Mark Daniels, CEO of Results.com and former founding executive at Diligent, discusses his personal financial commitment and syndicate funding for Results.com.
0:00 / 0:06exact quote · 6.4s
720p mp4 · rendered on demand · StarZero watermark
“Well, overall, we brought in thirteen million dollars. Personally, I've only put in a little bit less than a million.”
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More from Mark Daniels
AssertionSupported
Daniels: Diligent maintained a 98.5% customer retention rate
“We were, you know, that, that company had a 99, 98.5% client retention rate.”
Mark DanielsApr 16, 2018▶ 13:29996 Guess Why This $600m Man Came out of "Martha Vineyard" Retirement
Disclosure
Results.com refunds $12,000 annual contracts if a client fails to grow
“We have just instituted a money back guarantee, which is probably unheard of, I think in the SaaS business, like, you know, pay us for 12,000 dollars, pay us 12,000 dollars over a year, and if your company doesn't grow, we'll give you your money back.”
Mark DanielsApr 16, 2018▶ 14:10996 Guess Why This $600m Man Came out of "Martha Vineyard" Retirement
AssertionContradicted
Diligent reached $80M ARR and one-third of Fortune 500 by 2012
“When I stepped away from the company in 2012 we were up to that 8070 to eighty million dollars a year in reoccurring revenue. And serving about one third of the Fortune 500 companies.”
Mark DanielsApr 16, 2018▶ 2:31996 Guess Why This $600m Man Came out of "Martha Vineyard" Retirement
AssertionNot publicly verifiable
Mark Daniels: Launched first online store in 1985 on CompuServe
“I launched my first online store in 1985. People always challenged me on that, but it was part of CompuServe's electronic mall before the internet.”
Mark DanielsApr 16, 2018▶ 3:12996 Guess Why This $600m Man Came out of "Martha Vineyard" Retirement
AssertionNot checkable as stated
Mark Daniels: Results.com has slightly under 500 active customers
“We're only at about 500 to shy 500 right now.”
Mark DanielsApr 16, 2018▶ 6:41996 Guess Why This $600m Man Came out of "Martha Vineyard" Retirement
AssertionNot checkable as stated
Daniels: Results.com generates just under $5 million in annual revenue
“We're at about just shy of five million in total yearly revenue, so yes.”
Mark DanielsApr 16, 2018▶ 7:40996 Guess Why This $600m Man Came out of "Martha Vineyard" Retirement
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