Osman Rashid highlights CNBC as a customer to illustrate Convo's real-time communication capabilities.
0:00 / 0:10exact quote · 10.5s
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“One of our customers is CNBC and all breaking news that happens on CNBC goes through Convo because that's the breaking news group uses Convo as the collaboration tool as well”
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More from Osman Rashid
AssertionNot checkable as stated
Convo's Annual Gross Revenue Churn Is Below 5%
“It's below five percent actually.”
Osman RashidDec 6, 2019▶ 12:211595 Chegg Founder's New SaaS Company Breaks $7m ARR To Help CNBC Communicate
AssertionNot checkable as stated
Convo Averages 250% Cohort Expansion Per Customer Over 12 Months
“Yeah, look, I mean, the cohorts in which you come in from a customer, say a customer that started in 2017, right? We, if we take a look at that as a cohort, we see almost 250% growth on average within, within a customer.”
Osman RashidDec 6, 2019▶ 13:411595 Chegg Founder's New SaaS Company Breaks $7m ARR To Help CNBC Communicate
Insight
A 24-Month CAC Payback Is Acceptable With Five-Year Enterprise Retention
“So you're willing to, you know, pay twice as much as what the value would be in the first year. Cause if a customer is staying for five years, you're doing pretty well.”
Osman RashidDec 6, 2019▶ 15:091595 Chegg Founder's New SaaS Company Breaks $7m ARR To Help CNBC Communicate
PredictionNot checkable as stated
Convo Expects 5x Growth in Q1 2019 Over Full-Year 2018
“We're at the stage where we can predict five X growth just in the first quarter over all of 2018.”
Osman RashidDec 6, 2019▶ 15:471595 Chegg Founder's New SaaS Company Breaks $7m ARR To Help CNBC Communicate
AssertionNot checkable as stated
97% of Convo Usage Is Document Collaboration, Not Messaging
“Our use case really is three percent of us as users for messaging, so we frankly plan to integrate with products like Slack. 97% of our use case is people working on a document or a conversation in large groups”
Osman RashidDec 6, 2019▶ 2:171595 Chegg Founder's New SaaS Company Breaks $7m ARR To Help CNBC Communicate
AssertionNot checkable as stated
80% of Large Retailer Workforces Like H&M Lack Corporate Email
“Because in a large entity, such as H&M, 80% of your workforce doesn't have email.”
Osman RashidDec 6, 2019▶ 4:011595 Chegg Founder's New SaaS Company Breaks $7m ARR To Help CNBC Communicate
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