The Ledger
Every statement that passed quotation and attribution checks. Mix any filter with any other: certainty 1/5, debate potential 5/5, or both at once.
why aren't all 18 resolved? a statement only gets an assessment when the public record can support or contradict it. opinions and what-ifs never can, and 0 checkable ones are still open, waiting for their date. predictions held up or didn't; assertions are supported or contradicted. on every card: ▮▮▮▮▮ certainty · ▮▮▮▮▮ debate potential. speakers are clickable
Lee: ProsperWorks is the fastest-growing CRM in the world
“We are the fastest growing CRM company in the world at this moment.”
87% of ProsperWorks users engage with the product daily
“And I will tell you that the one thing that makes ProsperWorks very unique compared to all CRMs is that 87% of our licenses use ProsperWorks every day. Every day, including the weekend.”
Salesforce implementations cost 1-3x the license fee, says John Lee
“Unlike Salesforce, you're paying One to three times your license fee. You're spending anywhere from one to six months basically implementing Salesforce for your organization.”
Lee: ProsperWorks is the only CRM recommended by Google
“And, you know, to the point of the Google relationship, we are the only CRM that's actually recommended by Google.”
ProsperWorks claims a 26% compounded monthly revenue growth rate
“And I think that speaks to the fact that we've grown at a 26% compounded monthly growth rate.”
ProsperWorks sees 116% to 117% net revenue expansion by month 13
“On a net basis, we are actually expanding. So on average every quote, every dollar that comes in, in month one, a month, 13 is about a buck 16 to about 12. Great. But we're seeing net expansion overall. And so that's what's contributing to our rapid growth and…”
Lee: ProsperWorks is not for sale to Amazon for a quick flip
“I, no. Not, I would not sell the Amazon. This is a massive market. I built this company to help bring prosperity to the world, to usher in the relationship era. And I've built and sold three companies in the past. To me, I'm not looking for another flip. I'm l…”
Lee: Google Is an Investor in and Customer of ProsperWorks
“And Google's an investor.
Google's a customer.”
Lee: ProsperWorks operates at negative net revenue churn
“Yeah, so on a net, I can't comment on our gross, but our net churn is actually negative.”
Lee: ProsperWorks ARPU exceeds $60 per seat monthly
“I'd say it's a little higher than it's a little higher than 60.”
Lee: ProsperWorks LTV/CAC exceeds 3x with 16-month CAC payback
“So LTV to CAC is greater than three. Our CAC payback is within 16 months.”
ProsperWorks has raised $87 million in venture capital
“We have raised a total of eighty seven million in venture financing.”
Latka: Ten CRM startups collectively reached $70M ARR on $70M invested
“We've had Batchbook, Pipedrive, Prosperworks, Close, Propeller, Yesware, Contactually, Serious Insights, Badger Maps, and Kit on the show, which are all basically in that space, and if you add up all those companies just together, they're doing about six milli…”
Lee: ProsperWorks maintains an LTV to CAC ratio above 5:1
“It's definitely north. It's definitely north of five.”