Assertion certainty 4/5 debate potential 1/5

Mariana IQ spends $22,000 to acquire a new enterprise customer

Venkat Nagaswamy · 773: Can $1m MRR Company Grow Into $10m Post Money Valuation? · Sep 5, 2017 · at 14:56

Venkat Nagaswamy, CEO of Mariana IQ, shares the startup's customer acquisition cost metrics with Nathan Latka.

0:00 / 0:05exact quote · 5.7s
720p mp4 · rendered on demand · StarZero watermark
“So the exact numbers we just did the math last week. It's like 22,000 bucks.”

quote is from the automated transcript, cleaned for reading: filler sounds and stutters are removed, nothing is rephrased. names can be misheard (the analysis reads context, assessments check outside sources). how →

More from Venkat Nagaswamy

Assertion Not checkable as stated
Zendesk quadrupled lead volume using Mariana IQ without increasing costs
“These guys are people who spend something like 50 bucks a click to all the way up to a hundred bucks a click on on Google AdWords for something like Helter software, and they were able to increase their lead volume, like, four times, based on Mariana, while ho…”
Venkat Nagaswamy Sep 5, 2017 ▶ 6:51 773: Can $1m MRR Company Grow Into $10m Post Money Valuation?
Disclosure
Mariana IQ averages $4,000 in monthly revenue per customer
“So right now we're doing about 4000 bucks a month on an average per customer.”
Venkat Nagaswamy Sep 5, 2017 ▶ 3:41 773: Can $1m MRR Company Grow Into $10m Post Money Valuation?
Assertion Not checkable as stated
Mariana IQ generates $80K MRR, approaching a $1M ARR
“So last month it was 78, 80, about, essentially tracking close to a million in ARR.”
Venkat Nagaswamy Sep 5, 2017 ▶ 5:17 773: Can $1m MRR Company Grow Into $10m Post Money Valuation?
Disclosure
Mariana IQ raised $2M at a $10M post-money valuation
“We did another round in mid last year, about a year ago Xfinity Ventures from India which is made by leaders from Infosys and Wipro those guys led the round, it was a convert, it was a priced round and we converted everything at essentially, ten million posts.…”
Venkat Nagaswamy Sep 5, 2017 ▶ 8:45 773: Can $1m MRR Company Grow Into $10m Post Money Valuation?
Assertion Not checkable as stated
Mariana IQ grew from zero in 2014 to $550K in 2016
“The first year revenue was zero. I mean, we started, started making our first revenues in late we were doing, we did for month of for the year of 2015, we did one 55,000 2016, we did about five 50 thousand.”
Venkat Nagaswamy Sep 5, 2017 ▶ 4:36 773: Can $1m MRR Company Grow Into $10m Post Money Valuation?
Prediction Not checkable as stated
Mariana IQ is on track to hit $2M revenue in 2017
“Yeah, we're on track, you know, but that's what and we should be able to hit that.”
Venkat Nagaswamy Sep 5, 2017 ▶ 5:04 773: Can $1m MRR Company Grow Into $10m Post Money Valuation?
Made with StarZero

Turn any episode into a week of clips.

This entire site, over 2,600 episodes transcribed, diarized, checked and made playable, runs on the StarZero media pipeline. Drop in your own episode and the podcast clipper finds the moments worth sharing, cuts them, captions them, and reframes them for every feed.