Turbonomic

6 statements across 1 episodes · 3 bullish · 0 bearish · 1 people on the record · first statement Nov 3, 2016 by Ben Nye · said 40 times in 1 episodes since 2016 · across every show →

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Everything said about Turbonomic, oldest first

Nov 3, 2016 positive
Disclosure
Turbonomic repurchases equity from departed employees to keep cap table active
“From time to time the company has retired passive shares. And there's typically a thing called an investor rights agreement that governs the way in which that is executed. And indeed we've done that as well, just to keep more equity and more active hands.”
Ben Nye Nov 3, 2016 ▶ 6:35 EP 467: $60M Raised To Help CIO's Manage Their Cloud with CEO Ben Nye
Nov 3, 2016
Assertion Partly supported
194 million enterprise workloads ran across hybrid cloud in 2016
“There's a hundred and ninety four million workloads in 2016 between that which run on prem or premises and that which runs in the public cloud.”
Ben Nye Nov 3, 2016 ▶ 7:29 EP 467: $60M Raised To Help CIO's Manage Their Cloud with CEO Ben Nye
Nov 3, 2016 positive
Assertion Not checkable as stated
91% of Turbonomic customers achieve full payback within three months
“No, I think we're, look, 91% of our customers have a three-month full payback, so by definition, we've, you know, even with the price increases of the last four years we certainly feel that we've offered a huge consumer surplus to our customers.”
Ben Nye Nov 3, 2016 ▶ 9:52 EP 467: $60M Raised To Help CIO's Manage Their Cloud with CEO Ben Nye
Nov 3, 2016 bullish
Assertion Not checkable as stated
Turbonomic reports 1,600 enterprise CIO customers and over 400 employees
“So we're just a hair shy of 1600 CIOs who invested in Turbonomic. Again, real time autonomic control. And the company is over 400 people. We've had 24 consecutive quarters of record revenue, which is pretty exciting. And by the way, the last two based on audit…”
Ben Nye Nov 3, 2016 ▶ 13:16 EP 467: $60M Raised To Help CIO's Manage Their Cloud with CEO Ben Nye
Nov 3, 2016
Disclosure
Ben Nye became interim CEO after founder and external CEO clashed
“There were some issues between the founder and the CEO hire. And so that's, that was the time when the board made its decision and asked me to step in on an interim basis, which I agreed to.”
Ben Nye Nov 3, 2016 ▶ 4:45 EP 467: $60M Raised To Help CIO's Manage Their Cloud with CEO Ben Nye
Nov 3, 2016
Disclosure
Bain Capital invested roughly $20 million into Turbonomic
“On behalf of Bain, I think we're in roughly the young twenties.”
Ben Nye Nov 3, 2016 ▶ 3:41 EP 467: $60M Raised To Help CIO's Manage Their Cloud with CEO Ben Nye
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