Swarm

3 statements across 1 episodes · 1 bullish · 1 bearish · 1 people on the record · first statement Nov 8, 2019 by Ryan Denehy · said 3 times in 1 episodes since 2019 · across every show →

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brought up most by Ryan Denehy (3)

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Everything said about Swarm, oldest first

Nov 8, 2019 negative
Opinion
Denehy: Swarm's retail analytics model failed due to a $50 monthly cap
“Even if we solved it perfectly, our customer would never pay us more than 50 dollars a month per store. So, you know, I think in the end, like the business model was kind of a waste of time.”
Ryan Denehy Nov 8, 2019 ▶ 7:56 20VC: Why Pre-Product Market Fit Is About Systems Design Not Engineering, The Right Way For Leaders To Approach Wartime Leadership Today & A Guide To Recruitment Forward Planning with Ryan Denehy, Founder & CEO @ Electric
Nov 8, 2019 positive
Assertion Not checkable as stated
Denehy: Swarm sold its lousy $100 Wi-Fi sensor MVP to 100 customers
“And then we were able to, you know, we were able to sell that product to probably, I think, our first 50 or a hundred customers. It was a lousy product, but it was good enough for the early adopters to see what we were trying to do and prove that there was a b…”
Ryan Denehy Nov 8, 2019 ▶ 11:40 20VC: Why Pre-Product Market Fit Is About Systems Design Not Engineering, The Right Way For Leaders To Approach Wartime Leadership Today & A Guide To Recruitment Forward Planning with Ryan Denehy, Founder & CEO @ Electric
Nov 8, 2019
Assertion Not checkable as stated
Denehy: Swarm avoided total layoffs with a $300K wire before a wedding
“Our last two companies were at times days away from running out of money, and I think in the most extreme case at Swarm, Rudd's wedding was on a Saturday, and we were gonna have to lay everybody off on Monday, and so two days before the wedding, we got a wire …”
Ryan Denehy Nov 8, 2019 ▶ 13:31 20VC: Why Pre-Product Market Fit Is About Systems Design Not Engineering, The Right Way For Leaders To Approach Wartime Leadership Today & A Guide To Recruitment Forward Planning with Ryan Denehy, Founder & CEO @ Electric
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