Arcane

9 statements across 1 episodes · 5 bullish · 0 bearish · 1 people on the record · first statement Jan 15, 2021 by Eric Varden · said 29 times in 1 episodes since 2021 · across every show →

Mentions by year

brought up most by Sean Weisbrot (28), Eric Varden (1)

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2021 29 mentions in 1 episode

every mention, scene by scene, with the transcript →

Everything said about Arcane, oldest first

Jan 15, 2021 positive
Assertion Not checkable as stated
Varden: Arcane Was Never More Profitable Than After Founders Stepped Aside
“Best decision we ever made, the business was never more profitable until we actually got out of the way.”
Eric Varden Jan 15, 2021 ▶ 19:48 The Eight-Figure Exit Secret: Put $1 In, Get $15 Back
Jan 15, 2021 positive
Assertion Supported
Varden: Arcane was among North America's fastest-growing businesses for multiple years
“That's really where the scale came in and that's how we were, you know, be able to become one of the fastest growing businesses in North America for a couple of years running was results focused and ultimately doing what we said we were going to do in a world …”
Eric Varden Jan 15, 2021 ▶ 17:16 The Eight-Figure Exit Secret: Put $1 In, Get $15 Back
Jan 15, 2021 neutral
Assertion Not checkable as stated
Varden: Arcane's margins were hurt by accumulated micro-inefficiencies, not one major bottleneck
“It wasn't one thing that was impacting our margins. It was a whole bunch of things in, in a minute percentage. So it was, you know, too much analysis through analytics and spending too much time on the data. Pulling reports and then making decisions.”
Eric Varden Jan 15, 2021 ▶ 28:59 The Eight-Figure Exit Secret: Put $1 In, Get $15 Back
Jan 15, 2021
Insight
Varden: Do not disclose acquisition talks to employees during the LOI stage
“Trying to make sure that you're not disclosing too much to the wider team because you'd never know if it's really going to happen and you don't want to disrupt the business because ultimately everybody needs to make sure that the business is still, you know, r…”
Eric Varden Jan 15, 2021 ▶ 23:29 The Eight-Figure Exit Secret: Put $1 In, Get $15 Back
Jan 15, 2021 positive
Disclosure
Varden: Arcane sold results instead of discussing agency margins
“Often we wouldn't get into margin conversations with clients. We knew we would be profitable. We knew that we had to obviously monitor our cashflow and expenses and all those fun things that, that lead to it, but no, it was mainly around results. We focused on…”
Eric Varden Jan 15, 2021 ▶ 9:04 The Eight-Figure Exit Secret: Put $1 In, Get $15 Back
Jan 15, 2021 positive
Insight
Varden: Agency Valuation Rises When Clients Are Tied to Business, Not Founders
“In a relationship based business, if all of the clients are attached to the owners, that it's hard to ever get out of the business. And it, we also felt that it would add more value if those relationships were tied to The business, not to ourselves.”
Eric Varden Jan 15, 2021 ▶ 19:18 The Eight-Figure Exit Secret: Put $1 In, Get $15 Back
Jan 15, 2021
Disclosure
Varden: Arcane never took or needed outside funding
“We really never needed outside funding whatsoever.”
Eric Varden Jan 15, 2021 ▶ 11:05 The Eight-Figure Exit Secret: Put $1 In, Get $15 Back
Jan 15, 2021
Assertion Supported
Varden: Arcane went from deal inception to close in under five months
“From November of 2019 moved very quickly, closing at the end of March is not a lot of time.”
Eric Varden Jan 15, 2021 ▶ 22:51 The Eight-Figure Exit Secret: Put $1 In, Get $15 Back
Jan 15, 2021 positive
Assertion Not checkable as stated
Varden: Arcane Guaranteed Clients at Least $15 Return per $1 Spent
“We were one of the first to really put that emphasis out there and say, we're going to guarantee results. We're going to put a dollar in and get a minimum of 15 dollars, you know, back in terms of your marketing investment.”
Eric Varden Jan 15, 2021 ▶ 7:30 The Eight-Figure Exit Secret: Put $1 In, Get $15 Back
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