Disclosure certainty 4/5 debate potential 1/5

Duncker: iCharts has a team of 60 people

Seymour Duncker · 712: How To Use a Distribution Channel to Get 200 Customers Paying $15k per Year · Jul 6, 2017 · at 10:36

Seymour Duncker is the co-founder and CEO of iCharts. In an interview with Nathan Latka, he discusses the company's headcount and sales distribution.

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“We have a team of 60 people.”

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 Seymour Duncker

Insight
German enterprise buyers prefer Silicon Valley vendors over domestic options
“Like, the US guys buy, like to buy from American companies. Germans like to buy from Silicon Valley.”
Seymour Duncker Jul 6, 2017 ▶ 9:53 712: How To Use a Distribution Channel to Get 200 Customers Paying $15k per Year
Disclosure
Duncker: iCharts contracts start around $15,000 per year
“Oh, it can range from anything, I would say, starting around about you know, 15,000 dollars per annum to, you know, much larger than that, and that, or, that obviously, you know, bundles a number of users.”
Seymour Duncker Jul 6, 2017 ▶ 6:56 712: How To Use a Distribution Channel to Get 200 Customers Paying $15k per Year
Assertion Not checkable as stated
Duncker: iCharts serves ~200 customers, adding 20-30 per month
“So, we're quickly accelerating, so around about 200 customers and, you know, we are adding, I think, 20, 30 customers a month right now, so and with our upcoming channel agreements that's gonna be accelerating even further.”
Seymour Duncker Jul 6, 2017 ▶ 13:43 712: How To Use a Distribution Channel to Get 200 Customers Paying $15k per Year
Assertion Contradicted
Duncker: iCharts has raised $23 million to date
“So we've raised twenty three million dollars to date.”
Seymour Duncker Jul 6, 2017 ▶ 14:27 712: How To Use a Distribution Channel to Get 200 Customers Paying $15k per Year
Assertion Not checkable as stated
Duncker: iCharts maintains an annual churn rate of 5% to 7%
“So our annual churn is around about, I would say, five to seven percent.”
Seymour Duncker Jul 6, 2017 ▶ 15:09 712: How To Use a Distribution Channel to Get 200 Customers Paying $15k per Year
Assertion Not checkable as stated
Duncker: iCharts CAC equals roughly 50% of first-year contract value
“So we are roughly at 15, 50% of our first year contract, right?”
Seymour Duncker Jul 6, 2017 ▶ 16:19 712: How To Use a Distribution Channel to Get 200 Customers Paying $15k per Year
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