Assertion certainty 3/5 debate potential 1/5

Younger: Ynet sold to TriNet for roughly $4 million in stock

John Younger · 989 How This CEO Split His Company and Cleaned Cap Table At Same Time · Apr 9, 2018 · at 2:21

John Younger, CEO of HireMojo, recalls the acquisition price of his early startup Ynet by TriNet in 1996.

0:00 / 0:04exact quote · 4.5s
720p mp4 · rendered on demand · StarZero watermark
“It was probably pushing four million dollars, something like that.”

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 John Younger

Assertion Not checkable as stated
Younger details restructuring Accolo's preferred shares into common via notes
“So to do that, we issued notes to the preferred shareholders and the warrant holders. So that created a note and transferred their stock to all common. And then the new company was created by assuming some portion of those preferred notes. So the acquiring com…”
John Younger Apr 9, 2018 ▶ 7:34 989 How This CEO Split His Company and Cleaned Cap Table At Same Time
Assertion Not checkable as stated
Younger: Accolo raised $4M in 2007 and reached $2M/quarter
“Raised money in 2007. Nathan Latka: How much? John Younger: About four million. And we ended up getting to a place where we're hitting about two million a quarter and growing quickly right when the bubble burst in 2008, 2009.”
John Younger Apr 9, 2018 ▶ 5:08 989 How This CEO Split His Company and Cleaned Cap Table At Same Time
Assertion Not checkable as stated
Younger: HireMojo's annual renewal rate exceeds 90 percent
“Our level of renewals is north of 90%.”
John Younger Apr 9, 2018 ▶ 12:44 989 How This CEO Split His Company and Cleaned Cap Table At Same Time
Assertion Not checkable as stated
Younger: HireMojo generates approximately $200,000 in monthly recurring revenue
“Yeah, it's probably closer to two.”
John Younger Apr 9, 2018 ▶ 13:22 989 How This CEO Split His Company and Cleaned Cap Table At Same Time
Assertion Not checkable as stated
Younger: HireMojo's customer acquisition cost is approximately $1,700
“Right now, it's about 1700 bucks.”
John Younger Apr 9, 2018 ▶ 14:13 989 How This CEO Split His Company and Cleaned Cap Table At Same Time
Assertion Not checkable as stated
Younger: HireMojo's revenue consistently grows 8% to 12% month-over-month
“Well, we've been growing eight to 12% a month to give you a sense pretty consistently.”
John Younger Apr 9, 2018 ▶ 15:18 989 How This CEO Split His Company and Cleaned Cap Table At Same Time
Made with StarZero

Turn any episode into a week of clips.

This entire site, over 2,600 episodes transcribed, diarized, checked and made playable, runs on the StarZero media pipeline. Drop in your own episode and the podcast clipper finds the moments worth sharing, cuts them, captions them, and reframes them for every feed.