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Chitong Leong

Co-founder and CEO, EngageRocket · 1 appearance on the record.

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founderexecutiveLinkedIn ↗engagerocket.co ↗

CheeTung (Chitong) Leong co-founded EngageRocket in 2016, a Singapore-headquartered SaaS platform providing real-time people analytics to improve employee engagement and retention. Prior to founding the company, he served as a Regional Director at Gallup managing Southeast Asia business development.

11statements → 6claims → 0claims resolved → 3.82/5average certainty → 1.09/5average debate potential →

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

6 assertions · 1 insight · 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 Chitong argues and how the claims held up. Everything they said, and everything said about them, is in the tabs below.

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 Chitong Leong on measured tape to publish a rate. This says nothing about how they speak.

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

Insight
Chitong Leong: Southeast Asia is difficult for multinationals due to market fragmentation
“Southeast Asia is such a tough market for multinationals. It's because it's so fragmented in terms of the culture of the language Even geographically, like Indonesia alone has more than 13,000 islands. It's a really tough place to navigate for companies who ar…”
Chitong Leong Jan 3, 2019 ▶ 15:10 1258 This Singapore Based SaaS Helps You Manage Empoyee Feedback, $40k in MRR, 8x yoy growth
Disclosure
EngageRocket reports fully weighted CAC between 5k and 7k SGD
“So we're paying between five to 7000 on a fully weighted basis. So everything from like marketing spend, sales commissions and Singapore dollars.”
Chitong Leong Jan 3, 2019 ▶ 12:59 1258 This Singapore Based SaaS Helps You Manage Empoyee Feedback, $40k in MRR, 8x yoy growth
Disclosure
EngageRocket achieves CAC payback period under six months
“So so we have it's about six months. Let me see if I'm doing that math correctly. 17,000 with 7000. Yeah, it's under six months.”
Chitong Leong Jan 3, 2019 ▶ 13:43 1258 This Singapore Based SaaS Helps You Manage Empoyee Feedback, $40k in MRR, 8x yoy growth
Disclosure
EngageRocket estimates customer LTV between 38k and 45k SGD
“Overall, I mean, we're early to estimate on lifetime value, but we're estimating somewhere between 38 to 45 K of lifetime value”
Chitong Leong Jan 3, 2019 ▶ 13:57 1258 This Singapore Based SaaS Helps You Manage Empoyee Feedback, $40k in MRR, 8x yoy growth
Assertion Not checkable as stated
EngageRocket averages around SGD 17,000 in annual contract value
“So right now we're averaging about 17,000 ACV. Singapore dollars.”
Chitong Leong Jan 3, 2019 ▶ 2:45 1258 This Singapore Based SaaS Helps You Manage Empoyee Feedback, $40k in MRR, 8x yoy growth
Disclosure
EngageRocket Raised SGD 450K in Its First Round
“So we raised 450,000 in that Singapore dollars in that first round.”
Chitong Leong Jan 3, 2019 ▶ 7:09 1258 This Singapore Based SaaS Helps You Manage Empoyee Feedback, $40k in MRR, 8x yoy growth
Assertion Not checkable as stated
EngageRocket reaches around 40 paying customers
“We are at about 40 paying customers so far.”
Chitong Leong Jan 3, 2019 ▶ 9:08 1258 This Singapore Based SaaS Helps You Manage Empoyee Feedback, $40k in MRR, 8x yoy growth
Assertion Not checkable as stated
EngageRocket generated 5k-6k SGD MRR in June 2017
“In June, 2017, we were doing, let me see... Probably, yeah, we were just over maybe five, six K MRR... Singapore dollars.”
Chitong Leong Jan 3, 2019 ▶ 9:36 1258 This Singapore Based SaaS Helps You Manage Empoyee Feedback, $40k in MRR, 8x yoy growth
Assertion Not checkable as stated
EngageRocket churned 3 of 8 customer accounts up for renewal
“We have had about eight logos that were up for churn at this point. We've churned three of them.”
Chitong Leong Jan 3, 2019 ▶ 10:25 1258 This Singapore Based SaaS Helps You Manage Empoyee Feedback, $40k in MRR, 8x yoy growth
Assertion Not checkable as stated
EngageRocket employs 6 outbound sales reps across BDR and AE roles
“We have six people in our outbound sales team. We've got two we have three business development reps, so they're like SDRs and three account executives who carry quota.”
Chitong Leong Jan 3, 2019 ▶ 11:34 1258 This Singapore Based SaaS Helps You Manage Empoyee Feedback, $40k in MRR, 8x yoy growth
Assertion Not checkable as stated
EngageRocket has 17 full-time employees
“We've got 17 full-time employees. We've got a bunch of interns that are really helpful as well.”
Chitong Leong Jan 3, 2019 ▶ 11:55 1258 This Singapore Based SaaS Helps You Manage Empoyee Feedback, $40k in MRR, 8x yoy growth

Appearances (1)

EpisodeDateSpeaking time
1258 This Singapore Based SaaS Helps You Manage Empoyee Feedback, $40k in MRR, 8x yoy grow Jan 3, 2019 8m
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