Mike Lapchick
On 1 show, 1 appearance. The Shows tab opens the full record on each.
founderexecutiveauthorsyndigo.com ↗
Mike Lapchick is an entrepreneur who co-founded The Chicago Catalog Group in 1996. He later founded and served as CEO of Shotfarm, a digital asset management platform acquired by Syndigo in 2019.
1shows
1appearances
12statements
1resolved
0supported
0contradicted
0%fully supported
Everything Mike Lapchick said on any show that made the record, most notable first. Each card names its show and opens the statement there.
Lapchick: Chicago has the most conservative investors in the US
“The only difference that I would make is that I wouldn't do it in Chicago. I wouldn't fund it in Chicago. It's the most conservative bed of investors in the country. These guys are bankers, you know, you go in with that.”
Lapchick: Founders Should Sell on the Upside Before Growth Plateaus
“Well, what you look for is, is you look at your growth trajectory, right? You look for that hockey stick or anything that approximately is a hockey stick. And as soon as you can start predicting when the plateau is going to occur, you want to sell on, on the u…”
Lapchick: Shotfarm Raised $10M While Competitor Salsify Raised $57M
“So and then, so we raised 10, we got competitors in now at fifty-seven million in funding.”
Shotfarm Maintains Negative 0.5% Monthly Net Revenue Churn
“Right now we are at negative half a point.”
Shotfarm Has 12,000 Platform Users and Over 100 Paying Customers
“Well, so we have 12,000, we have 12,000 companies using the platform. Not all of them are paying, but more than a hundred are paying.”
Lapchick: Shotfarm incurs $20 to $30 annual cost per free user
“My carrying costs for a free customer is about
30 bucks a year, 20 bucks a year, and around there.
maybe even a little bit less, depending on how much storage, free storage they're using, or how much of the free storage they're using.”
Lapchick: Free-to-paid in-app conversion was Shotfarm's biggest failure
“I'll tell you where we failed is in the in-app marketing.
This is the biggest botched opportunity that we've, that we had was converting the free to paying users, right?”
Lapchick: Shotfarm sales team never targeted 9,000 free platform companies
“So, so the sales team started in 2016 and they, we had so much inbound interest that that's what they sold.
We did, they never even looked at the 9000 companies at the time as an upsell.”
Lapchick: Shotfarm was founded to fund philanthropic checks after previous exit
“The real deal is that I had a number of checks written out to various charities and personal interests. But they were, they're all checks out to they were giving. It was philanthropic. And I started this company so that I could sign those checks, and I made en…”
Shotfarm Indexes Brand Pricing on Storage Rather Than Product Records
“Primarily, it's the brands who foot the bill for this service. Not per record. They pay, we index everything off of storage instead of the number of products that go across.”
One line per show, most statements first. The link opens Mike's full record on that show: the calibration, argument clarity, speaking style and every statement made there.
| Show | Role there | Eps | Statements | Record | |
|---|---|---|---|---|---|
 TOP FOUNDERSLEDGER | 1 | 12 | 0% 0/1 | full record on Top Founders → |