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Jayesh Parmar

Co-Founder and Co-CEO, Gunkii. On 1 show, 1 appearance. The Shows tab opens the full record on each.

founderexecutiveinvestorLinkedIn ↗gunkii.com ↗

Jayesh Parmar is the co-founder and former CEO of Picatic, an event ticketing and registration platform acquired by Eventbrite in 2018. Following the exit, he co-founded the oral wellness company Gunkii and serves as an angel investor.

1shows
1appearances
11statements
1resolved
1supported
0contradicted
100%fully supported

Everything Jayesh Parmar said on any show that made the record, most notable first. Each card names its show and opens the statement there.

Event crowdfunding models fail due to low customer lifetime value
“The problem with that is that there's no lifetime value of that customer. Once they get sort of market validations, it's gone.”
Jayesh Parmar Oct 3, 2017 ▶ 10:24 801: The $60M King of Ticket Sales
TOP FOUNDERS Assertion Not checkable as stated
Parmar says the B2B segment generates the majority of Picatic's revenue
“The B to B aspect of that is, is, is definitely the much bigger piece of the pie.”
Jayesh Parmar Oct 3, 2017 ▶ 3:59 801: The $60M King of Ticket Sales
TOP FOUNDERS Assertion Supported
Picatic charges $1 plus 2.5% commission per ticket on Pro tier
“The pro product is a commission base. It's a base. It's a base rate. Nathan Latka: What's the base? Jayesh Parmar: A dollar. Nathan Latka: Okay. Jayesh Parmar: and then the commission around 2.5% per ticket.”
Jayesh Parmar Oct 3, 2017 ▶ 5:28 801: The $60M King of Ticket Sales
TOP FOUNDERS Assertion Not checkable as stated
Picatic enterprise and API tiers range from $5K to $100K monthly
“It can range anywhere from five grand to a hundred grand a month.”
Jayesh Parmar Oct 3, 2017 ▶ 6:18 801: The $60M King of Ticket Sales
TOP FOUNDERS Assertion Not checkable as stated
Picatic hit approximately $30M in gross ticket revenue in 2016
“We're around thirty million dollars of gross ticket revenue around, around the park.”
Jayesh Parmar Oct 3, 2017 ▶ 11:48 801: The $60M King of Ticket Sales
TOP FOUNDERS Assertion Not checkable as stated
Picatic takes an average 4% cut on gross ticket revenue
“We take about four percent off that, so.”
Jayesh Parmar Oct 3, 2017 ▶ 12:12 801: The $60M King of Ticket Sales
TOP FOUNDERS Prediction Not checkable as stated
Parmar predicts Picatic will surpass $60M in gross ticket revenue in 2017
“Yeah, I think so.”
Jayesh Parmar Oct 3, 2017 ▶ 14:08 801: The $60M King of Ticket Sales
TOP FOUNDERS Disclosure
Picatic offers free ticketing for events with tickets under $18
“We allow event organizers that are selling tickets around under 25 dollars or 18 dollars in the United States. To go out there and use our platform, sell tickets, organize tickets, manage tickets, and the whole idea around that is for community events or peopl…”
Jayesh Parmar Oct 3, 2017 ▶ 2:28 801: The $60M King of Ticket Sales
TOP FOUNDERS Disclosure
Picatic has raised $1.5M in total capital
“No, one five together.”
Jayesh Parmar Oct 3, 2017 ▶ 8:41 801: The $60M King of Ticket Sales
TOP FOUNDERS Disclosure
Parmar acquired early customers by personally working event doors
“I mean, I'll tell you in the early days, people, people thought this was a scam or they didn't understand exactly what was going on. I actually went out there and set up their events, work their door and just did everything for them.”
Jayesh Parmar Oct 3, 2017 ▶ 14:19 801: The $60M King of Ticket Sales
TOP FOUNDERS Assertion Not checkable as stated
Picatic generated under $10,000 in revenue in 2008
“Less than 10 grand.”
Jayesh Parmar Oct 3, 2017 ▶ 9:31 801: The $60M King of Ticket Sales

One line per show, most statements first. The link opens Jayesh's full record on that show: the calibration, argument clarity, speaking style and every statement made there.

ShowRole thereEpsStatementsRecord
TOP FOUNDERSLEDGER Co-Founder and Co-CEO, Gunkii 1 11 100% 1/1 full record on Top Founders →
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