Assertion certainty 4/5 debate potential 1/5

Zapnito has 12 paying enterprise customers

Charles Thiede · EP 586: Zapnito ACV is $210K, Helping 12 Customers With Knowledge Networks and $650k Raised with CEO Charles Thiede · Mar 2, 2017 · at 7:26

Charles Thiede is co-founder and CEO of Zapnito, discussing customer counts and revenue metrics with Nathan Latka.

0:00 / 0:04exact quote · 4.9s
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“It depends on how you consider customers, but yeah, paying customers is 12 customers.”

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 Charles Thiede

Assertion Supported
Zapnito counts JP Morgan and NASA among its clients
“So anything from JP Morgan to NASA those are kind of some of the organizations that we work with.”
Charles Thiede Mar 2, 2017 ▶ 2:07 EP 586: Zapnito ACV is $210K, Helping 12 Customers With Knowledge Networks and $650k Raised with CEO Charles Thiede
Assertion Supported
Thiede: JP Morgan uses Zapnito for its UK Edge network
“So they have created a thought leadership network using that, you know, called the UK edge, which is all about the UK economy to drive leads and thought leadership in the fund industry.”
Charles Thiede Mar 2, 2017 ▶ 3:42 EP 586: Zapnito ACV is $210K, Helping 12 Customers With Knowledge Networks and $650k Raised with CEO Charles Thiede
Assertion Not checkable as stated
Zapnito's average ACV is £60,000
“Average is about 60,000 pounds per year.”
Charles Thiede Mar 2, 2017 ▶ 4:42 EP 586: Zapnito ACV is $210K, Helping 12 Customers With Knowledge Networks and $650k Raised with CEO Charles Thiede
Assertion Not checkable as stated
Zapnito is approaching £500,000 in ARR
“We're about we're close to about 500,000 pounds annual reoccurring revenue.”
Charles Thiede Mar 2, 2017 ▶ 8:11 EP 586: Zapnito ACV is $210K, Helping 12 Customers With Knowledge Networks and $650k Raised with CEO Charles Thiede
Assertion Not checkable as stated
Zapnito claims a 100% customer renewal rate
“No, we've got a hundred percent renewal rates.”
Charles Thiede Mar 2, 2017 ▶ 10:53 EP 586: Zapnito ACV is $210K, Helping 12 Customers With Knowledge Networks and $650k Raised with CEO Charles Thiede
Assertion Not checkable as stated
Thiede: Zapnito operates with net negative revenue churn
“We have a net negative churn. So our clients grow with us.”
Charles Thiede Mar 2, 2017 ▶ 10:57 EP 586: Zapnito ACV is $210K, Helping 12 Customers With Knowledge Networks and $650k Raised with CEO Charles Thiede
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