Assertion certainty 4/5 debate potential 1/5

Coburn: Jebbit is closing contracts worth $20K to $30K per month

Tom Coburn · 858 SaaS: College Business Plan Turned $4m Biz, "We Just Raised $6m" · Nov 29, 2017 · at 9:35

Tom Coburn, co-founder and CEO of declared data platform Jebbit, discusses the evolution of the company's enterprise pricing on Top Founders.

0:00 / 0:03exact quote · 3.5s
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“We're starting to book more deals in the like 20 to 30 K a month range.”

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 Tom Coburn

Assertion Not checkable as stated
Coburn: About 60% of consumers start Jebbit interactive experiences
“On average about 60%.”
Tom Coburn Nov 29, 2017 ▶ 5:37 858 SaaS: College Business Plan Turned $4m Biz, "We Just Raised $6m"
Insight
Coburn: Enterprise customer data is often inaccurate from third-party sourcing
“A lot of the data they have is either inaccurate outdated or potentially just irrelevant. Which has to do with really the way they have built their customer databases, which is often from piping in a lot of different third party data sources, behavioral data, …”
Tom Coburn Nov 29, 2017 ▶ 2:38 858 SaaS: College Business Plan Turned $4m Biz, "We Just Raised $6m"
Assertion Not checkable as stated
Coburn: 95% of consumers who start a Jebbit experience finish it
“What we are really good at by this point, having been doing this for about five years is that 95% of people that start one of these will go all the way through.”
Tom Coburn Nov 29, 2017 ▶ 5:04 858 SaaS: College Business Plan Turned $4m Biz, "We Just Raised $6m"
Assertion Not checkable as stated
Coburn: Jebbit's average customer pays $3,000 to $4,000 per month
“Average per month's around three or 4000 dollars.”
Tom Coburn Nov 29, 2017 ▶ 7:00 858 SaaS: College Business Plan Turned $4m Biz, "We Just Raised $6m"
Assertion Supported
Coburn: Jebbit closed a $6.8M round after two seed rounds
“We did a convertible note to start and then we did a seed round in 2013. We did another seed round in 2015 and then we just closed a 6.8 million a couple weeks ago.”
Tom Coburn Nov 29, 2017 ▶ 7:54 858 SaaS: College Business Plan Turned $4m Biz, "We Just Raised $6m"
Disclosure
Coburn: Jebbit's annual logo churn was just under 20%
“So last year we lost just under 20% of logos annually which part of which was some of our own decision making, which I can get into in a second.”
Tom Coburn Nov 29, 2017 ▶ 11:16 858 SaaS: College Business Plan Turned $4m Biz, "We Just Raised $6m"
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