StudySoup

company on 2 shows · 7 statements across 1 episodes · said 9 times in 2 episodes since 2016

Top Founders 8 the Startup Ideas Podcast 1

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Top Founders 8the Startup Ideas Podcast 1

2022 1 mention in 1 episode
2016 8 mentions in 1 episode

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7 statements about StudySoup, every show

TOP FOUNDERS Assertion Partly supported
StudySoup pays student note sellers a 70% revenue share
“So the sellers are making around 70% of everything that they're selling. We do a revenue share with the note takers and we also offer some Concentives upfront for them to participate just to get over the hurdle of, you know, taking that first step and doing a …”
Sieva Kozinsky Jul 30, 2016 ▶ 2:43 EP 371: $1M Raised, $40k/Mo Marketplace For Class Notes with Sieva Kozinsky
TOP FOUNDERS Assertion Not checkable as stated
StudySoup generated $40k to $45k in Year 1 revenue
“Year one revenue was pretty embarrassing. I think it was maybe 40,000 dollars, 45,000 dollars.”
Sieva Kozinsky Jul 30, 2016 ▶ 6:12 EP 371: $1M Raised, $40k/Mo Marketplace For Class Notes with Sieva Kozinsky
TOP FOUNDERS Assertion Not checkable as stated
StudySoup has over 5,000 active monthly subscribers
“We have over 5000 monthly subscribers that participate in our marketplace.”
Sieva Kozinsky Jul 30, 2016 ▶ 6:29 EP 371: $1M Raised, $40k/Mo Marketplace For Class Notes with Sieva Kozinsky
TOP FOUNDERS Assertion Not checkable as stated
StudySoup has nearly 1,000 note-takers earning money
“We have almost a thousand elite note takers nationwide that are making money on our platform.”
Sieva Kozinsky Jul 30, 2016 ▶ 6:51 EP 371: $1M Raised, $40k/Mo Marketplace For Class Notes with Sieva Kozinsky
TOP FOUNDERS Prediction Not checkable as stated
StudySoup expects to generate a few million dollars in 2016 revenue
“Not quite, but we'll definitely do a few million in revenue this year.”
Sieva Kozinsky Jul 30, 2016 ▶ 10:00 EP 371: $1M Raised, $40k/Mo Marketplace For Class Notes with Sieva Kozinsky
TOP FOUNDERS Assertion Not checkable as stated
StudySoup sees monthly customer churn between 8% and 12%
“We're seeing churn anywhere between eight to 12% in a monthly period.”
Sieva Kozinsky Jul 30, 2016 ▶ 15:30 EP 371: $1M Raised, $40k/Mo Marketplace For Class Notes with Sieva Kozinsky
TOP FOUNDERS Assertion Not checkable as stated
StudySoup pays $100 to $150 to acquire each note seller
“It costs us, you know, let's say a hundred to a 150 dollars to acquire a seller that's going to be then generating some revenue for us.”
Sieva Kozinsky Jul 30, 2016 ▶ 16:48 EP 371: $1M Raised, $40k/Mo Marketplace For Class Notes with Sieva Kozinsky

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