Visible

10 statements across 1 episodes · 4 bullish · 0 bearish · 1 people on the record · first statement Nov 25, 2019 by Mike Preuss · said 8 times in 2 episodes since 2018 · across every show →

Mentions by year

brought up most by Nathan Latka (6), Roy Raanani (1), Mike Preuss (1)

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2019 7 mentions in 1 episode
2018 1 mention in 1 episode

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Everything said about Visible, oldest first

Nov 25, 2019
Assertion Not checkable as stated
Preuss: Visible has over 600 paying customer organizations
“It's right. It's above 600. So we have roughly a third of our organizations you know, paying to use visible.”
Mike Preuss Nov 25, 2019 ▶ 4:00 1584 Why 600 Companies Pay Him $150/mo To Help With VC Updates
Nov 25, 2019 neutral
Disclosure
Preuss: Visible served as the early prototype for High Alpha
“So we were a company that was started prior to High Alpha. So I started Visible with two partners there, Christian Anderson and Mike Fitzgerald, who then joined at High Alpha. And so we were kind of like the prototype or MVP for what High Alpha is today.”
Mike Preuss Nov 25, 2019 ▶ 12:29 1584 Why 600 Companies Pay Him $150/mo To Help With VC Updates
Nov 25, 2019
Assertion Not checkable as stated
Preuss: Visible's ACV is approximately $150 per month
“Yeah, they're paying on average about 150 dollars a month. So any, you know, kind of ranges, but our ACV is right about 150 dollars a month.”
Mike Preuss Nov 25, 2019 ▶ 3:02 1584 Why 600 Companies Pay Him $150/mo To Help With VC Updates
Nov 25, 2019
Disclosure
Preuss: Visible has raised $1.1M in total outside capital
“1.1 million.”
Mike Preuss Nov 25, 2019 ▶ 5:00 1584 Why 600 Companies Pay Him $150/mo To Help With VC Updates
Nov 25, 2019 bullish
Assertion Not checkable as stated
Preuss: Publishing one update yields a 95% conversion rate for Visible
“But once we have a customer sending one update out and publish it, we have like a 95% chance of landing them as a customer.”
Mike Preuss Nov 25, 2019 ▶ 7:20 1584 Why 600 Companies Pay Him $150/mo To Help With VC Updates
Nov 25, 2019 positive
Assertion Not checkable as stated
Preuss: Lighter Capital funded Visible in 15 days from start to wire
“It was like 15 days from the start to the end. And it was cool. We did it. We did a podcast in series with them because we essentially just turned over our visible profile to the letter capital team and they had everything they needed. And we did it, you know,…”
Mike Preuss Nov 25, 2019 ▶ 15:55 1584 Why 600 Companies Pay Him $150/mo To Help With VC Updates
Nov 25, 2019
Disclosure
Preuss: Visible operates with five full-time employees
“So the team's currently five full-time folks and we're hiring for two open positions right now, but a full team of five.”
Mike Preuss Nov 25, 2019 ▶ 5:11 1584 Why 600 Companies Pay Him $150/mo To Help With VC Updates
Nov 25, 2019 bullish
Assertion Not checkable as stated
Preuss: Visible is growing ARR at 200% year over year
“But you know, ARR is, is growing 200, you know, percent a year.”
Mike Preuss Nov 25, 2019 ▶ 3:50 1584 Why 600 Companies Pay Him $150/mo To Help With VC Updates
Nov 25, 2019 positive
Assertion Not checkable as stated
Preuss: Visible's annual churn is under 2.5%
“So churn's under two and a half percent.”
Mike Preuss Nov 25, 2019 ▶ 6:41 1584 Why 600 Companies Pay Him $150/mo To Help With VC Updates
Nov 25, 2019
Disclosure
Preuss: Visible spent $100 on paid marketing last month
“Our budget to give you an example was like a hundred bucks last month. So we're starting to ramp that spend up to 2000 and figuring out where, where that is, but we just don't have great data in terms of what paid is going to get us so far.”
Mike Preuss Nov 25, 2019 ▶ 13:54 1584 Why 600 Companies Pay Him $150/mo To Help With VC Updates
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