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
Disclosure
Roadmunk measures customer success teams using the SaaS quick ratio
“We actually do it based on the quick ratio, so we look at both expansion, contraction, churn, and new, if they're closing any deals.”
What-if
Annual upfront billing saved Roadmunk from raising an extra $10 million
“So if you were in the valley and you, instead of collecting eighty-twenty, you were collecting fifty-fifty annual and monthly, I ran the numbers. We would have had to have raised two years ago just over ten million dollars, right?”
Opinion
Nanji advises startups to raise aggressively while market capital is abundant
“There is so much dry powder out there. I mean, it's the macro environment feels very much like those days when anyone could raise money. So organizations should be Trying to stuff their coffers if they can get a good valuation and close on reasonable terms rea…”
Assertion Supported
Canadian software engineers cost up to half of Silicon Valley peers
“We also just don't have the expenditures and burn rates that typical valley companies do, just simply based on the cost of an engineer. It's like, One and a half X less or at least two X less than it is in the Valley.”
Assertion Not checkable as stated
Roadmunk's mainstream customers pay an average of around $4,000 annually
“So we have sort of three different segments but on average across, you know, sort of the mainstream of customers, you're looking around 4000 dollars per year.”
Assertion Not checkable as stated
Roadmunk's enterprise customers pay between $25,000 and $100,000 per year
“So we do have a whole segment of customers that are a mid market and enterprise that do pay in the more traditional numbers, which would be somewhere between 25 to a hundred K just depending on if they use take advantage of some of our security features.”
Assertion Not checkable as stated
Roadmunk currently has between 2,000 and 3,000 customers
“So we've got without like getting directly, but we're within two, within 2000 to 3000 customers right now in that range.”
Assertion Not checkable as stated
Roadmunk tripled revenue in 2016 and doubled each year since
“So we've been, ah, 2016 was the triple, and then we've been constantly doubling each year since then.”
Disclosure
Roadmunk operates with 66 employees and only two dedicated salespeople
“Yeah, so we have 66 people today at RoadMonk, and our sales and CS team is about, I'd say, 14, but mostly CS predominantly. We have only two salespeople, and then in the marketing side, we have about 10 people.”
Disclosure
Roadmunk's fully loaded CAC payback period is around 14 months
“Yeah, I think our payback period is around 14 months. If you roll in everything, if you kind of, you know, the calculation can get a little bit skewed depending on what you add in.”