The Ledger
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Competitor Articulate sold 40 percent of shares for $1.5 billion
“So one of our competitors articulates, they got an investment in their first investment after 20 years of business, and the investment was 1.5 billion for 40% of the shares.”
Easygenerator's Annual Churn Dropped Below 10% With Enterprise Deals
“Now we have moved up market with bigger contracts and the term is below 10.”
Easygenerator's largest customer pays about $130,000 per year
“No, no, we have a new one. One of those pilot customers went over that. So I think it's like in dollars, one 30.”
Easygenerator has nearly 100 employees and operates profitably
“We're close to a hundred people now making a profit.”
Self-funded Easygenerator grows 100 percent annually without outside capital
“Right now we can fund our own growth and we're growing like a hundred percent per year.”
Easygenerator expects to reach $7.5M ARR in 2021
“So we are doing this year probably around seven to 7.5 million in ARR”
Easygenerator pays a $5,800 customer acquisition cost per new account
“So it will be closer to 5.5. I think we are really increasing our efforts with marketing. So I expanded that team. So it's let me see. It's 5.8. So 5800 dollars.”
Easygenerator has grown over 90 percent annually for four consecutive years
“Because we are on a growth level of the 90 plus percent for four years in a row now. So it's not really just a peak. It's consistent.”