Mike Brown
1 appearance on the record.
computed by AI from the episodes · how this works → · full disclaimer →
12statements → 8claims → 0claims resolved → 3.67/5average certainty → 1.5/5average debate potential →
8 not checkable as stated how the 8 claims stand · each chip opens the sources
2 predictions · 6 assertions · 2 insights · 2 disclosures · every statement was checked. The predictions and assertions are the 8 claims: statements the public record can support or contradict. 0 are resolved, and 8 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.
Everything Mike Brown said on Top Founders that made the record, most notable first. Filter by type, assessment or year in the ledger →
Brown: Gaining traction in SMB is harder than enterprise
“Well, we have found that the traction
Selling into the small business channel is harder to accomplish than selling into the large corporate global enterprise channel.”
Brown: Fission will triple its run rate by year-end
“Yeah, we've got a hundred percent January to January in our annuity, which is awesome, and we should see three X that by the time we end this year, so it's really starting to take off for us.”
Brown: Enterprise tech sales cycles average 15 months
“Enterprises probably easily in the tech space, 15 months on average from the time that you engage until you have a profitable generating client, right?”
Brown: Digital Asset Management Market Will Reach $22B Within 24 Months
“In our particular area, it's expected to be twenty-two billion. Within the next 12 to 24 months, growing at about 16% per year.”
Brown: Fewer Than 30% of SaaS Companies Are Profitable
“It's probably less than 30%. Of your SaaS companies out there are actually showing a profit.”
Brown: Fission tripled average monthly annuity and doubled total annuity value
“All blended, we've, we have tripled our monthly annuity as a, on an average client basis in the last year. We've doubled the total annuity value just in the last 12 months.”
Brown: No single customer exceeds 5% of Fission's revenue
“I don't think we have any customer right now that represents more than five percent of our total revenue.”
Brown: Fission surpasses $1 million annuity run rate
“And we have eclipsed now on the annuity run rate of over a million.”
Brown personally funded half of Fission's $8 million total capital raised
“Half of it is mine out of hip national bank, both branches, right? And the other half is from friends, family small business folks that that know my track record and so forth.”
Appearances (1)
| Episode | Date | Speaking time |
|---|---|---|
| 1070 Navy Vet Makes Loads Via Lifetime Fitness, Now Digital Asset Management | Jun 29, 2018 | 10m |