Vivid Learning

9 statements across 1 episodes · 2 bullish · 2 bearish · 1 people on the record · first statement Mar 17, 2021 by Tom Nignish · said 5 times in 1 episodes since 2021 · across every show →

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brought up most by Nathan Latka (5)

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2021 5 mentions in 1 episode

1,000 Schools Pay them $2m for This Unique Tool Mar 17, 2021 · 5 mentions · from 1:34
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Everything said about Vivid Learning, oldest first

Mar 17, 2021 negative

Disclosure

Nignish would reject a $10M acquisition offer from Chegg

“No. I mean, we're really, we're so excited about what we're doing right now that it'd be a hard time.”

Tom Nignish Mar 17, 2021 ▶ 11:58 1,000 Schools Pay them $2m for This Unique Tool

Mar 17, 2021

Disclosure

Nignish: Schools pay Vivid Learning around $1,000 per building annually

“So one of these schools might be around a thousand dollars per year. Per building.”

Tom Nignish Mar 17, 2021 ▶ 4:04 1,000 Schools Pay them $2m for This Unique Tool

Mar 17, 2021 positive

Assertion Not checkable as stated

Vivid Learning renewal rate reaches over 90% via partnerships

“I mean, we, a couple years ago, we were worried about churn through some of these partnerships. It got down to, I think, around 85% renewal, and now we're up around 90 plus, so it's”

Tom Nignish Mar 17, 2021 ▶ 10:39 1,000 Schools Pay them $2m for This Unique Tool

Mar 17, 2021 negative

Assertion Not checkable as stated

COVID-19 dropped Vivid Learning's revenue from $2M to $1.5M

“Well, actually because of COVID, it actually was about two million a year ago. And this last year was around 1.5 million. So we did see a little bit of a fall off.”

Tom Nignish Mar 17, 2021 ▶ 5:11 1,000 Schools Pay them $2m for This Unique Tool

Mar 17, 2021

Assertion Not checkable as stated

Nignish: Vivid Learning maintains over $500K in cash reserves

“500 K plus, you know, on hand.”

Tom Nignish Mar 17, 2021 ▶ 8:08 1,000 Schools Pay them $2m for This Unique Tool

Mar 17, 2021

Disclosure

Vivid Learning charges $2 to $1,000 per user annually depending on device

“Per month is, is around anywhere from, you know, I, we do everything on an annual basis, so it's anywhere from two dollars per user per year up to 500 to a thousand dollars, depends on the device.”

Tom Nignish Mar 17, 2021 ▶ 2:56 1,000 Schools Pay them $2m for This Unique Tool

Mar 17, 2021 neutral

Disclosure

Nignish: Vivid Learning operates entirely on publisher revenue-share partnerships

“Basically every one of our partnerships is some kind of a rev share. And so, you know, some of them are, it's fifty-fifty. Others are, you know, much smaller percentage.”

Tom Nignish Mar 17, 2021 ▶ 11:02 1,000 Schools Pay them $2m for This Unique Tool

Mar 17, 2021 positive

Opinion

Nignish: Vivid Learning is easily worth $7M to $10M

“I would say we're easily a seven to ten million dollar business right now.”

Tom Nignish Mar 17, 2021 ▶ 8:52 1,000 Schools Pay them $2m for This Unique Tool

Mar 17, 2021 neutral

Assertion Not checkable as stated

Nignish: Vivid Learning serves 2,000 school districts and 100+ higher-ed institutions

“We are at about 2000 school districts. And probably a hundred plus higher ed institutions.”

Tom Nignish Mar 17, 2021 ▶ 4:50 1,000 Schools Pay them $2m for This Unique Tool

Vivid Learning

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Everything said about Vivid Learning, oldest first

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