 High Volume, Low ARPU Sales Playbook: 14 Page Process We Used to hit $3m Revenue, Profitable

Oct 31, 2022

Disclosure

TimeControl distributes roughly 20% of its profits back to staff

“We take about 20% of our profits and we give them to the staff.”

Chris Vanderslooth Oct 31, 2022 ▶ 21:05 High Volume, Low ARPU Sales Playbook: 14 Page Process We Used to hit $3m Revenue, Profitable

Oct 31, 2022 positive

Assertion Not checkable as stated

74% of TimeControl's 2021 revenue was recurring

“74% of our revenue in twenty-twenty-one is recurring.”

Chris Vanderslooth Oct 31, 2022 ▶ 20:54 High Volume, Low ARPU Sales Playbook: 14 Page Process We Used to hit $3m Revenue, Profitable

Oct 31, 2022 negative

Opinion

Founders today can rarely raise venture capital and keep majority control

“I can tell you that a deal that I would get today would not be as good as the deal I got in 99, because I would not get a deal where I would be able to keep control. Only because I had more than 50% of control, even with all of that stuff that happened, was I …”

Chris Vanderslooth Oct 31, 2022 ▶ 15:09 High Volume, Low ARPU Sales Playbook: 14 Page Process We Used to hit $3m Revenue, Profitable

Oct 31, 2022 neutral

Assertion Not checkable as stated

The Federal Reserve rejected TimeControl's SaaS deployment over data localization

“Turns out the Federal Reserve Board of Governors doesn't want to use our SAS. I don't know. I think we're trustworthy, but they went, no, no, you're not even in the country. So, well, you're in the country, but the company's not, so no. The US Coast Guard don'…”

Chris Vanderslooth Oct 31, 2022 ▶ 17:19 High Volume, Low ARPU Sales Playbook: 14 Page Process We Used to hit $3m Revenue, Profitable

Oct 31, 2022 positive

Assertion Not checkable as stated

TimeControl generated roughly $700,000 in profit in 2021

“Last year there was about 700 K in profits.”

Chris Vanderslooth Oct 31, 2022 ▶ 21:16 High Volume, Low ARPU Sales Playbook: 14 Page Process We Used to hit $3m Revenue, Profitable

TimeControl

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