Andrew Geisel, CEO of PlanLeave, details the ownership split agreed upon when buying into the software platform.
0:00 / 0:01exact quote · 1.0s
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“It ended up being 80%.”
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More from Andrew Geisel
Opinion
Geisel: Long-tail search terms like vacation tracking are not competitive
“And if you start going below lead management, go into vacation trackers, time off trackers. It's not that competitive at all. Be very candid.”
Andrew GeiselNov 26, 2022▶ 11:59He acquired a company for under $100k, lead engineer kept 20%, what's his GTM plan?
Disclosure
Geisel: PlanLeave is focusing most of its budget and attention on SEO
“SEO to be very candid. That's where most of the money's focused right now. And that's where most of the attention is focused.”
Andrew GeiselNov 26, 2022▶ 10:37He acquired a company for under $100k, lead engineer kept 20%, what's his GTM plan?
Disclosure
Geisel acquired his stake in PlanLeave for less than $100,000
“No, it wasn't more than six figures.”
Andrew GeiselNov 26, 2022▶ 5:55He acquired a company for under $100k, lead engineer kept 20%, what's his GTM plan?
AssertionNot checkable as stated
PlanLeave was virtually pre-revenue when Geisel acquired the company
“Pre-revenue, except for the company in Spain, so very little revenue, to be very candid.”
Andrew GeiselNov 26, 2022▶ 6:29He acquired a company for under $100k, lead engineer kept 20%, what's his GTM plan?
AssertionNot publicly verifiable
Geisel: Cameo in Spain Uses PlanLeave for Leave Tracking
“Cameo over in Spain uses the application, and they basically have for the employees, so they set up all their employees, we have a mass invite link to send out to all your employees, they log into the system, they have their own scaled-down dashboard specific …”
Andrew GeiselNov 26, 2022▶ 2:33He acquired a company for under $100k, lead engineer kept 20%, what's his GTM plan?
Disclosure
Geisel: PlanLeave charges $1.99 per employee per month starting at 30 seats
“Yeah, so we charge my employee, dollar nine, nine cents, basically. We start at a month or a year. Per, per month. Sorry. Yeah. We started at 30 employees.”
Andrew GeiselNov 26, 2022▶ 4:01He acquired a company for under $100k, lead engineer kept 20%, what's his GTM plan?
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