Bob Moore
๐ค SpeakerAppearances Over Time
Podcast Appearances
A good example, too, is if you're using a tool like Looker as a business intelligence platform, the question is, how did the data get to Looker?
Because Looker doesn't actually go out and manage hundreds and hundreds of little scripts that run and pull data out of all your little services and locations.
That's the kind of thing that an ETL tool will do.
And that's extract, transform, load.
And that's what Stitch is.
Stitch is this kind of core ETL tool.
We had this leftover thing from RJ Metrics, and we were able to negotiate in the Magento deal that we retained ownership of it.
We actually just took that, rebranded it as Stitch Data.
Jake took over as CEO while I was at Magento for the earn-out.
basically built this business up off of this core technology and team that we had started with.
So you could almost think of it as like, you know, everybody owned that.
Everybody that was in the cap table for RJ was,
had had kind of a stake in stitch because it was effectively you know a mini rj that was kind of carbon copied out so um yeah the cap table of stitch ended up looking a lot like the cap table uh rj at the time yep sale and what did give me can you give me a general sense of what you scaled stitch to total number team i think you stayed bootstrapped right
Uh, yeah, we didn't put any new net new capital into the business.
Uh, when it got acquired, I think the team was in the thirties.
Um, and from a, a like magnitude standpoint, it was almost the same size that RJ metrics was when we sold it.
So 28 months, we grew stitch up to about what it took eight years to get, to get RJ.
Yeah.
Uh, uh, Jake said, uh, uh, I forget who said what, but one of us texted the other, like, Hey, uh, Looker just got bought for 2, 2.6 billion.
And the consensus was basically like, uh, we fucked up.