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.

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why aren't all 13 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

Assertion Not checkable as stated
Perfect Cloud's fully weighted CAC is just $150 to $200
“Probably about a 150 to 200 dollars based on what we have been spending for new customer acquisitions so far.”
Mayuk Gon Mar 5, 2020 ▶ 7:23 1685 Why Data CEO Turned Down $35M Offer, Would Never Work for Facebook
Opinion
Mayuk Gon says Perfect Cloud founders would never work for Facebook
“Too many too many things which don't jive with our mentality especially The thing that we care about the most, privacy and security, if that is being used to create revenue model it would not sit well with our founding members. So, no.”
Mayuk Gon Mar 5, 2020 ▶ 13:20 1685 Why Data CEO Turned Down $35M Offer, Would Never Work for Facebook
Disclosure
Perfect Cloud relies on word of mouth for 90% of acquisitions
“You know, we don't do marketing per se. It's all word of mouth. So for us, It's companies that come on board. 90% of the times that it is the same company that helps us get acquire more customers.”
Mayuk Gon Mar 5, 2020 ▶ 3:34 1685 Why Data CEO Turned Down $35M Offer, Would Never Work for Facebook
Disclosure
Perfect Cloud rejected an acquisition offer of over $35 million
“North of 35.”
Mayuk Gon Mar 5, 2020 ▶ 13:54 1685 Why Data CEO Turned Down $35M Offer, Would Never Work for Facebook
Disclosure
Perfect Cloud charges $5 to $20 per user per month
“Anywhere between five dollars per user per month to about 20 dollars per user per month.”
Mayuk Gon Mar 5, 2020 ▶ 1:36 1685 Why Data CEO Turned Down $35M Offer, Would Never Work for Facebook
Disclosure
Perfect Cloud customers pay $2k to $20k per month per organization
“Range is anywhere between two to about 20 grand a month.”
Mayuk Gon Mar 5, 2020 ▶ 1:53 1685 Why Data CEO Turned Down $35M Offer, Would Never Work for Facebook
Assertion Not checkable as stated
Perfect Cloud has grown 300% to 400% year-over-year since 2015 launch
“We launched our product in 2015 August, and we've been growing at around Three to 400% year over year since then.”
Mayuk Gon Mar 5, 2020 ▶ 2:26 1685 Why Data CEO Turned Down $35M Offer, Would Never Work for Facebook
Assertion Not checkable as stated
Perfect Cloud scaled enterprise customers from 250 to 850 in one year
“Well we would say we were about 250 enterprise customers last year. So we are at eight 50 at the same time this year.”
Mayuk Gon Mar 5, 2020 ▶ 3:01 1685 Why Data CEO Turned Down $35M Offer, Would Never Work for Facebook
Assertion Not checkable as stated
Perfect Cloud had nearly 50% revenue churn two years ago
“It was close to 50%.”
Mayuk Gon Mar 5, 2020 ▶ 4:48 1685 Why Data CEO Turned Down $35M Offer, Would Never Work for Facebook
Assertion Not checkable as stated
Perfect Cloud's trailing 12-month revenue churn is about 20%
“About 20%.”
Mayuk Gon Mar 5, 2020 ▶ 5:34 1685 Why Data CEO Turned Down $35M Offer, Would Never Work for Facebook
Assertion Not checkable as stated
Perfect Cloud operates at a 13.5% EBITDA margin
“We are about 13.5% right now.”
Mayuk Gon Mar 5, 2020 ▶ 8:43 1685 Why Data CEO Turned Down $35M Offer, Would Never Work for Facebook
Assertion Not checkable as stated
Perfect Cloud's revenue run rate is slightly under $20 million
“A little bit less than that, but, all right, yeah.”
Mayuk Gon Mar 5, 2020 ▶ 9:55 1685 Why Data CEO Turned Down $35M Offer, Would Never Work for Facebook
Assertion Not checkable as stated
Perfect Cloud employs approximately 35 people globally
“So currently we are about 35 employees globally.”
Mayuk Gon Mar 5, 2020 ▶ 4:07 1685 Why Data CEO Turned Down $35M Offer, Would Never Work for Facebook
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