Everything Jari Bolander said on any show that made the record, most notable first. Each card names its show and opens the statement there.
Lab Sensor Solutions operates with gross margins above 85 percent
“Above 85%.”
Bolander expects seven customer trials to convert into 1,700 deployed sensors
“So, the, those trials that I talked with you about, those are roughly gonna be, when they convert, about 1700 sensors, roughly, you know, give or take.”
Lab Sensor Solutions split equity equally among its five co-founders
“Well, for us, we split it all equally.”
Lab Sensor Solutions founders vest equity over four years without a cliff
“For founders, no, there wasn't. For normal, you know, normal options, there is a cliff.”
Lab Sensor Solutions charges $25 per month per sensor
“Each sensor that we place to monitor is,
25 dollars per month per sensor.
and that includes the full platform.”
Lab Sensor Solutions has 3 paying customers and 7 lab trials
“We've got, you know, three labs that are our customers right now.
we've got seven more, what are called in trials.”
Lab Sensor Solutions has 125 sensors deployed across 3 customers
“So, yeah, so right now those three customers have a 125 sensors deployed.”
Lab Sensor Solutions raised $420,000 for its seed round
“We raised 420 K. Okay.”