Assertion certainty 4/5 debate potential 1/5

PlanLeave was virtually pre-revenue when Geisel acquired the company

Andrew Geisel · He acquired a company for under $100k, lead engineer kept 20%, what's his GTM plan? · Nov 26, 2022 · at 6:29

Andrew Geisel, co-founder and CEO of PlanLeave, discusses the financial state of the leave management software when he acquired it.

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“Pre-revenue, except for the company in Spain, so very little revenue, to be very candid.”

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More from Andrew Geisel

Opinion
Geisel: Long-tail search terms like vacation tracking are not competitive
“And if you start going below lead management, go into vacation trackers, time off trackers. It's not that competitive at all. Be very candid.”
Andrew Geisel Nov 26, 2022 ▶ 11:59 He acquired a company for under $100k, lead engineer kept 20%, what's his GTM plan?
Disclosure
Geisel: PlanLeave is focusing most of its budget and attention on SEO
“SEO to be very candid. That's where most of the money's focused right now. And that's where most of the attention is focused.”
Andrew Geisel Nov 26, 2022 ▶ 10:37 He acquired a company for under $100k, lead engineer kept 20%, what's his GTM plan?
Disclosure
Geisel acquired his stake in PlanLeave for less than $100,000
“No, it wasn't more than six figures.”
Andrew Geisel Nov 26, 2022 ▶ 5:55 He acquired a company for under $100k, lead engineer kept 20%, what's his GTM plan?
Disclosure
Geisel acquired an 80 percent equity stake in PlanLeave
“It ended up being 80%.”
Andrew Geisel Nov 26, 2022 ▶ 6:01 He acquired a company for under $100k, lead engineer kept 20%, what's his GTM plan?
Assertion Not publicly verifiable
Geisel: Cameo in Spain Uses PlanLeave for Leave Tracking
“Cameo over in Spain uses the application, and they basically have for the employees, so they set up all their employees, we have a mass invite link to send out to all your employees, they log into the system, they have their own scaled-down dashboard specific …”
Andrew Geisel Nov 26, 2022 ▶ 2:33 He acquired a company for under $100k, lead engineer kept 20%, what's his GTM plan?
Disclosure
Geisel: PlanLeave charges $1.99 per employee per month starting at 30 seats
“Yeah, so we charge my employee, dollar nine, nine cents, basically. We start at a month or a year. Per, per month. Sorry. Yeah. We started at 30 employees.”
Andrew Geisel Nov 26, 2022 ▶ 4:01 He acquired a company for under $100k, lead engineer kept 20%, what's his GTM plan?
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