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 10 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
Negative churn is impossible for self-serve SMB SaaS
“I don't know anybody in the SMB space who has no churn or negative churn. Negative churn is always, is for higher paid customers.”
Founders should never turn down a substantial acquisition offer
“One thing I learned in my life is never say no to a good check. I, when I was a business lawyer, I had clients of mine who said no to huge checks because, you know, one guy was proposed nine hundred and fifty million, and he said, no, I'll sell to a four billi…”
AgoraPulse reduced monthly net revenue churn sequentially from 12% to 3-4%
“So we were at 12. We reduced it to eight the following year. We reduced it to six the following year. We're now between three and four”
AgoraPulse surpassed 3,000 paying clients in 2017
“And yeah, we have we've passed 3000 clients before the end of the year.”
AgoraPulse bought out early $50,000 angel investor for close to $200,000
“Some of them were like, you know, 4030, 40,000. Probably the highest was 50,000, and you know, the 50,000, we bought them out as a close to 200,000, so like it was a good multiple for them.”
Constant Contact achieved 2.5% monthly churn before $1.4B exit
“The best churn rate I've ever heard was constant contact at 2.5. That's the best I've ever heard. And remember, they sold for 1.4 billion and they have 600,000 customers.”
AgoraPulse aims for under 2% monthly net revenue churn in 2018
“My personal goal is to get to Two or below two by the end of this year. So by the end of 2000 18.”
AgoraPulse spends $2,000 to $2,500 per Social Media Lab blog post
“Every blog post is costing us around 2000 dollars, 2000 dollars to 2500 dollars per post. Just to give you an idea, I'm not on our regular blog post that the one we've been having for five years an average blog post cost us between 202 150, so it's like 10 tim…”