Vena Solutions

11 statements across 1 episodes · 5 bullish · 1 bearish · 1 people on the record · first statement Jun 18, 2017 by Don Mal · said 6 times in 2 episodes since 2017 · across every show →

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Everything said about Vena Solutions, oldest first

Jun 18, 2017 neutral
Assertion Not checkable as stated
Vena Solutions generates around $50,000 per customer annually
“Yeah, so we're getting around 50,000 dollars per year per customer, so, you know, break that down 4000 a month, I guess, roughly.”
Don Mal Jun 18, 2017 ▶ 4:31 694: Why 1 Year Payback Period is Important From $50M Funded CEO
Jun 18, 2017 neutral
Disclosure
Vena Solutions targets a CAC payback period under 12 months
“We'd like to keep our kind of, you know, cost to acquire customers below a kind of a 12 month cost of what we would normally see for revenue. So, you know, that ratio of one would be kind of ideal or, you know, and we know that anything kind of better than a .…”
Don Mal Jun 18, 2017 ▶ 11:05 694: Why 1 Year Payback Period is Important From $50M Funded CEO
Jun 18, 2017
Assertion Not publicly verifiable
Vena Solutions has raised roughly $49 million in equity and debt
“So if you look at the total combined investments to date, it's right around forty nine million.”
Don Mal Jun 18, 2017 ▶ 8:08 694: Why 1 Year Payback Period is Important From $50M Funded CEO
Jun 18, 2017 negative
Disclosure
Mal would reject a $150 million acquisition offer for Vena Solutions
“No.”
Don Mal Jun 18, 2017 ▶ 15:44 694: Why 1 Year Payback Period is Important From $50M Funded CEO
Jun 18, 2017 positive
Assertion Not checkable as stated
Vena Solutions maintains under 10% gross customer churn
“It's, I would say our overall churn is less than 10%, which is within our industry standpoint.”
Don Mal Jun 18, 2017 ▶ 13:28 694: Why 1 Year Payback Period is Important From $50M Funded CEO
Jun 18, 2017 bullish
Assertion Not checkable as stated
Vena Solutions is growing over 100% year-over-year
“What we know is that we're growing at greater than a hundred percent year over year.”
Don Mal Jun 18, 2017 ▶ 1:26 694: Why 1 Year Payback Period is Important From $50M Funded CEO
Jun 18, 2017
Disclosure
Vena Solutions launched with a $10 million seed valuation
“So right out of the gate, we value the company at ten million dollars.”
Don Mal Jun 18, 2017 ▶ 5:37 694: Why 1 Year Payback Period is Important From $50M Funded CEO
Jun 18, 2017 bullish
Assertion Not checkable as stated
Vena Solutions projects a customer LTV of $400,000 to $500,000
“And so we do, you know, sort of Project a customer staying with us for as up to 10 years. Imagine, you know, four to 500,000 dollars with a lifetime value.”
Don Mal Jun 18, 2017 ▶ 11:58 694: Why 1 Year Payback Period is Important From $50M Funded CEO
Jun 18, 2017 positive
Assertion Not checkable as stated
Vena Solutions sees 120% year-over-year revenue expansion
“Yeah, it's probably closer to a 120%.”
Don Mal Jun 18, 2017 ▶ 14:03 694: Why 1 Year Payback Period is Important From $50M Funded CEO
Jun 18, 2017 positive
Assertion Not checkable as stated
Vena Solutions approaches 350 customers, adding 50 per quarter
“So we are approaching 350 customers. But just to get a sense of run rate, we will add 50 customers this quarter.”
Don Mal Jun 18, 2017 ▶ 9:17 694: Why 1 Year Payback Period is Important From $50M Funded CEO
Jun 18, 2017
Assertion Not checkable as stated
Vena Solutions raised over $1 million from friends and family
“That early round, we raised over a million dollars with friends and family to launch the business.”
Don Mal Jun 18, 2017 ▶ 6:19 694: Why 1 Year Payback Period is Important From $50M Funded CEO
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