Disclosure certainty 4/5 debate potential 2/5

Nick Mason: Turtl avoids VC funding to retain founder control

Nick Mason · 1078 How agile content marketing solution Turtl hit $125k/mo · Jul 7, 2018 · at 3:46

Nick Mason, co-founder and CEO of Turtl, explains his fundraising philosophy and decision to raise lean capital from angels rather than VCs.

0:00 / 0:06exact quote · 6.3s
720p mp4 · rendered on demand · StarZero watermark
“So we want to kind of steer clear of doing it the VC way and, you know, try and maintain control and keep it that way.”

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 Nick Mason

Insight
Nick Mason: Enterprise land-and-expand sales require a lower initial entry price
“We, what we found is that if we go in too high to start with you know, we struggle to demonstrate value quick enough for people to really get what we're doing. So our strategy at the moment is to go in a tiny bit lower and to grow value over time. So, you know…”
Nick Mason Jul 7, 2018 ▶ 5:58 1078 How agile content marketing solution Turtl hit $125k/mo
Insight
Nick Mason: End users, not check signers, drive enterprise software expansion
“Cause at the end of the day, you know, those are the people who buy our software. They don't sign the checks, but those are the people who you know, will be demanding more licenses. And saying, you know, you absolutely must not take this thing away from us. So…”
Nick Mason Jul 7, 2018 ▶ 8:28 1078 How agile content marketing solution Turtl hit $125k/mo
Insight
Nick Mason: Having kids in your mid-20s forces entrepreneurial focus
“Well, the advice that I give is to have kids younger. I would have had kids at 25 because I think it helps you focus and see what, you know, Make sure things are important.”
Nick Mason Jul 7, 2018 ▶ 15:08 1078 How agile content marketing solution Turtl hit $125k/mo
Assertion Not checkable as stated
Nick Mason: Turtl's ACV is around £2,500 per month
“So average contract value per month is around two and a half thousand UK.”
Nick Mason Jul 7, 2018 ▶ 1:57 1078 How agile content marketing solution Turtl hit $125k/mo
Assertion Not checkable as stated
Nick Mason: Turtl serves around 50 customers including Bloomberg, Cisco, and Oracle
“So we have in the region of 50 customers, ranging from Bloomberg, Cisco, Oracle economists, people like that, down to smaller businesses.”
Nick Mason Jul 7, 2018 ▶ 5:30 1078 How agile content marketing solution Turtl hit $125k/mo
What-if
Nick Mason: Turtl should have invested in customer success sooner
“And I think that if I had one thing that I wish we'd invested in a bit sooner, it would have been that because, you know, it takes time to get up to speed and, you know, it's also a tremendous opportunity for upsell and growing accounts if you're doing that we…”
Nick Mason Jul 7, 2018 ▶ 8:12 1078 How agile content marketing solution Turtl hit $125k/mo
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.