TeamSupport CEO Grant Stanis reveals their largest customer contract value to Nathan Latka.
Assertion Not checkable as stated
TeamSupport's ARR is between $10M and $25M
“We are north of that. Yeah. We don't really, you know, being a private equity backed company, we don't really disclose all of our metrics, but what I can tell you is, is that that is, let's say that we're less than 25, way more than 10.”
Disclosure
TeamSupport avoids debt and outside capital to fund growth
“One of the things you'll hear about my story, and I'm very different than sort of some founders is I'm a firm believer in profitable growth. And so we don't take on, you know, debt or capital to go raise, to go drive, you know incremental growth in the busines…”
Insight
Executives struggle with PE boards by hiding bad news
“That is something where people like really struggle with the PEs. They're going to like bury the news in the headline, or they're not going to take accountability. They're going to blame somebody else. And the box starts with you.”
Opinion
Level Equity expects more than a 2x return on TeamSupport
“I mean, level, I don't think level would be happy with a two time outcome at all. Right. You know, levels notorious. And if you listen to Ben and Sarah talk about it, there is a very consistent number that they do try to achieve, right?”
Disclosure
TeamSupport would immediately accept a $175M cash buyout
“Yes, we would. Absolutely. Right. I mean, that's a great return. It's a great return for anybody. I mean, even, even at, like, think of it like I said 175 divided by 20, right? That's an 8.75 X multiple. That is a great return for a private equity to get eight…”
Assertion Not checkable as stated
TeamSupport has over 1,000 customers
“We've got over a thousand today.”