4.6 • 683 Ratings
🗓️ 6 May 2020
⏱️ 13 minutes
🧾️ Download transcript
Kurt has served as CEO of Ubersmith since 2014 and Venture Partner at NextGen Venture Partners since 2017. Previously, he helped build and scale three startups - Parallels, Worklight (acquired by IBM) and MongoDB (IPO) - into companies worth $6 billion. Earlier, Kurt was a Lead Product Manager at Microsoft.
Click on a timestamp to play from that location
0:00.0 | was it Mongo to be some other big successful companies now joined Uber Smith. |
0:03.3 | Basically, again, subscription and billing business management for subscription economy, |
0:08.4 | subscription companies. Now 140 customers paying, call it $3,000 per month. |
0:11.9 | So $420,000 per month in revenue, growing caught between, you know, maybe 50 and 100% you over |
0:15.7 | year. Not huge venture returns, but also not like, you know, bootstrap flat returns either. |
0:19.4 | They are profitable, which is nice, 25 people between york and other remote locations seven year lifetime value at about |
0:25.9 | 250 thousand dollars per customer you know call it spending 10 to 20 grand to get the customer so |
0:30.3 | healthy payback less than 12 months as they look to scale inside of their parent company |
0:34.1 | i nap hello everybody my guest today is Kurt Daniel. |
0:38.3 | He served as CEO of Ubersmith since 2014 and Venture Partner at NextGen Venture Partner |
0:42.2 | since 2017. |
0:43.5 | Previously, he helped build and scale three startups, parallels, Worklight, and MongoDB, |
0:47.7 | which obviously IPOed. |
0:48.9 | Earlier, Kurt was a lead product manager at Microsoft. |
0:51.3 | Kurt, you ready to take it to the top? |
0:53.3 | I am, thanks. |
0:54.2 | All right. |
0:54.6 | How active were you at MongoDB? |
0:56.3 | Was it kind of employee number of what, seven and up to IPO or where were you? |
1:00.8 | Their valuation was actually, I think, around 500 million when I joined. |
1:06.8 | Okay, how many team members? |
1:07.8 | How many employees? |
... |
Please login to see the full transcript.
Disclaimer: The podcast and artwork embedded on this page are from Nathan Latka, and are the property of its owner and not affiliated with or endorsed by Tapesearch.
Generated transcripts are the property of Nathan Latka and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.
Copyright © Tapesearch 2025.