Workable

32 statements across 2 episodes · 12 bullish · 1 bearish · 1 people on the record · first statement Nov 28, 2018 by Nikos Moraitakis · said 50 times in 10 episodes since 2016 · across every show →

Mentions by year

brought up most by Nathan Latka (34), Nikos Moraitakis (4), Alfonso de la Nuez (2), Tyson Quick (1), Raj Sheth (1), Pablo Fuentes (1), Nathan Berry (1), Daniel Chait (1)

tap a year for its mentions
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0232016201720182019202020212022episodes it came up in
007.51.51532016201720182019202020212022episodesmentions per episode
2022 6 mentions in 2 episodes 3 per episode
2021 1 mention in 1 episode
2020 8 mentions in 1 episode
2018 32 mentions in 3 episodes 11 per episode
2017 2 mentions in 2 episodes 1 per episode
2016 1 mention in 1 episode

every mention, scene by scene, with the transcript →

Everything said about Workable, oldest first

Nov 28, 2018 negative
Disclosure
Moraitakis would reject a $100M to $150M acquisition offer for Workable
“I've been through this conversation so that I know the answer is no.”
Nikos Moraitakis Nov 28, 2018 ▶ 15:21 1222 Workable CEO on Saying "No" to Acquisition Offers, $20m+ in ARR
Nov 28, 2018
Assertion Not checkable as stated
Moraitakis: Workable gained thousands of visits quickly from unoptimized WordPress posts
“We just really put the WordPress ad out there and just put them there with no organization or nothing. A few months later, we were getting thousands of hits of them.”
Nikos Moraitakis Nov 28, 2018 ▶ 9:31 1222 Workable CEO on Saying "No" to Acquisition Offers, $20m+ in ARR
Nov 28, 2018 positive
Assertion Not checkable as stated
Moraitakis: Workable has surpassed $20 million in annual recurring revenue
“The company's making someone like a little bit over twenty million a year.”
Nikos Moraitakis Nov 28, 2018 ▶ 6:14 1222 Workable CEO on Saying "No" to Acquisition Offers, $20m+ in ARR
Nov 28, 2018 neutral
Assertion Contradicted
Moraitakis: Indeed finds candidates but lacks end-to-end recruiting workflow tools
“Well, Indeed is a job site and it helps you find candidates, but it doesn't help you manage the process, run your career pages, manage your interviews, manage your feedback.”
Nikos Moraitakis Nov 28, 2018 ▶ 4:06 1222 Workable CEO on Saying "No" to Acquisition Offers, $20m+ in ARR
Nov 28, 2018
Disclosure
Moraitakis: Workable counts 6,000 customers, adding up to 500 monthly
“In nearly a hundred countries right now 6000 customers and adding something like four or 500 every month.”
Nikos Moraitakis Nov 28, 2018 ▶ 2:56 1222 Workable CEO on Saying "No" to Acquisition Offers, $20m+ in ARR
Nov 28, 2018
Assertion Not checkable as stated
Moraitakis: Workable reached $10M in revenue without a sales team
“We got to ten million revenue without having a sales team.”
Nikos Moraitakis Nov 28, 2018 ▶ 6:46 1222 Workable CEO on Saying "No" to Acquisition Offers, $20m+ in ARR
Nov 28, 2018
Assertion Not checkable as stated
Moraitakis: Workable generates 23 million unique annual visitors via content
“And we do about twenty three million unique visitors a year on our content.”
Nikos Moraitakis Nov 28, 2018 ▶ 7:14 1222 Workable CEO on Saying "No" to Acquisition Offers, $20m+ in ARR
Nov 28, 2018
Assertion Not checkable as stated
Moraitakis: Workable generated $14 million in ARR in late 2017
“We were 12 months ago, we're at 14.”
Nikos Moraitakis Nov 28, 2018 ▶ 13:47 1222 Workable CEO on Saying "No" to Acquisition Offers, $20m+ in ARR
Nov 28, 2018 bullish
Assertion Not checkable as stated
Moraitakis: Workable operates at an LTV to CAC ratio of 6.5
“If you, if your LTV over a CAC is more than three, ours is six and a half.”
Nikos Moraitakis Nov 28, 2018 ▶ 13:23 1222 Workable CEO on Saying "No" to Acquisition Offers, $20m+ in ARR
Nov 28, 2018 positive
