Everything Matthew Berman said on any show that made the record, most notable first. Each card names its show and opens the statement there.
Berman: Aggressive quota limits prove Anthropic faced severe compute shortages
“I still do think they were bandwidth limited or they were compute limited because if you look at their quota and how aggressive and reducing it and using it it's gotten much better, but especially two months ago, I mean, you would burn through your quota in a …”
Berman: Investors Expect $1 Million ARR for a Series A Round
“The consensus seems to be a million dollars ARR, which equates to about 70, 75 K eight grand per month.”
Berman: Lead investor negotiated SendSonar valuation cap down to $5M
“So we actually started at six and then when our lead investor came on board, we negotiated or they negotiated, I should say, and we actually finalized it at five.”
Berman: Sonar grew revenue 35% month-over-month every month in 2015
“I think the more relevant number is actually what our month over month revenue growth was, and I'm happy to share that, and that was 35% month over month every month in 2015.”
Berman: Sonar spun out of work for Maven at 500 Startups
“Sonar actually spun out of some work I was doing at 500 Startups. I was working with a company called Maven, and they had this deep need. So I built the prototype for Sonar and you know, before long they started telling other companies about it and it kept gro…”
Berman: SendSonar raised $1M seed round with a four-person team
“We raised a million dollars about a year ago. We're a team of four”
Berman: SendSonar closed half its seed round in three weeks
“So I actually closed half of the round in about three weeks, and then the second half took another two months.”
Berman: Sonar Has Around 120 Paying Customers
“I think we have about like a 120 paying customers.”
Berman: About 15% of Sonar Customers Pay $1,000+ per Month
“We probably, I'd say about 15% of our customers are, I would consider being enterprise, meaning a thousand or more a month.”
Berman: Sonar is generating five figures in monthly revenue
“I won't answer that, but we, I'll say that we're doing five figures.”
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