Jeff Cotton
๐ค SpeakerAppearances Over Time
Podcast Appearances
You've got to understand your demand gen model.
I think demand gen models are everything.
And then I'm going to talk a little bit about the exit and where we sort of took Tenfold to.
So deadly burn.
This will tell you a little bit about where Tenfold was before I joined my little picture up there.
is when I started to influence the board.
So I actually did not join until January 1st, 2019.
But I started working with the board in 2018 when the company knew they were in really big trouble.
We were averaging about $2 million a month in burn.
We had raised about 14 million a year the prior two years.
And by the time I joined, we had 2.2 million in the bank.
with $2 million average burn.
And I had about $2 million in debts, receivables, and money that I owed development firms and all kinds of legal organizations.
It was completely crazy.
You're not following the bus.
I'm going to cover that.
Great investors, by the way.
I think part of the story here is when you have the right team that understands
How to run a business and what to focus on, because focus is key.
The investors can really give you a boost, but if not, it can be problematic.