Oren Broberg, co-founder and CEO of sales enablement platform Modus, discusses the operational advantages of scaling a software company in Minneapolis.
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“We have no problems at all. Our offices you know, for in terms of hiring and finding good tech talent both back-end and front-end app developers we're right next to the University of Minnesota. Our office is right here, so we're on the light rail, and, well, we bring them over you know, as interns, and they get to try us before they work here, and we get to do that.”
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More from Oren Broberg
AssertionNot checkable as stated
Broberg: Sand Hill VCs constantly dismiss older founders as irrelevant
“I run into that attitude from one hills all the time. And it's like, I don't have time for that attitude.”
Oren BrobergAug 6, 2018▶ 18:401108 Minneapolis Sales Tech: "We're past $30m in ARR, will raise this year"
AssertionNot checkable as stated
Broberg: Modus customer lifetime value exceeds $120,000
“I can say safely that our lifetime value is north of a 120 K.”
Oren BrobergAug 6, 2018▶ 15:571108 Minneapolis Sales Tech: "We're past $30m in ARR, will raise this year"
Disclosure
Modus raised mid-single digit millions in Series A
“It was a simple Series A. It was, like, mid-single digits.”
Oren BrobergAug 6, 2018▶ 4:411108 Minneapolis Sales Tech: "We're past $30m in ARR, will raise this year"
Disclosure
Broberg: Modus has 80,000 registered users across 95 countries
“Internally, about 270,000 Slack messages, and about 80,000 overall registered users of our app worldwide. So we're in about 95 countries, and our app is in 25 different languages.”
Oren BrobergAug 6, 2018▶ 7:421108 Minneapolis Sales Tech: "We're past $30m in ARR, will raise this year"
AssertionNot checkable as stated
Broberg: Caterpillar is Modus's largest client
“Yeah, we're selling enterprise deals, like Caterpillar's our largest client.”
Oren BrobergAug 6, 2018▶ 8:221108 Minneapolis Sales Tech: "We're past $30m in ARR, will raise this year"
AssertionNot checkable as stated
Broberg: Modus is growing over 40% YoY at break-even EBITDA
“Well, we're north of 40% growth, and we're basically break even EBITDA.”
Oren BrobergAug 6, 2018▶ 10:081108 Minneapolis Sales Tech: "We're past $30m in ARR, will raise this year"
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