Coolleaf co-founder Prem Bhatia explains customer retention and lifetime assumptions to Nathan Latka.
0:00 / 0:06exact quote · 6.9s
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“Our sort of modeled out lifetime value or our modeled out lifetime is about three or four years.”
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More from Prem Bhatia
AssertionNot checkable as stated
Bhatia: Coolleaf has about 25 to 26 current customers
“We have about 25, 26 current customers that range from mid-sized businesses to the Fortune 500.”
Prem BhatiaJun 8, 2016▶ 5:34Quit 6 Figure Corporate Job With a Kid to Launch SaaS Startup, EP 267: Prem Bhatia
AssertionNot checkable as stated
Bhatia: Coolleaf's average contract size is $25,000 to $30,000
“On average, we're right around 25, 30 K. So, you know, not the six figures, but you know, well, you know, five figure kind of deals.”
Prem BhatiaJun 8, 2016▶ 6:07Quit 6 Figure Corporate Job With a Kid to Launch SaaS Startup, EP 267: Prem Bhatia
Disclosure
Bhatia: Coolleaf has raised about $800,000 in total funding
“We in total have done about 800 K, you know, from the life of the business. So we're still under a million in funding.”
Prem BhatiaJun 8, 2016▶ 7:31Quit 6 Figure Corporate Job With a Kid to Launch SaaS Startup, EP 267: Prem Bhatia
Disclosure
Bhatia: Coolleaf currently employs about 11 people
“So we're we were on lean. We're about 11 people right now.”
Prem BhatiaJun 8, 2016▶ 9:04Quit 6 Figure Corporate Job With a Kid to Launch SaaS Startup, EP 267: Prem Bhatia
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