McDonald: RambleChat averaged around $15k ACV in 2019
Justin McDonald · Why RambleChat Sold to Terminus Last Year at 10x Valuation Multiple · Jun 24, 2021 · at 5:54
Justin McDonald, former CEO of RambleChat, shares key revenue metrics for the conversational chat SaaS platform in 2019 prior to its acquisition.
0:00 / 0:02exact quote · 2.9s
720p mp4 · rendered on demand · StarZero watermark
“It was right around probably 15 K ARR.”
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 Justin McDonald
McDonald: Terminus's $400M Valuation Is Conservative Compared to 6sense
“Well, one of the things I'd point out as well is I think that valuation is quite conservative. Look what six sensitives raised, right? I think their valuation was what? Two billion plus for similar run rate. So I would argue that the four hundred million is, i…”
Justin McDonald Estimates 6sense Revenue Is Between $60M and $100M
“I'd say they're over 50. I hate to use this vague term, but I think they're around sixty million plus, between 60 and a hundred million.”
McDonald: RambleChat's Founding Technologists Lacked Go-to-Market Skills
“So I think that they were great technologists. They were great architects, but they didn't really understand the go to market motion and how to launch something.”
McDonald: RambleChat raised an additional $250k in early 2019
“We raised an additional 250 K in 2000, early 2019.”