Matt Benati is discussing Lead Gnome's customer and revenue retention metrics with Nathan Latka.
0:00 / 0:03exact quote · 3.2s
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“It's clearly less than five percent a year.”
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More from Matt Benati
AssertionNot checkable as stated
Lead Gnome sells five-figure deals to marketing operations teams
“So we started our primary target were marketing ops and demand generation folks. Those companies are five-figure deals for us.”
Matt BenatiJul 1, 2018▶ 5:231072 Boston CEO: "I'd think hard about selling for 2-3x ARR"
AssertionSupported
Lead Gnome Is 100% Bootstrapped
“A hundred percent bootstrap, still bootstrap.”
Matt BenatiJul 1, 2018▶ 6:281072 Boston CEO: "I'd think hard about selling for 2-3x ARR"
AssertionNot checkable as stated
Lead Gnome operates with two founders and about 12 outsourced workers
“So so dedicated employees, it's still just two of us, my co-founder and myself, everything else is outsourced to folks that we have used many times over the years. So I have in total about a dozen folks working for the organization today.”
Matt BenatiJul 1, 2018▶ 6:441072 Boston CEO: "I'd think hard about selling for 2-3x ARR"
AssertionNot checkable as stated
Lead Gnome grew ARR 2.5x year-over-year
“We have, we did a two and a half X year.”
Matt BenatiJul 1, 2018▶ 8:521072 Boston CEO: "I'd think hard about selling for 2-3x ARR"
PredictionNot checkable as stated
Benati expects Lead Gnome to reach $750k ARR this year
“I think we'll be at three quarters of a mil.”
Matt BenatiJul 1, 2018▶ 9:441072 Boston CEO: "I'd think hard about selling for 2-3x ARR"
Disclosure
Benati: 30-day free trial has been a big win for Lead Gnome over freemium
“Now we don't personally do freemium model but we do a free trial of 30 days, and that gives people more than enough time to see the results and get used to it, and that's been a big, big win for us.”
Matt BenatiJul 1, 2018▶ 13:391072 Boston CEO: "I'd think hard about selling for 2-3x ARR"
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