The Ledger
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Coburn: Enterprise customer data is often inaccurate from third-party sourcing
“A lot of the data they have is either inaccurate outdated or potentially just irrelevant. Which has to do with really the way they have built their customer databases, which is often from piping in a lot of different third party data sources, behavioral data, …”
Coburn: 95% of consumers who start a Jebbit experience finish it
“What we are really good at by this point, having been doing this for about five years is that 95% of people that start one of these will go all the way through.”
Coburn: Jebbit's average customer pays $3,000 to $4,000 per month
“Average per month's around three or 4000 dollars.”
Coburn: Jebbit closed a $6.8M round after two seed rounds
“We did a convertible note to start and then we did a seed round in 2013. We did another seed round in 2015 and then we just closed a 6.8 million a couple weeks ago.”
Coburn: Jebbit is closing contracts worth $20K to $30K per month
“We're starting to book more deals in the like 20 to 30 K a month range.”
Coburn: Jebbit's annual logo churn was just under 20%
“So last year we lost just under 20% of logos annually which part of which was some of our own decision making, which I can get into in a second.”