Assertion certainty 4/5 debate potential 1/5

Mintent reaches $1M in revenue across 100 enterprise logos

Matt Dion · 1372 How He Took Net Revenue Churn from 57% to 10% in 12 Months · Apr 27, 2019 · at 4:12

Matt Dion, CEO of SaaS content marketing platform Mintent, breaks down the company's customer scale and annual run rate.

0:00 / 0:12exact quote · 12.9s
720p mp4 · rendered on demand · StarZero watermark
“We have about 2000 paying individuals. So that's around a hundred companies or so. And we're around a million dollars in revenue.”

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 Matt Dion

Assertion Not checkable as stated
Dion slashed Mintent's annual net revenue churn from 57% down to 10%
“Churn, so I inherited, if you can believe it, a 57% churn rate, and I brought it down, it's getting pretty close to 10%.”
Matt Dion Apr 27, 2019 ▶ 7:48 1372 How He Took Net Revenue Churn from 57% to 10% in 12 Months
Disclosure
Mintent is acquiring a competitor entirely with equity and an earnout
“I'm doing it with equity and earn out.”
Matt Dion Apr 27, 2019 ▶ 9:45 1372 How He Took Net Revenue Churn from 57% to 10% in 12 Months
Prediction Not checkable as stated
Dion will make the acquired company cash-flow positive by cutting OPEX
“No, actually that's already been done. So the team is actually lean and mean. I'm going to be bringing in less operating expenses than the revenue they're producing. So, so I'm actually bringing them in, in their current state. They're not cashflow positive in…”
Matt Dion Apr 27, 2019 ▶ 11:58 1372 How He Took Net Revenue Churn from 57% to 10% in 12 Months
Assertion Not checkable as stated
Gshift had $1.5M revenue run rate when acquired by $1M Mintent
“They were doing about a million and a half. So we were doing about a million.”
Matt Dion May 24, 2020 ▶ 5:22 1765 "How He Doubled ARR to $2m Via Acquisition "
Assertion Not checkable as stated
Dion: Mintent Cut Core Platform Churn from 57% to Under 5%
“When I took the company over three years ago, we had a 57% churn rate. It was just a completely unsustainable situation, and we brought that churn rate down to less than five percent.”
Matt Dion May 24, 2020 ▶ 8:06 1765 "How He Doubled ARR to $2m Via Acquisition "
Assertion Not checkable as stated
Dion: Mintent Added $300K Net New ARR Offsetting 20% Churn
“It would be about 20% because our ARR net new last year was, you know, call it 300,000, and then that's about what the churn would have been, so.”
Matt Dion May 24, 2020 ▶ 10:33 1765 "How He Doubled ARR to $2m Via Acquisition "
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.