Jonathan Kumar
Founder & Head of Outcomes, Samaritan. On 1 show, 1 appearance. The Shows tab opens the full record on each.
founderexecutiveLinkedIn ↗samaritan.city ↗
Jonathan Kumar is the founder of Samaritan, a digital platform connecting unhoused individuals with financial support, social capital, and healthcare resources. Prior to Samaritan, he created FoodCircles to support food banks and produced the documentary Talim.
1shows
1appearances
11statements
1resolved
0supported
1contradicted
0%fully supported
3said about them ↓ Everything Jonathan Kumar said on any show that made the record, most notable first. Each card names its show and opens the statement there.
Jonathan Kumar says enriching VCs is acceptable if it speeds homelessness relief
“Like I am glad about getting to people in five years instead of 10, if we were doing banquet fundraisers and passing the hat for donations, it's all about how can we help people across the country experiencing homelessness the fastest. And if we need to make s…”
Jonathan Kumar projects Samaritan capping out as a $25M annual business
“I think when we win, this is a 15 to twenty-five million dollar a year business, so it's not in a stratosphere in terms of VCs and Facebook-type valuations, so we definitely believe there are returns to be had.”
Jonathan Kumar says Samaritan is not targeting an acquisition or IPO
“We're not targeting an exit right now. We're focusing on, on building an incredible business that helps nonprofits and cities better understand, reduce, and ultimately prevent situations of homelessness.”
Samaritan's Seattle pilot helps 28 leave streets and generates $100K revenue
“We've launched a 500 beacon pilot in Seattle, and we've seen and helped over 28 beacon holders leave the street, saving our city half a million dollars per year and earning our first 100,000 dollars in licensing revenue.”
Samaritan active users receive $40-$50 monthly and show 30-40% program retention
“We see right now about 40 to 50 dollars per active beacon holder per month, which is so low, but what's amazing about that number is even with an amount as low as 40 to 50 dollars, we're seeing 30 to 40% of beacon holders keep their beacon and go through the p…”
Samaritan users completing monthly check-ins are likely to exit to housing
“We see that beacon holders who complete those one-on-ones are likely to exit to housing, employment.”
Samaritan aims to expand its platform to 99 additional cities by 2023
“Our ultimate vision is to help people without a home in 99 more cities by twenty-twenty-three.”
Jonathan Kumar says Samaritan will pivot to non-profit if VC path fails
“And if we fail, but we're, it's still worth keeping Samaritan around, then we'll do the donor route.”
Jonathan Kumar notes pitching failure contingencies undermines VC confidence in founders
“I think that they want to see that the business is going to work, and if I'm already talking about what we're going to do if we fail, that's not going to instill confidence in an entrepreneur that they've just met five minutes ago.”
Samaritan charges $175K annually per mid-sized city with $100K execution cost
“Our average license for a Portland-sized city or a Madison, Wisconsin would be about a 175 K a year annually, and it costs us about a hundred K to execute.”
The other half of the tape: Jonathan Kumar's own voice is left out of every number here. 3 statements on the record name them. every mention, with the transcript →
Statements about Jonathan Kumar, by other people (3)
Michael Hyatt passes on Samaritan, feeling uncomfortable profiting from alleviating homelessness
“So I'm gonna pass, and here's my reasoning. I can't get comfortable around being involved in a business like this because I don't feel comfortable pushing for profit and scaling and all this kind of stuff, and when I have to consider what we're really doing.”
Charles Hudson passes on Samaritan due to institutional venture return thresholds
“And so if I were an angel investor, I would invest in your company because from my personal angel investments that I made before I had my fund, I was able to set my own return threshold. I could say, if I get my money back on this investment and I get a chance…”
One line per show, most statements first. The link opens Jonathan's full record on that show: the calibration, argument clarity, speaking style and every statement made there.
| Show | Role there | Eps | Statements | Record | |
|---|---|---|---|---|---|
 THE PITCHLEDGER | Founder & Head of Outcomes, Samaritan | 1 | 11 | 0% 0/1 | full record on the Pitch → |