Colin Earl, founder and CEO of Agiloft, shares broad revenue metrics for the bootstrapped enterprise software company.
0:00 / 0:09exact quote · 9.3s
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“And I'll just say we're a fair way beyond five million or, you know, seven digits. We're into eight digits.”
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More from Colin Earl
Insight
Earl: Doubling YoY revenue almost always requires operating at a GAAP loss
“It is almost impossible to double revenue year over year without going into the red from a gap perspective.”
Colin EarlSep 27, 2021▶ 15:00Agiloft Founder Feels Good About $50m Run Rate In Next 12-24 Months
Opinion
Earl: Five-year product development cycles are too long for venture capitalists
“And fight for a VC five years from initial investment to halloworld, not an IPO, but the first product built on the platform is way too long. And of course the VCs are calling us now that we've developed it, but they tend to have a very short timeframe.”
Colin EarlMar 5, 2018▶ 3:23954 Launched in 1991 How is Agiloft Closing $1.8m Deals?
Opinion
Earl: DocuSign only handles signatures, lacking full contract lifecycle management
“It's an enterprise secure version of a living contract. DocuSign's just a signature part.”
Colin EarlMar 5, 2018▶ 5:03954 Launched in 1991 How is Agiloft Closing $1.8m Deals?
Disclosure
Earl: Agiloft deliberately throttles marketing because hiring cannot meet demand
“So we're spending, we're deliberately spending less on sale, on marketing and sales than we could. Because if we were to spend significantly more, we wouldn't be able to meet demand. We wouldn't be able to provide the implementation services to get, to make th…”
Colin EarlMar 5, 2018▶ 14:52954 Launched in 1991 How is Agiloft Closing $1.8m Deals?
AssertionSupported
Earl: Agiloft achieved top Gartner ranking purely through bootstrapping
“We had a round of funding from FTV about a year ago. Until then, we had no funding at all. It had grown purely through bootstrapping and actually achieved number one ranking in the Gartner Magic Quadrant, at least in the enterprise critical enterprise capabili…”
Colin EarlSep 27, 2021▶ 3:47Agiloft Founder Feels Good About $50m Run Rate In Next 12-24 Months
What-if
Earl: If starting over, he might raise venture capital early on
“And if I had to do it again, maybe I'd raise capital at the beginning.”
Colin EarlSep 27, 2021▶ 9:13Agiloft Founder Feels Good About $50m Run Rate In Next 12-24 Months
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