Will Bressman, CEO of RIA in a Box, answers host Nathan Latka's question regarding the company's annual revenue growth rate.
0:00 / 0:01exact quote · 1.9s
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“We're in that 30, 50% range.”
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More from Will Bressman
Disclosure
Bressman: RIA in a Box makes directionally $750k monthly revenue
“It's directionally correct. Yeah.”
Will BressmanDec 8, 2019▶ 4:281597 How He Used a Search Fund To Build $7m ARR Company, Low Risk
AssertionPartly supported
Bressman acquired RIA in a Box in 2012 as pure consulting firm
“The company was started in 2000, in 2006, but we got involved in 2012. And you know, at that time he really had a consulting business that was not tech enabled. There was no real sort of internal or external technology”
Will BressmanDec 8, 2019▶ 7:161597 How He Used a Search Fund To Build $7m ARR Company, Low Risk
Disclosure
Bressman: RIA in a Box partnered with Aquiline Capital Partners
“We partnered with a private equity firm here in New York called Aqualine Capital Partners, and the idea really with joining with them was to give us that next phase of capital and really kind of expand our capabilities and our ability to serve the market.”
Will BressmanDec 8, 2019▶ 10:471597 How He Used a Search Fund To Build $7m ARR Company, Low Risk
AssertionNot checkable as stated
Bressman: RIA in a Box serves 1,800 of 30,000 potential firms
“We're working about 1800 firms. There's roughly 30,000 or so we can be working with.”
Will BressmanDec 8, 2019▶ 12:291597 How He Used a Search Fund To Build $7m ARR Company, Low Risk
AssertionNot checkable as stated
Bressman: RIA in a Box Gross Retention Exceeds 90%
“We're above sort of 90% in gross retention and even higher in what we call preventable retention.”
Will BressmanDec 8, 2019▶ 14:111597 How He Used a Search Fund To Build $7m ARR Company, Low Risk
AssertionNot checkable as stated
Bressman: RIA in a Box Has CAC Payback of Under a Year
“We typically operate in sort of a year or less as our payback.”
Will BressmanDec 8, 2019▶ 15:571597 How He Used a Search Fund To Build $7m ARR Company, Low Risk
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