Adam Broadway

Founder & CEO, platformOS · 1 appearance on the record.

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founderexecutiveplatformos.com ↗

Adam Broadway co-founded Business Catalyst, a SaaS platform acquired by Adobe Systems in 2009. He is the founder and CEO of platformOS, a cloud platform-as-a-service and marketplace engine used to build custom enterprise applications.

10statements → 6claims → 0claims resolved → 3.7/5average certainty → 1.2/5average debate potential →

6 not checkable as stated how the 6 claims stand · each chip opens the sources

6 assertions · 4 disclosures · every statement was checked. The predictions and assertions are the 6 claims: statements the public record can support or contradict. 0 are resolved, and 6 name no date, number or outcome precise enough to check. Everything else (opinions, insights, what ifs, disclosures) can never be settled by the record, so it carries no assessment.

The record, in short

What the tape says about how Adam argues and how the claims held up. Everything they said, and everything said about them, is in the tabs below.

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Everything Adam Broadway said on Top Founders that made the record, most notable first. Filter by type, assessment or year in the ledger →

Disclosure
UiPath runs its marketplace on PlatformOS
“And they are now running their marketplace on our platform, as well as a whole bunch of other things.”
Adam Broadway Nov 11, 2019 ▶ 4:57 1570 How This $2m ARR CEO Gives Enterprises Their Own Version of Facebook
Assertion Not checkable as stated
PlatformOS annual gross churn has decreased to roughly 5%
“Oh, we haven't we probably have about a, it's down to around five percent and going less because of the annually.”
Adam Broadway Nov 11, 2019 ▶ 12:07 1570 How This $2m ARR CEO Gives Enterprises Their Own Version of Facebook
Assertion Not checkable as stated
PlatformOS boasts net revenue retention of over 120%
“I would say, yeah, I would say at the low, low end of a hundred, 120%. It's definitely just over.”
Adam Broadway Nov 11, 2019 ▶ 15:25 1570 How This $2m ARR CEO Gives Enterprises Their Own Version of Facebook
Disclosure
PlatformOS plans to seek strategic investment rather than venture rounds
“We, I think, you know, throwing some fuel on the fire would be useful in the year ahead and I think some strategic investment for them from the right type of people, and that may even be some of our large enterprise clients might well come in and say, Hey, we …”
Adam Broadway Nov 11, 2019 ▶ 16:40 1570 How This $2m ARR CEO Gives Enterprises Their Own Version of Facebook
Disclosure
Broadway: PlatformOS prices purely on usage like AWS
“It's purely usage. Very similar to the AWS model. So we just go based on how many computational cycles, how many API calls, how much data is uploaded.”
Adam Broadway Nov 11, 2019 ▶ 14:45 1570 How This $2m ARR CEO Gives Enterprises Their Own Version of Facebook
Disclosure
PlatformOS was completely bootstrapped without outside venture funding
“Bootstrapped. We have, we've been Putting our own money in as far as working hard, getting real customers, solving real problems, and working with it.”
Adam Broadway Nov 11, 2019 ▶ 7:50 1570 How This $2m ARR CEO Gives Enterprises Their Own Version of Facebook
Assertion Not checkable as stated
Broadway: PlatformOS has roughly 150 active live customer sites
“Active live, I would say a 150, about half.”
Adam Broadway Nov 11, 2019 ▶ 8:12 1570 How This $2m ARR CEO Gives Enterprises Their Own Version of Facebook
Assertion Not checkable as stated
Broadway: PlatformOS SaaS revenue is evenly split between SMB and enterprise
“So half of it's coming from the SMB mid-tier market, and half of it's coming from our enterprise clients.”
Adam Broadway Nov 11, 2019 ▶ 10:56 1570 How This $2m ARR CEO Gives Enterprises Their Own Version of Facebook
Assertion Not checkable as stated
PlatformOS enterprise clients pay up to $15,000 per month
“We've got a lot of solid enterprise clients, and they're monthlies or anything up to 15 K a month.”
Adam Broadway Nov 11, 2019 ▶ 11:05 1570 How This $2m ARR CEO Gives Enterprises Their Own Version of Facebook
Assertion Not checkable as stated
PlatformOS acquired all customers organically with zero paid advertising
“Well, everything so far has been organic, so we haven't done any formalized advertising.”
Adam Broadway Nov 11, 2019 ▶ 15:51 1570 How This $2m ARR CEO Gives Enterprises Their Own Version of Facebook

Appearances (1)

EpisodeDateSpeaking time
1570 How This $2m ARR CEO Gives Enterprises Their Own Version of Facebook Nov 11, 2019 11m
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