Ryan Niedel
8 statements across 1 episodes · 4 bullish · 1 bearish · 1 people on the record · first statement Feb 1, 2023 by Ryan Niedel · across every show →
On the record as a speaker too: Ryan Niedel's record, appearances and statements → this page counts the times other people say the name.
Everything said about Ryan Niedel, oldest first
Feb 1, 2023 bullish
Niedel: MIT45 reached $70M to $75M in 2022 revenue
“The numbers aren't all the way tight from last year. We're certainly north of seventy million. We'll see what we have in some of those reserve accounts and what things look like, but in between 70 and seventy-five million is where we hit for 2022.”
Feb 1, 2023 negative
Accounting error cost Niedel hundreds of millions on web hosting exit
“Here we are, this company running fifty million dollars a year in revenue, but we're not really. We're earning about twelve million in revenue on an accrual basis, which takes this company. I thought we were going to sell for hundreds of millions of dollars, a…”
Feb 1, 2023 positive
Niedel: MIT45 converted to C-Corp and grants stock to all employees
“Another pivotal part, Sean was switching our corporation or switching our LLC into a C Corp. Really massaging some of the things that way and doing stock issuance to our entire team. So when you come on board with us, you're actually getting shares in, in the …”
Feb 1, 2023 neutral
Feb 1, 2023
Niedel: Employees rarely worsen when companies scale, role requirements simply change
“The person probably hasn't changed. They probably haven't become worse at what they do. Just the requirements have changed or our internal skills have changed. And so when that happens to me, instead of saying, okay, like you're fired, It's really acknowledgin…”
Feb 1, 2023
Niedel: Scale by hiring C-suite executives with experience beyond current stage
“It's starting to look for people that have already been past where we're going to. It's not allowing people to necessarily, especially in that C-suite roles, not have them learn on the job, right? I need people that have already been past that because I want t…”
Feb 1, 2023 bullish
Niedel: MIT45 will be one of the first publicly traded kratom companies
“I mean, our vision right now is certainly to be one of the first public, if not the first publicly traded Kratom company in the world. And our revenue is supporting that. Our growth is supporting that. There'll be some uniqueness to figure out what exchange to…”
Feb 1, 2023 positive