The Ledger

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Disclosure
G2 CEO details pricing tiers from $10K to seven figures
“So small vendors, it starts about 10,000 a year. Mid-market vendors is probably more like 30 to 50, even to a hundred, depending on how many products they have, how much of our solution they use, and then some enterprises are now spending over seven figures.”
Godard Abel Jul 8, 2021 ▶ 7:33 Today G2 Is Worth $1b. What happened 24 months ago?
Assertion Not checkable as stated
Abel: G2 founders self-funded first $2M after VCs passed in 2012
“And if we hadn't been successful entrepreneurs, the first two million funding came from us.”
Godard Abel Jul 8, 2021 ▶ 8:29 Today G2 Is Worth $1b. What happened 24 months ago?
Assertion Not checkable as stated
Latka: G2 is scaling from $30M to $50M ARR in 2021
“Thirty million in ARR at the beginning of this year. Scaling to about fifty million bucks in ARR by the end of this year.”
Nathan Latka Jul 8, 2021 ▶ 17:54 Today G2 Is Worth $1b. What happened 24 months ago?
Disclosure
Indig: G2 aligned marketing and engineering teams under identical milestones
“We were Set under marketing, and we had a product organization with engineers. So one of the main challenges that we tackled, faced, and solved is to work very closely with the engineering organization. And we did that by just setting the same goal, right? We …”
Kevin Indig Jan 28, 2021 ▶ 10:13 SEO Secrets from Shopify, G2 Head of SEO Strategy
Assertion Not checkable as stated
Abel: G2 pricing ranges from $10k for SMBs to seven figures for enterprise
“Small vendors, it starts about 10,000 a year. Mid-market vendors is probably more, like, 30 to 50, even to a hundred, depending on how many products they have, how much of our solution they use, and then some enterprises are now spending over seven figures.”
Godard Abel Dec 4, 2020 ▶ 6:58 G2 Hits $50m in ARR (+$20m), and $450m Valuation
Disclosure
Abel: G2's first $2 million was self-funded by its founders
“The first two million funding came from us.”
Godard Abel Dec 4, 2020 ▶ 7:56 G2 Hits $50m in ARR (+$20m), and $450m Valuation
Assertion Supported
Abel: G2 has raised $100 million in total funding
“A hundred million.”
Godard Abel Dec 4, 2020 ▶ 11:12 G2 Hits $50m in ARR (+$20m), and $450m Valuation
Assertion Not checkable as stated
Abel: G2's revenue is almost 100% pure SaaS subscriptions
“Almost a hundred now. Because we used to also have, like, a per lead adder, and now we just said, hey, let's just bundle it in, the API, all you can drink.”
Godard Abel Dec 4, 2020 ▶ 9:30 G2 Hits $50m in ARR (+$20m), and $450m Valuation
Assertion Not checkable as stated
Abel: G2 has about 2,000 paying customer vendors
“About 2000.”
Godard Abel Dec 4, 2020 ▶ 8:52 G2 Hits $50m in ARR (+$20m), and $450m Valuation
Assertion Contradicted
Artesian ranks second on G2 Crowd behind DiscoverOrg
“We're now number two in the G two crowd ranking in terms of the most popular sales intelligence platform, just behind the guys at discover org.”
Andrew Yates May 30, 2017 ▶ 9:06 675: Would you acquire Mattermark? Artesian $700k MRR, $40M Raised w/ CEO Andrew Yates
Assertion Not checkable as stated
G2 has scaled to over 500 full-time employees
“And now we're up over 500.”
Godard Abel Oct 25, 2021 ▶ 16:01 G2 on Track to Break $100m ARR 2022, $60m+ Today at $1.1b Valuation
Assertion Not checkable as stated
Product and R&D teams comprise roughly one-third of G2's total headcount
“To be honest, I don't know exactly, but I do know our product R&D organization overall, which includes engineering, is about a third of the company.”
Godard Abel Oct 25, 2021 ▶ 16:08 G2 on Track to Break $100m ARR 2022, $60m+ Today at $1.1b Valuation
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