Prediction Not checkable as stated
Moraitakis: Workable will reach profitability in 2019
“Ah, yes. Sometime next year.”
Nikos Moraitakis Nov 28, 2018 ▶ 14:47 1222 Workable CEO on Saying "No" to Acquisition Offers, $20m+ in ARR
Nov 28, 2018 positive
Assertion Not checkable as stated
Moraitakis: Workable SMB customer retention reaches 100% after year one
“After year one even for the smaller customers, retention is a hundred percent.”
Nikos Moraitakis Nov 28, 2018 ▶ 12:37 1222 Workable CEO on Saying "No" to Acquisition Offers, $20m+ in ARR
Nov 28, 2018 neutral
Insight
Moraitakis: Founders should only sell if growth stalls or enthusiasm fades
“You would sell if you don't see yourself doing this five years from now, or you don't see it being much bigger five years from now. But if both of those are true then it's very difficult to sell.”
Nikos Moraitakis Nov 28, 2018 ▶ 15:54 1222 Workable CEO on Saying "No" to Acquisition Offers, $20m+ in ARR
Nov 28, 2018 positive
Assertion Not checkable as stated
Moraitakis: 30% of Workable's monthly new business comes from returning customers
“About 30% of our new business every month It's returning customers, people who hired with us before they left and now they're hiring again and they're coming back.”
Nikos Moraitakis Nov 28, 2018 ▶ 10:30 1222 Workable CEO on Saying "No" to Acquisition Offers, $20m+ in ARR
Nov 28, 2018
Disclosure
Moraitakis: Workable created thousands of job description templates for inbound traffic
“We have every job description you can imagine. We have thousands of them. And right now in the beginning, we said, let's find the hundred most popular jobs out there.”
Nikos Moraitakis Nov 28, 2018 ▶ 8:42 1222 Workable CEO on Saying "No" to Acquisition Offers, $20m+ in ARR
Nov 28, 2018 positive
Assertion Not checkable as stated
Moraitakis: Workable's net revenue retention is 101% to 102%
“Retention is over a hundred percent. It's about a 101, a 102.”
Nikos Moraitakis Nov 28, 2018 ▶ 11:14 1222 Workable CEO on Saying "No" to Acquisition Offers, $20m+ in ARR
Nov 28, 2018 neutral
Assertion Not checkable as stated
Moraitakis: Workable's annual gross revenue churn is around 15%
“The gross is something like 15%.”
Nikos Moraitakis Nov 28, 2018 ▶ 11:53 1222 Workable CEO on Saying "No" to Acquisition Offers, $20m+ in ARR
Nov 28, 2018
Assertion Not checkable as stated
Moraitakis: Workable minimum customer LTV is $3,500 to $4,000
“Oh, minimum lifetime value is something like three and a half to 4000 dollars.”
Nikos Moraitakis Nov 28, 2018 ▶ 12:50 1222 Workable CEO on Saying "No" to Acquisition Offers, $20m+ in ARR
Jul 14, 2020 bullish
Disclosure
Moraitakis: Workable is targeting acquisitions in recruitment marketing and community job sites
“Right now we'll, we're very interested in the recruiting marketing space and what's happening with job sites that deviate from traditional job sites and create communities and have you know, richer audiences in terms of the data, their intent and where you can…”
Nikos Moraitakis Jul 14, 2020 ▶ 8:24 Workable Hits $30m Run Rate, Burning $10m, Series C Valuation "Less Than $250m"
Jul 14, 2020
Disclosure
Moraitakis: Workable raised $50 million in its last funding round
“We raised another fifty million last summer.”
Nikos Moraitakis Jul 14, 2020 ▶ 6:28 Workable Hits $30m Run Rate, Burning $10m, Series C Valuation "Less Than $250m"
Jul 14, 2020 neutral
Assertion Not checkable as stated
Moraitakis: Workable CAC payback is 6-7 months SMB, 12-14 months enterprise
“Typically the payback is for the small customers is actually six or seven months, and for the bigger customers is 12 to 14.”
Nikos Moraitakis Jul 14, 2020 ▶ 14:14 Workable Hits $30m Run Rate, Burning $10m, Series C Valuation "Less Than $250m"
Jul 14, 2020
Disclosure
Moraitakis: Workable valued at over $200M in Series C
“A little over 200.”
