Assertion certainty 3/5 debate potential 1/5

Girvin: Orchestra CMS customers pay $150K to $500K annually on average

Douglas Girvin · 999 He Bet Big on Salesforce, Now His CMS Does $7.5m · Apr 19, 2018 · at 3:46

Douglas Girvin, founder and CEO of Stantive Technologies Group (makers of Orchestra CMS), discusses his enterprise customer contract values with Nathan Latka.

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“It really varies widely, but if you sort of stuck it in the middle somewhere, you know, between 150 and a half a million dollars a year.”

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More from Douglas Girvin

Disclosure
Girvin: Stantive has raised around $15 million in capital
“Somewhere around fifteen million.”
Douglas Girvin Apr 19, 2018 ▶ 5:10 999 He Bet Big on Salesforce, Now His CMS Does $7.5m
Assertion Not checkable as stated
Girvin: Orchestra CMS landed Fortune 100 clients within six months
“Within six months of launching the product, we were into fortune 100 companies.”
Douglas Girvin Apr 19, 2018 ▶ 5:23 999 He Bet Big on Salesforce, Now His CMS Does $7.5m
Assertion Not checkable as stated
Girvin: Orchestra CMS serves over 50 Fortune 500/600 enterprise customers
“It's somewhere north of about 50 large enterprise customers, mostly in the Fortune, 500, Fortune, 600 space.”
Douglas Girvin Apr 19, 2018 ▶ 6:01 999 He Bet Big on Salesforce, Now His CMS Does $7.5m
Assertion Not checkable as stated
Girvin: Stantive Has Had Negative Net Revenue Churn for Three Years
“So the, so our retention rate to our churn on a revenue basis has been negative for the past three years. We don't, we see probably three or four percent churn in terms of number of customers leaving. But in terms of revenue, it's negative.”
Douglas Girvin Apr 19, 2018 ▶ 7:24 999 He Bet Big on Salesforce, Now His CMS Does $7.5m
Assertion Not checkable as stated
Girvin: Stantive's largest customer has over 2 million employees
“We have our largest customer is over two million employees.”
Douglas Girvin Apr 19, 2018 ▶ 10:45 999 He Bet Big on Salesforce, Now His CMS Does $7.5m
Assertion Not checkable as stated
Girvin: Stantive is growing revenue at 40% year-over-year
“About 40% at the moment.”
Douglas Girvin Apr 19, 2018 ▶ 12:24 999 He Bet Big on Salesforce, Now His CMS Does $7.5m
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