Disclosure certainty 4/5 debate potential 1/5

Clear C-Two includes professional services in subscriptions at no extra charge

Mickey Patton · 1425 He Pivoted From IBM Reseller to SaaS in 1998, Now $5m in ARR · Jun 19, 2019 · at 8:44

Mickey Patton is the CEO of Clear C-Two, a manufacturing CRM company, speaking with Nathan Latka about customer retention and operations.

0:00 / 0:19exact quote · 20.0s
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“Our business model is that we provide the services as part of that subscription. So you sign up with us and you have a report that you want, or you have a change in some of the business processes that you have. We do that as part of the subscription, but we don't charge extra for services. We don't outsource it to another partner.”

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 Mickey Patton

Assertion Not checkable as stated
Patton: Clear C-Two experiences less than 10% annual logo churn
“It's less than 10%.”
Mickey Patton Jun 19, 2019 ▶ 9:19 1425 He Pivoted From IBM Reseller to SaaS in 1998, Now $5m in ARR
Assertion Not checkable as stated
Patton: Clear C-Two averages 100 to 150 seats per signup
“Right now it's hundred, right? ... A hundred to a 150.”
Mickey Patton Jun 19, 2019 ▶ 12:12 1425 He Pivoted From IBM Reseller to SaaS in 1998, Now $5m in ARR
Assertion Not checkable as stated
Clear C-Two has a 10% close rate and a $10,000 CAC
“It's certainly over a thousand dollars. So per new customer, and that's a per prospect probably is more and more accurate. So you get 10% of that. So that number is probably more in the 10,000 range, right? To acquire a prospect, which you got probably a 10% c…”
Mickey Patton Jun 19, 2019 ▶ 12:49 1425 He Pivoted From IBM Reseller to SaaS in 1998, Now $5m in ARR
Assertion Not checkable as stated
Clear C-Two grew revenue by roughly 60% year-over-year
“Based upon a year ago, about 60%.”
Mickey Patton Jun 19, 2019 ▶ 14:45 1425 He Pivoted From IBM Reseller to SaaS in 1998, Now $5m in ARR
Assertion Not checkable as stated
Patton: Clear C-Two revenue growth driven primarily by seat expansion
“Yep. Expanding the seats on logos we already have.”
Mickey Patton Jun 19, 2019 ▶ 14:59 1425 He Pivoted From IBM Reseller to SaaS in 1998, Now $5m in ARR
Assertion Not checkable as stated
Clear C-Two has surpassed $5 million in annual recurring revenue
“Yeah, we're past five million.”
Mickey Patton Jun 19, 2019 ▶ 15:11 1425 He Pivoted From IBM Reseller to SaaS in 1998, Now $5m in ARR
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