Nikos Moraitakis Jul 14, 2020 ▶ 16:03 Workable Hits $30m Run Rate, Burning $10m, Series C Valuation "Less Than $250m"
Jul 14, 2020 neutral
Assertion Not checkable as stated
Moraitakis: Workable NRR is over 100% for corporate, 85% for SMBs
“If you add expansion, the net revenue retention is above a hundred for annual corporate customers. For the monthly, the small ones, it's about 85%.”
Nikos Moraitakis Jul 14, 2020 ▶ 13:46 Workable Hits $30m Run Rate, Burning $10m, Series C Valuation "Less Than $250m"
Jul 14, 2020 bullish
Assertion Not checkable as stated
Moraitakis: Workable operates the world's most popular HR website with 25M uniques
“Right now, I think we have the most popular HR website in the world with about twenty five million uniques a year for HR professionals.”
Nikos Moraitakis Jul 14, 2020 ▶ 14:35 Workable Hits $30m Run Rate, Burning $10m, Series C Valuation "Less Than $250m"
Jul 14, 2020
Disclosure
Moraitakis: Workable has about 20,000 customers
“We have about 20,000 customers.”
Nikos Moraitakis Jul 14, 2020 ▶ 2:19 Workable Hits $30m Run Rate, Burning $10m, Series C Valuation "Less Than $250m"
Jul 14, 2020 neutral
Assertion Not checkable as stated
Moraitakis: Workable's prior-year ARR run rate was just under $20M
“Ah, it was, ah, it was about 20, slightly below 20.”
Nikos Moraitakis Jul 14, 2020 ▶ 5:08 Workable Hits $30m Run Rate, Burning $10m, Series C Valuation "Less Than $250m"
Jul 14, 2020
Disclosure
Moraitakis: Workable operates with an 87% gross margin
“Depends then what margin, because we have margin of 87%.”
Nikos Moraitakis Jul 14, 2020 ▶ 17:23 Workable Hits $30m Run Rate, Burning $10m, Series C Valuation "Less Than $250m"
Jul 14, 2020 bullish
Prediction Not checkable as stated
Moraitakis: Workable will pass $30M ARR by year-end
“I think it's going to be this year.”
Nikos Moraitakis Jul 14, 2020 ▶ 4:53 Workable Hits $30m Run Rate, Burning $10m, Series C Valuation "Less Than $250m"
Jul 14, 2020 positive
Assertion Not checkable as stated
Moraitakis: Workable reaches nearly 1.5 million lifetime candidate hires
“About a million, actually, but now it must be nearly about a million and a half. total hires.”
Nikos Moraitakis Jul 14, 2020 ▶ 9:20 Workable Hits $30m Run Rate, Burning $10m, Series C Valuation "Less Than $250m"
Jul 14, 2020 positive
Opinion
Moraitakis: Workable is satisfied with 50% to 60% ARR growth
“So actually we're happy to be at 50, 60% growth. It's the whole picture of the PNL.”
Nikos Moraitakis Jul 14, 2020 ▶ 6:13 Workable Hits $30m Run Rate, Burning $10m, Series C Valuation "Less Than $250m"
Jul 14, 2020
Disclosure
Moraitakis: Workable aims to replace recruiting agencies via flat SaaS pricing
“What we're trying to do is essentially to replace and automate some of what agencies do in the future. and we felt that following their business model would not send the right message.”
Nikos Moraitakis Jul 14, 2020 ▶ 9:56 Workable Hits $30m Run Rate, Burning $10m, Series C Valuation "Less Than $250m"
Jul 14, 2020
Disclosure
Moraitakis: 75% of Workable customers have under 100 employees
“About three quarters of our customers are companies with fewer than hundred employees.”
Nikos Moraitakis Jul 14, 2020 ▶ 2:55 Workable Hits $30m Run Rate, Burning $10m, Series C Valuation "Less Than $250m"
Jul 14, 2020 bullish
Insight
Moraitakis: Workable avoids enterprise contracts to protect its SMB market lead
“To be honest with you, we're not so keenly interested in million dollar contracts because that would necessarily mean that the product would become less appealing to the smaller customers. Right now, the way the market is we are the leading player with compani…”
Nikos Moraitakis Jul 14, 2020 ▶ 11:40 Workable Hits $30m Run Rate, Burning $10m, Series C Valuation "Less Than $250m"
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