Demandbase founder and CEO Chris Golec explains Demandbase's enterprise customer relationships with major cloud and CRM companies.
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“Well, and all of those companies are large customers of ours.”
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Golec: Startups Likely Need $500K to $1M in Revenue to Raise
“So you gotta have number one, the experience, you gotta have probably 500,000 to a million in revenue already. Yeah. So it's, you know, it's the hurdle gets higher and higher.”
Chris GolecMar 21, 2017▶ 11:37EP 605: Demandbase Will Break $100M ARR 2017 Helping 400 Customers With Account Based Marketing with CEO Chris Golec
PredictionNot checkable as stated
Golec: Demandbase will probably exceed $100M ARR in 2017
“We're, you know, we'll be above probably a hundred million this year.”
Chris GolecMar 21, 2017▶ 12:27EP 605: Demandbase Will Break $100M ARR 2017 Helping 400 Customers With Account Based Marketing with CEO Chris Golec
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Golec: Enterprise deals over $100K require an in-person meeting
“Companies just generally don't buy from other companies for a 100,000 dollars without seeing somebody in person at one time or the other.”
Chris GolecMar 21, 2017▶ 12:54EP 605: Demandbase Will Break $100M ARR 2017 Helping 400 Customers With Account Based Marketing with CEO Chris Golec
PredictionNot checkable as stated
Golec: Demandbase will likely reach capital breakeven by Q2 2018
“We'll probably be capital break even, you know, somewhere, you know, Q one, Q two of next year.”
Chris GolecOct 19, 2017▶ 10:13817: SaaS: DemandBase Raises $65m More, $90m+ ARR, Leading ABM Space, IPO Next?
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Golec: Software barter deals between startups always unravel
“They all, all those things, those deals always unravel because the companies are, you know, so it's funny.”
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Golec: Founders who want to be their own boss work for everyone
“You know, people start companies for the wrong reasons. They start companies because they don't want to work for anybody else. And, you know, what you quickly realize is when you start a company, you're working for everyone, everyone else. You're working for y…”
Chris GolecOct 19, 2017▶ 20:39817: SaaS: DemandBase Raises $65m More, $90m+ ARR, Leading ABM Space, IPO Next?
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