Greg Rafner, founder of Abstract, discusses his background as an account executive at Act-On Software using conversational intelligence tools.
0:00 / 0:11exact quote · 11.6s
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“We started using Gong actually back when they had like a football player on their website, on their homepage. I think where we were one of the first handful of users of Gong like seven years ago.”
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More from Greg Rafner
Opinion
Rafner: Gong is an airplane black box that won't save sales
“Gong is like finding the black box after the plane's already gone down, tells you what went wrong, tells you what happened, but it does nothing to actually kind of stop losing the opportunity.”
Greg RafnerMar 29, 2022▶ 1:58$25m Gong Acquisition? New Founder Hits $2m Run Rate in 5 Months
Disclosure
Rafner: Abstract kept seed valuation cap flat at $4M
“So we did a, we kept it at four million dollars. I essentially just decreased the interest rate a little bit and kept the value cap the same.”
Greg RafnerMar 29, 2022▶ 8:48$25m Gong Acquisition? New Founder Hits $2m Run Rate in 5 Months
AssertionNot checkable as stated
Greg Rafner: Abstract maintains a seven-day sales cycle
“And so when they see it it's, we have a seven day sales cycle.”
Greg RafnerMar 29, 2022▶ 10:50$25m Gong Acquisition? New Founder Hits $2m Run Rate in 5 Months
Disclosure
Rafner: Abstract Gave Single-Digit Equity to Venture Studio to Build MVP
“No, no, just I mean, single digit equity percentage.
So come on and build a product.”
Greg RafnerMar 29, 2022▶ 16:38$25m Gong Acquisition? New Founder Hits $2m Run Rate in 5 Months
Disclosure
Rafner: Abstract pays two Indian SEO specialists just $1,000 monthly combined
“And I mean, I combined pay them a thousand dollars a month.”
Greg RafnerMar 29, 2022▶ 18:21$25m Gong Acquisition? New Founder Hits $2m Run Rate in 5 Months
Disclosure
Rafner: I would sell Abstract to Gong today for $25M cash
“I mean, just come bring me on board for three years and let me run the product.”
Greg RafnerMar 29, 2022▶ 21:19$25m Gong Acquisition? New Founder Hits $2m Run Rate in 5 Months
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