Nick Jordan, founder and CEO of data collaboration platform Narrative.io, reflects on acquisition interest and whether he would stay post-sale.
Insight
Jordan: Great Tech Products Fail Without Synchronized Sales and Marketing
“Making a company successful requires sort of all the different teams, all of the different functional areas within the company to be successful, to do well, and to work with each other. Having come from a product management background, I thought product manage…”
Insight
Jordan: Shutting down early benefits stakeholders over dragging out a failure
“You know, I do think you have to find a way to cut and run and, you know, it actually probably benefits You know, the investors and the employees and a bunch of people, you know, to do that early instead of dragging it out too long anyway.”
Disclosure
Jordan: Narrative Halved $95K Monthly AWS Bill While Doubling Revenue
“We got 95 grand one month, I think is probably the peak of our AWS bill. The good news is, I think we have, the AWS bill has gone down every month for the last six months. Last month being December of twenty-twenty-two, we were under 50,000 dollars. So, you kn…”
Prediction Not checkable as stated
Jordan: Narrative plans to double 2023 revenue with roughly flat AWS costs
“We think we can continue to grow revenue this year, 20, 23, you know, the plan has us growing by almost doubling revenue. And we think AWS costs year over year are going to be roughly flat.”
Disclosure
Jordan: Narrative stores between 5 and 10 petabytes of data on its platform
“I mean, we're storing, you know, somewhere between five and 10 petabytes of data on the platform. Much of that data is processed, not just, you know, once, but many times on behalf of our customers.”
Opinion
Jordan: Sarcasm Plays Worse in the Bay Area Than on East Coast
“The farther west you move in, in the U S at least the less appreciated sarcasm is. I lived in the Bay area for a number of years and I think there were a bunch of things about me, you know, sort of being a high-strung New Yorker, being very dry-witted and very…”