Yeti Data

6 statements across 1 episodes · 2 bullish · 1 bearish · 1 people on the record · first statement Nov 3, 2017 by Victor Szczerba · said 6 times in 1 episodes since 2017 · across every show →

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2017 6 mentions in 1 episode

832: SaaS: Machine Learning and AI for Re-Engaging Customers, $250k ACV and $1.5m Raised Nov 3, 2017 · 6 mentions · from 0:03
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Everything said about Yeti Data, oldest first

Nov 3, 2017

Insight

Szczerba: Data products should avoid seat-based pricing to maximize customer value

“In fact, we love universal usage of our data with inside of a customer, right? The more they use, the more valuable we are to them. And so we don't want to put in any kind of artificial barriers and saying, oh my God, there's only this many people get these re…”

Victor Szczerba Nov 3, 2017 ▶ 2:58 832: SaaS: Machine Learning and AI for Re-Engaging Customers, $250k ACV and $1.5m Raised

Nov 3, 2017 positive

Disclosure

Yeti Data offered a 30-20-10% decaying discount on its convertible note

“So, 30% discount if you discount, if you came in in the first 30 days of fundraising, then 20% in the second day, and then 10% after that.”

Victor Szczerba Nov 3, 2017 ▶ 8:39 832: SaaS: Machine Learning and AI for Re-Engaging Customers, $250k ACV and $1.5m Raised

Nov 3, 2017

Assertion Not checkable as stated

Szczerba: Yeti Data serves fewer than half a dozen customers

“So we have, we're less than half a dozen.”

Victor Szczerba Nov 3, 2017 ▶ 6:45 832: SaaS: Machine Learning and AI for Re-Engaging Customers, $250k ACV and $1.5m Raised

Nov 3, 2017 negative

Insight

Szczerba: Professional services revenue is a failure for a software company

“Quite frankly, we see professional services revenue as a fail.”

Victor Szczerba Nov 3, 2017 ▶ 12:23 832: SaaS: Machine Learning and AI for Re-Engaging Customers, $250k ACV and $1.5m Raised

Nov 3, 2017

Assertion Not checkable as stated

Szczerba: Yeti Data customers pay $250k to $500k annually

“Average customers is paying us around two 50 to 500 K a year.”

Victor Szczerba Nov 3, 2017 ▶ 2:45 832: SaaS: Machine Learning and AI for Re-Engaging Customers, $250k ACV and $1.5m Raised

Nov 3, 2017 bullish

Prediction Not checkable as stated

Szczerba: $1M ARR will secure a $15M to $20M Series A valuation

“I think a good AIR at a million bucks is gonna get us a really nice Series A. Where you're selling 10, 20% of the company in good terms? 10, 20% of the company in good terms, you know pre-money valuation between the 15 to twenty-ish.”

Victor Szczerba Nov 3, 2017 ▶ 13:01 832: SaaS: Machine Learning and AI for Re-Engaging Customers, $250k ACV and $1.5m Raised

Yeti Data

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