Delivra CEO Neil Berman explains which investment banking division is advising the company on debt and capital raising options.
0:00 / 0:09exact quote · 9.8s
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“So our local banker is has contacted the capital markets team and we're scheduled to talk with them later this month or early next year.”
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More from Neil Berman
Insight
Berman: Organic SaaS growth is limited by working capital constraints
“So there's a limit to how fast we can grow organically. Because at some point when that that line gets too steep, you run out of working capital.”
Neil BermanDec 28, 2016▶ 6:22EP 522: Delivra $15M 2017 Goal, $700k MRR Now, Helping 450+ Customers Sell Things with CEO Neil Berman
AssertionNot checkable as stated
Berman: Delivra has 500 direct paying clients and thousands via resellers
“500 direct paying clients and we have a couple thousand extra through resellers.”
Neil BermanDec 28, 2016▶ 2:24EP 522: Delivra $15M 2017 Goal, $700k MRR Now, Helping 450+ Customers Sell Things with CEO Neil Berman
AssertionNot checkable as stated
Berman: Delivra customers pay an average of $10,000 per year
“So they're paying us 10,000 a year, so I guess that's what, but somewhere between eight, 900 dollars per month.”
Neil BermanDec 28, 2016▶ 2:35EP 522: Delivra $15M 2017 Goal, $700k MRR Now, Helping 450+ Customers Sell Things with CEO Neil Berman
AssertionNot checkable as stated
Berman: Delivra will generate $4.8M in revenue in 2016
“We're doing 4.8 million a year. That's what we're going to do this year.”
Neil BermanDec 28, 2016▶ 3:03EP 522: Delivra $15M 2017 Goal, $700k MRR Now, Helping 450+ Customers Sell Things with CEO Neil Berman
AssertionNot checkable as stated
Berman: Delivra generated $4.2M to $4.3M in 2015 revenue
“I think we did four two to four three. So, we've had you know, a reasonably good increase over the year.”
Neil BermanDec 28, 2016▶ 3:34EP 522: Delivra $15M 2017 Goal, $700k MRR Now, Helping 450+ Customers Sell Things with CEO Neil Berman
Disclosure
Berman: Delivra's 2016 monthly gross churn was 1.5%
“This year it was 1.5% and our goal for next year is one percent.”
Neil BermanDec 28, 2016▶ 4:29EP 522: Delivra $15M 2017 Goal, $700k MRR Now, Helping 450+ Customers Sell Things with CEO Neil Berman
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