Disclosure certainty 4/5 debate potential 1/5

Coolleaf models customer lifetime at 3 to 4 years

Prem Bhatia · Quit 6 Figure Corporate Job With a Kid to Launch SaaS Startup, EP 267: Prem Bhatia · Jun 8, 2016 · at 11:15

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.”

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 Prem Bhatia

Assertion Not 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 Bhatia Jun 8, 2016 ▶ 5:34 Quit 6 Figure Corporate Job With a Kid to Launch SaaS Startup, EP 267: Prem Bhatia
Assertion Not 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 Bhatia Jun 8, 2016 ▶ 6:07 Quit 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 Bhatia Jun 8, 2016 ▶ 7:31 Quit 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 Bhatia Jun 8, 2016 ▶ 9:04 Quit 6 Figure Corporate Job With a Kid to Launch SaaS Startup, EP 267: Prem Bhatia
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