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Charles Ramsey

Former CEO, Sauce Labs · 1 appearance on the record.

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executiveoperatorinvestorsaucelabs.com ↗

Ramsey served as CEO of cloud-based continuous testing platform Sauce Labs from 2015 to 2019, steering multi-fold revenue growth and major funding rounds. Before that, he was an executive leading worldwide sales and marketing at Quest Software and served on the board of directors at ServiceNow.

7statements → 5claims → 1claims resolved → 3.86/5average certainty → 1/5average debate potential → 5said about them ↓

0 supported 0 partly supported 1 contradicted 4 not checkable as stated how the 5 claims stand · each chip opens the sources

5 assertions · 2 disclosures · every statement was checked. The predictions and assertions are the 5 claims: statements the public record can support or contradict. 1 is resolved, and 4 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 Charles argues and how the claims held up. Everything they said, and everything said about them, is in the tabs below.

Their most notable contradicted claim

Assertion Contradicted
Sauce Labs has raised over $130M in total funding
“One 30 something. Yeah, one 30 plus.”
Charles Ramsey Mar 28, 2017 ▶ 3:45 EP 612: Sauce Labs Raises $130M (At Great Valuation!) Helping 3500 Customers Execute Concurrent and Parallel High Fidelity Testing with CEO Charles Ramsey

How they sound: not measured why? →

We measure speaking style by listening to the audio itself, and a fair number needs at least 2,000 words from one person on tape we have measured. There is too little of Charles Ramsey on measured tape to publish a rate. This says nothing about how they speak.

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

Assertion Not checkable as stated
Ramsey: Sauce Labs generates ARR in the neighborhood of $30M+
“Well, that, that neighborhood, yes.”
Charles Ramsey Mar 28, 2017 ▶ 16:41 EP 612: Sauce Labs Raises $130M (At Great Valuation!) Helping 3500 Customers Execute Concurrent and Parallel High Fidelity Testing with CEO Charles Ramsey
Disclosure
Ramsey: Sauce Labs reached a $152M post-money valuation in funding round
“Well, our valuation was one 52.”
Charles Ramsey Mar 28, 2017 ▶ 16:58 EP 612: Sauce Labs Raises $130M (At Great Valuation!) Helping 3500 Customers Execute Concurrent and Parallel High Fidelity Testing with CEO Charles Ramsey
Disclosure
Sauce Labs CEO Charles Ramsey says capital was used to acquire TestObject
“And we very quickly applied that money to buy A very interesting company out of Berlin test object in the mobile space, and it really helps us round out a critical area for us, and we've invested quite a bit of time in mobile, but what these guys were doing wa…”
Charles Ramsey Mar 28, 2017 ▶ 3:17 EP 612: Sauce Labs Raises $130M (At Great Valuation!) Helping 3500 Customers Execute Concurrent and Parallel High Fidelity Testing with CEO Charles Ramsey
Assertion Contradicted
Sauce Labs has raised over $130M in total funding
“One 30 something. Yeah, one 30 plus.”
Charles Ramsey Mar 28, 2017 ▶ 3:45 EP 612: Sauce Labs Raises $130M (At Great Valuation!) Helping 3500 Customers Execute Concurrent and Parallel High Fidelity Testing with CEO Charles Ramsey
Assertion Not checkable as stated
Ramsey: Sauce Labs has 3,500 customers, including 500 on annual contracts
“We have 3500 customers. 3000 of that are self-serve. 500 plus are contract, which means they're on a 12 month contract with us.”
Charles Ramsey Mar 28, 2017 ▶ 13:21 EP 612: Sauce Labs Raises $130M (At Great Valuation!) Helping 3500 Customers Execute Concurrent and Parallel High Fidelity Testing with CEO Charles Ramsey
Assertion Not checkable as stated
Ramsey: Sauce Labs contract customers average $50k in ARR
“The 500 customers are the folks that I'm talking about that have an AR of, you know, 50 K.”
Charles Ramsey Mar 28, 2017 ▶ 15:19 EP 612: Sauce Labs Raises $130M (At Great Valuation!) Helping 3500 Customers Execute Concurrent and Parallel High Fidelity Testing with CEO Charles Ramsey
Assertion Not checkable as stated
Ramsey: Sauce Labs kept annualized ARR churn below 10% for most of the year
“And the goal is to be sub 10%, and we were sub 10% most of the year.”
Charles Ramsey Mar 28, 2017 ▶ 19:21 EP 612: Sauce Labs Raises $130M (At Great Valuation!) Helping 3500 Customers Execute Concurrent and Parallel High Fidelity Testing with CEO Charles Ramsey

The other half of the tape: Charles Ramsey's own voice is left out of every number here. Other people bring the name up 5 times in 3 episodes on Top Founders. every mention, with the transcript →

Who brings them up most Nathan Latka 5

Every mention by year

tap a year for its mentions
002142201720182019episodesmentions
012201720182019episodes it came up in
001122201720182019episodesmentions per episode
2019 1 mention in 1 episode
2017 4 mentions in 2 episodes 2 per episode

Appearances (1)

EpisodeDateSpeaking time
EP 612: Sauce Labs Raises $130M (At Great Valuation!) Helping 3500 Customers Execute Concu Mar 28, 2017 11m
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