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 14 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
Steer in 2020: dbt will be the next major data product
“DBT is kind of the product, right? That's going to be the next thing. And if we were going to build it, we would do it the way that they did it.”
Mode surpassed a rival Yammer spinout that raised at a $20M valuation
“A different Yammer group had split off and raised immediately, like day one at like a twenty million dollar valuation on a business that, you know, mode has surpassed.”
Steer: Mature Mode deployments average 15 to 20 viewers per editor
“You're looking at, for most companies, right, even just a potential set of people, you're looking at between 15 to 20 viewers per editor at, like, a mature mode organization, and it's just based on team size and what's happening, right?”
Mode maintained >100% NDR in 2020 despite churning 20% of logos
“So even churning, you know, more than 20% of logos last year, we still had net dollar retention above a hundred because that's incredible. So the way that the product works, right? Like we've never had net retention under a hundred percent.”
Steer: Looker and Tableau are Mode's most frequent competitors
“Yeah, those are the two that we see most frequently.”
Steer: Mode has over 10,000 editor users across its customers
“It's above 10,000. It's not in the huge millions.”
Derek Steer predicts Mode will end 2021 with NDR exceeding 110%
“Yeah, I guess I'll just say we'll end the year way, way, way north of one 10, like in a true best in class net dollar retention.”
David Sacks agreed to invest on slide two of Mode's pitch deck
“We brought him a deck. And on the second slide, he was like, okay, yeah, I'm in. Let's do it. Like the, it's funny. The second slide was it was GitHub for data”
Derek Steer: Mode serves around 600 customer logos
“Yeah it's around 600. This is the most recent thing that we published.”
Steer: Mode's SQL School receives hundreds of thousands of monthly uniques
“And that's been tremendously, I mean, this thing gets hundreds of thousands of uniques a month.”
Mode hired its first sales rep at under $50K ARR
“No, we were at like we were somewhere north of zero and south of 50 K.”