The Ledger
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Treehouse B2B segment grows 40% to 50% yearly without capital injections
“Our B to B business is, is growing up to 40 to 50% a year now. And this was zero capital injection.”
Carson claims Treehouse revenue is growing faster than ever
“We're growing faster than we ever had.”
Treehouse raised ACV from $1,800 to $90,000 via founder-led sales
“This is how we raised our ACV from 1800 bucks to 90,000 dollars, right? It is by me getting in, in the dirt and figuring out what actually is valuable.”
Carson: Treehouse consumer retention is better than Pluralsight and Lynda
“You know, we have pretty good retention, you know, a little better than Pluralsight, a little better than Linda, but still it's not a rocket business.”
Carson: InVision expanded Treehouse Talent Path deal tenfold within two months
“Closed it, and within two months, they expanded to a deal that was 10 X the size of the current one.”
Carson: Treehouse competitors have raised 10x more capital
“You know, our competitors have raised 10 X the amount we have.”
Carson claims the average developer stays at a startup for 10.8 months
“You know, the average stay for a developer at a startup is 10.8 months.”
Treehouse has raised no additional capital since its $13 million round
“Zero dollars. I'm proud to say.”
Treehouse B2B revenue will surpass consumer revenue in 2019 or 2020
“We're essentially not focusing on our consumer business and we're focusing on our B to B and the B to B revenue will cross that in 19 or 20.”
Treehouse is not generating enough cash to execute share buybacks
“We could. So we're not throwing off enough cash to do that right now.”
Carson: Basecamp has no outside shareholders besides Jeff Bezos' 5% stake
“They, they're a super private company. They don't have actually any shareholders other than I think Jeff Bezos owns five percent.”
Carson: Treehouse enterprise clients include Nike, Mailchimp, InVision, and Chegg
“MailChimp already is looking for a second class of talent. So these are some of our clients already MailChimp, Envision, Nike, Acquia, Chegg, Mindbody”
Carson personally manages a $2.7M enterprise sales pipeline
“I've got at least 2.7 million dollars in the pipeline right now, myself.”
Treehouse is currently profitable and throwing off cash
“At the moment we're having so much fun and like changing lives right now and throwing off cash.”
Carson: Treehouse takes adults from zero to job-ready in about six months
“We teach adults how to go from zero to job ready, a hundred percent online in about six months.”
Treehouse sells to over 600 businesses including Fortune 100 clients
“So we sell to over 600 businesses have huge clients that are fortune 100.”
Treehouse bootstrapped to ramen profitability in three weeks on under $100K
“So we bootstrapped it. So the idea was let's literally use cashflow from the events business. And we boot that business up with, I think it's like 50 to a hundred grand. We were ramen profitable within three, I think three weeks.”