Assertion Supported AI assessment confidence: 95% certainty 4/5 debate potential 1/5

Têtu: Coveo powers Salesforce AppExchange and embeds in Adobe Photoshop

Louis Têtu · 1165 Coveo CEO: "We'll pass $100m ARR imminently" on $150m raised for AI powered search · Oct 2, 2018 · at 9:05

Louis Têtu is the CEO of Coveo, describing major customer deployments of Coveo's search and recommendation technology.

0:00 / 0:16exact quote · 16.2s
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“We power the AppExchange you know, at Salesforce, and you know we're embedded within Adobe Photoshop, and you know, we power a lot of the self-service sites of a lot of the software companies.”

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 Louis Têtu

Prediction Held up
Têtu: Coveo will pass $100M ARR very imminently
“We'll cross this and much more very imminently.”
Louis Têtu Oct 2, 2018 ▶ 8:10 1165 Coveo CEO: "We'll pass $100m ARR imminently" on $150m raised for AI powered search
Assertion Not checkable as stated
Têtu: Coveo averaged 158% 24-month net revenue retention over six years
“And net, net overall this is a number we've published, because that's the actual measurement we're at about, net of that churn, we're at about 158% over 24 a month on average for the past six years.”
Louis Têtu Oct 2, 2018 ▶ 13:50 1165 Coveo CEO: "We'll pass $100m ARR imminently" on $150m raised for AI powered search
Insight
Têtu: SaaS LTV modeling beyond five years hits a mathematical plateau
“When you do what's called an NPV, a net present value, if you type that in with that type of IRR, what you'll realize is that looking way, looking beyond five, six, seven, actually beyond eight years out, it's plateau. It's a plateau basically, because if you …”
Louis Têtu Oct 2, 2018 ▶ 17:41 1165 Coveo CEO: "We'll pass $100m ARR imminently" on $150m raised for AI powered search
Assertion Not checkable as stated
Têtu: Coveo average contract value is around $200k ARR
“More around 200,000 ACV annual recurring revenue for the software.”
Louis Têtu Oct 2, 2018 ▶ 3:02 1165 Coveo CEO: "We'll pass $100m ARR imminently" on $150m raised for AI powered search
Assertion Not checkable as stated
Têtu: Coveo has slightly over 1,000 customer installations
“We have about a thousand installations, a little more than a thousand actually mostly in the high tech sector, financial services, and manufacturing.”
Louis Têtu Oct 2, 2018 ▶ 4:11 1165 Coveo CEO: "We'll pass $100m ARR imminently" on $150m raised for AI powered search
Assertion Partly supported
Têtu: Coveo recently raised $125M from a Palo Alto investor
“We recently raised an additional one hundred and twenty five million from a large Palo Alto investor.”
Louis Têtu Oct 2, 2018 ▶ 5:07 1165 Coveo CEO: "We'll pass $100m ARR imminently" on $150m raised for AI powered search
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