Assertion certainty 4/5 debate potential 1/5

Harris: Quantum Workplace reached $7.2M in 2016 with 25% 10-year CAGR

Greg Harris · 855 How This Bootstrapped CEO is Competing with $400m Raised Qualtrics · Nov 26, 2017 · at 8:43

Greg Harris, CEO of Quantum Workplace, details the company's 2016 revenue and long-term 10-year compound annual growth rate.

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“Last year, we did seven two, so we're gonna do mid-thirties. Our, if we look back, that's a good year for us. If we look back for the last 10 years, CAGR is 25%.”

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More from Greg Harris

Opinion
Harris: Glassdoor relies on former employees while Quantum surveys current staff
“They're capturing data mostly from external or from former employees as opposed to internal employees. So our surveys are authorized by the companies and actually used for development purposes inside the companies.”
Greg Harris Nov 26, 2017 ▶ 13:40 855 How This Bootstrapped CEO is Competing with $400m Raised Qualtrics
What-if
Harris: Venture playbook might have scaled Quantum in 5 years instead of 14
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Greg Harris Nov 26, 2017 ▶ 6:21 855 How This Bootstrapped CEO is Competing with $400m Raised Qualtrics
Assertion Not checkable as stated
Harris: Quantum Workplace churn is driven by executive changes, not competitors
“If we churn a client, it's not because they're leaving us for a competitor, it's because they, There was a CEO change, or there was a chief human resource officer change”
Greg Harris Nov 26, 2017 ▶ 10:19 855 How This Bootstrapped CEO is Competing with $400m Raised Qualtrics
Assertion Not checkable as stated
Harris: Quantum Workplace's ACV is $25,000 to $30,000
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Greg Harris Nov 26, 2017 ▶ 3:23 855 How This Bootstrapped CEO is Competing with $400m Raised Qualtrics
Disclosure
Harris: Quantum Workplace has never raised professional capital
“We've never raised professional money. We we're a Midwestern company. We bootstrapped all the way.”
Greg Harris Nov 26, 2017 ▶ 6:11 855 How This Bootstrapped CEO is Competing with $400m Raised Qualtrics
Assertion Not checkable as stated
Harris: Quantum Workplace serves 2,200 paying customers across two segments
“We'll collect 2200 checks from customers. We kind of divide those into two buckets. We have a transactional kind of a freemium to upgrade model, which is probably 1500 of those customers, and then we have about 600 or 700 direct one-to-one, more mid-market to …”
Greg Harris Nov 26, 2017 ▶ 7:46 855 How This Bootstrapped CEO is Competing with $400m Raised Qualtrics
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