Prediction certainty 4/5 debate potential 1/5

Cushman: Kira Talent is breakeven and will turn profitable within months

Emily Cushman · 1288 $6m in ARR and Net Negative 20% Revenue Churn, How?! · Feb 2, 2019 · at 8:34

Emily Cushman, CEO of Kira Talent, describes the company's financial turnaround after returning to leadership in late 2016.

0:00 / 0:06exact quote · 6.2s
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“So now we're operating breakeven. We'll turn to profitability in the next couple months, and it's a whole different way of operating.”

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More from Emily Cushman

Assertion Not checkable as stated
Kira Talent reports net negative 20% revenue churn
“We have -20% churn.”
Emily Cushman Feb 2, 2019 ▶ 12:23 1288 $6m in ARR and Net Negative 20% Revenue Churn, How?!
What-if
Cushman: Kira Talent should have bootstrapped instead of raising venture capital
“Oh, never to raise VC money. I would have bootstrapped this from the start.”
Emily Cushman Feb 2, 2019 ▶ 17:06 1288 $6m in ARR and Net Negative 20% Revenue Churn, How?!
Disclosure
Cushman: Kira Talent's Average ACV Is $20,000 for 1,000 Applicants
“So pretty average is we'll get a program. Maybe it's an MBA program or a master's of finance about a thousand applicants and they'll pay about 20 grand and that's an annual contract value.”
Emily Cushman Feb 2, 2019 ▶ 3:04 1288 $6m in ARR and Net Negative 20% Revenue Churn, How?!
Assertion Not checkable as stated
Cushman: Kira Talent has scaled to 300 university campuses
“300.”
Emily Cushman Feb 2, 2019 ▶ 3:58 1288 $6m in ARR and Net Negative 20% Revenue Churn, How?!
Assertion Supported
Cushman: Kira Talent raised over $8 million across multiple funding rounds
“We did an angel round of 300,000. We did a seed round of just over two million. And then we actually had a leadership change. So our investors brought in a CEO to come in and run the company for a couple of years. And in that time when we had a different CEO h…”
Emily Cushman Feb 2, 2019 ▶ 8:01 1288 $6m in ARR and Net Negative 20% Revenue Churn, How?!
Assertion Not checkable as stated
Kira Talent grows at approximately 75% year-over-year
“So, I mean, we grow, like, just to kind of make it on a broader sense, like, we probably grow 75% year-over-year now, and that's mainly a factor of the space that we're in”
Emily Cushman Feb 2, 2019 ▶ 11:20 1288 $6m in ARR and Net Negative 20% Revenue Churn, How?!
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