Corey Warfield clarifies Shedwell's actual monthly recurring revenue after discussing customer averages with Nathan Latka.
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“Or like two KMRR.”
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More from Corey Warfield
Disclosure
Warfield countered a $5M buyout offer for Shedwell with $100M
“I literally countered with a hundred million. We know where we're taking this.”
Corey WarfieldAug 24, 2019▶ 10:181491 $1k/mo Scheduling Tool Turns Down $5m Offer, would you do the same?
Disclosure
Warfield: Shedwell had under $1K MRR when offered a $5M buyout
“We were under a one K a month in MRR when that offer was made about three months ago.”
Corey WarfieldAug 24, 2019▶ 12:231491 $1k/mo Scheduling Tool Turns Down $5m Offer, would you do the same?
Opinion
Warfield: Extra sleep would come at the detriment of startup progress
“I think sleep would be at the detriment of progress and luckily at a young 40, I don't need much more than I'm getting.”
Corey WarfieldAug 24, 2019▶ 14:481491 $1k/mo Scheduling Tool Turns Down $5m Offer, would you do the same?
AssertionNot checkable as stated
Warfield: Fortune 50 firm reached out for potential 7-figure contract
“We have three international companies. One's a Fortune 50 company that's reached out. They want to figure out not only how to get us live on their B to B SaaS platform, but also to use us company-wide. They'd be our first seven-figure client.”
Corey WarfieldAug 24, 2019▶ 4:301491 $1k/mo Scheduling Tool Turns Down $5m Offer, would you do the same?
AssertionPartly supported
Warfield: Intuit acquired a close scheduling competitor for $346 million
“So earlier this year, a very close competitor of ours was bought by Intuit for three hundred forty six million dollars.”
Corey WarfieldAug 24, 2019▶ 9:531491 $1k/mo Scheduling Tool Turns Down $5m Offer, would you do the same?
Disclosure
Warfield: Shedwell to shift to $29 per-manager pricing in Q1
“We're moving more into a licensing model in Q one of next year, where it'll be 29 dollars per manager that needs access to the tool.”
Corey WarfieldAug 24, 2019▶ 3:111491 $1k/mo Scheduling Tool Turns Down $5m Offer, would you do the same?
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