Bengal: Redis Labs is two to two and a half years from an IPO
Offer Bengal · 1337 How RedisLabs Scaled to $60m+ in ARR More Efficiently than MongoDB · Mar 23, 2019 · at 9:02
Redis Labs CEO Offer Bengal outlines the company's timeline for an initial public offering to Nathan Latka.
0:00 / 0:10exact quote · 10.2s
720p mp4 · rendered on demand · StarZero watermark
“We think that, you know, in order to do You know, a nice sizable IPO we need approximately two, two and a half 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 Offer Bengal
Bengal: Redis Labs is way more capital efficient than MongoDB
“If you take a company like MongoDB, they raised approximately north of three hundred million before they went public. This means that we probably are way more efficient than MongoDB, and that is considered a very successful company.”
Bengal: Redis Labs rejects professional services model
“No, we do not do professional services. We are against this model. We think it's not good.”
Bengal: Redis Labs manages 8,500 enterprise clients with five DevOps engineers
“Well, we have today approximately 8500 enterprise clients and approximately a 100,000 free customers on our free tiers. And all that is managed by five DevOps.”
Redis Labs has 250 enterprise software customers out of 8,500 total
“So we have, you know, we have 8500 customers. Out of them, approximately 250 are software customers, and these are the big enterprise customers. The service customers are much smaller.”