Everything Mark Smith said on any show that made the record, most notable first. Each card names its show and opens the statement there.
Smith: Fossil fuels will provide 80% of energy for 20 more years
“80% or more of our energy comes from fossil fuels and will in spite of all the focus on renewables for the next 20 years.”
CleanConnect.ai generates over $100,000 in monthly recurring revenue
“We're, no, we're six figures.”
CleanConnect.ai receives 10-year upfront cash payments from oil and gas customers
“So when you're building a new pad, there's a thing called intangible drilling costs. So in that case, they want to accelerate CapEx. So they'll pay us for 10 years up front, everything. All hardware, all software.”
Smith: Delaying his September 2000 exit would have reduced value by two-thirds
“Honestly, if we had waited another year, probably would have got a third of that.”
Mark Smith: CleanConnect.ai considers SPAC route to acquire engineering companies
“You know, we're talking about doing a SPAC and putting extra money and buying up because I was very successful near the last year prior to exit of buying great engineering companies who couldn't market their way out of a wet paper bag.”
CleanConnect.ai charges $5,000 to $6,000 per month per site
“An oil and gas site per site will pay about five to 6000 a month.”
Smith: FLIR GF320 OGI cameras cost oil companies $120,000 CapEx
“Every one of the customers we have has bought a FLIR GF three, 20 camera. It's a handheld OGI camera. That's how they do. What's called LDAR inspections, leak detection and repair. Those are a 120,000 dollar CapEx item.”
Smith: CleanConnect.ai reached 11 customers across 20 sites since March 2020
“Across 10, 11 customers. So we have, so the companies started in March, 20, 20. And we have 11.”
Smith: CleanConnect.ai enterprise pilot contracts are priced in six figures
“The pilots are six figures. But it's a finite period of time. However, all the pilots, if we meet the pilot objectives, start to go to scale.”
Mark Smith: CleanConnect.ai is completely funded by customers
“But let's put it this way. We're funded completely by our customers. Yes.”
CleanConnect.ai seeks EPA approval via client submission
“There's some other regulations coming up where we're getting our system being approved by the EPA. And it's done through one of our clients actually who's presenting our stuff to the EPA.”
Mark Smith: Windows NT Magazine was valued at $100M when sold
“It was valued at a hundred million.”
Mark Smith: CleanConnect.ai plans to raise outside funding for ESG opportunity
“Yes, we're going to raise. And the main reason is because ESG is happening now and there's a big opportunity right now.”
Smith gained oil and gas expertise by interviewing experts on his podcast
“I became an expert in the industry by interviewing experts in the industry.”
Top Founders 5