Assertion certainty 3/5 debate potential 1/5

Radius derives 80% of its revenue from its top 20 customers

Joel Carusone · 1545 Radius CEO on 3 Pricing Axis, 100 Customers, 150%+ Net Revenue Retention, $100m ARR by 2020? · Oct 17, 2019 · at 6:18

Radius CEO Joel Carusone discusses customer concentration and multi-year strategic enterprise contracts.

0:00 / 0:06exact quote · 6.1s
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“Yeah, I would say the bulk, I think, 80% of our revenue comes from our top 20 customers, so it's fairly well concentrated.”

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More from Joel Carusone

Prediction Not checkable as stated
Radius claims it can reach $100M revenue by adding just 15 employees
“I think we can do a hundred million dollars in revenue with potentially 15, you know, plus 15 of where we are today.”
Joel Carusone Oct 17, 2019 ▶ 17:22 1545 Radius CEO on 3 Pricing Axis, 100 Customers, 150%+ Net Revenue Retention, $100m ARR by 2020?
Disclosure
Radius gives its 17M business dataset away for free with platform access
“We don't charge for data. So when you purchase our platform as part of that, you get unlimited access to our standard data offering. So that seventeen million business data set is just, it's kind of a free, a freebie that we give away as part of the relationsh…”
Joel Carusone Oct 17, 2019 ▶ 5:42 1545 Radius CEO on 3 Pricing Axis, 100 Customers, 150%+ Net Revenue Retention, $100m ARR by 2020?
Assertion Not checkable as stated
Radius achieves CAC payback and profitability within the first few months
“We make money after the first few months.”
Joel Carusone Oct 17, 2019 ▶ 14:29 1545 Radius CEO on 3 Pricing Axis, 100 Customers, 150%+ Net Revenue Retention, $100m ARR by 2020?
Prediction Not checkable as stated
Carusone: Radius is expected to be cash flow positive by end of 2020
“We are expected to be cashflow positive at the end of next year.”
Joel Carusone Oct 17, 2019 ▶ 16:03 1545 Radius CEO on 3 Pricing Axis, 100 Customers, 150%+ Net Revenue Retention, $100m ARR by 2020?
Prediction Not checkable as stated
Radius expects to reach a $100M ARR run rate by 2022
“So two to three years is probably about right. I mean, I think, yeah, that's probably a good estimate.”
Joel Carusone Oct 17, 2019 ▶ 16:42 1545 Radius CEO on 3 Pricing Axis, 100 Customers, 150%+ Net Revenue Retention, $100m ARR by 2020?
Assertion Not checkable as stated
Radius dataset covers 8 million US businesses and up to 30M contacts
“So radius has its own proprietary B to B data set domestic only today we cover approximately eight million businesses in the U S and somewhere in the neighborhood of 25 to thirty million contacts.”
Joel Carusone Oct 17, 2019 ▶ 2:39 1545 Radius CEO on 3 Pricing Axis, 100 Customers, 150%+ Net Revenue Retention, $100m ARR by 2020?
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