The Ledger, every show
Every statement that passed quotation and attribution checks, across all 44 shows. Pick shows below, then mix any filter with any other.
shows 
every show 44 of 44
Johnson: AI Will Destroy Traditional Startup Product-Market Fit Metrics
“I think that that entire conversation will be destroyed. Every investor I've ever talked to since the time I started in investments has talked about, like, do you have the product market fit? Do you have differentiation? Like, what's, how can you gain differen…”
Johnson built a prototype of a competitor's platform in 24 hours
“And I built their entire platform, myself, in 24 hours, the entire prototype of that platform, and then pass it to engineers to start the process of developing it.”
Johnson: Incumbent Companies Have 24–36 Months to Pivot to AI
“If you don't do that, the likelihood is you probably won't turn fast enough, because I really do think that we've got about 24 to 36 months before that door closes.”
Johnson: Startups face a rude awakening over the next 24-36 months
“Because I believe that those who are AI native are going to zoom past most of you know, companies in the market, and I really think startups are in for a rude awakening, because I actually think that startups are going to have a very, very hard life ahead in t…”
Johnson: Grubhub spent $1B on kiosks before killing the project
“Grubhub put a billion dollars into that flow and then killed it 18 months later.”
Johnson: Bureaucracy Kept Google From Launching AI Tech Before OpenAI
“Funny enough, Google had the technology OpenAI had long before OpenAI had it. So, but it was bureaucracy that stopped that technology from coming out.”
Johnson: Revi targets $1B in transaction volume in 2026
“You know, our goal is a billion dollars in transactions in 2026 alone.”
Johnson: Revi hardware costs $500 and pays back in 3-4 months
“It costs us about 500 bucks to purchase all the hardware. We usually make our money back within, you know, three or four months.”
Johnson: Revi earns a sweet spot of $1,000 monthly per merchant
“I would say a thousand is a sweet spot, you know, that's probably where most people land.”
Johnson: Revi hit $1M+ ARR, growing 3x from $300K a year prior
“We've grown three X since the, since last year. So we were about 300,000 dollars a year in revenue a year ago.”
Johnson: Revi has raised $4 million to date across pre-seed and seed rounds
“So we raised A pre-seed of about a million and then a seed round of about two million. What year? About four million dollars to date.”
Johnson: Revi monthly churn is sub-1% excluding COVID-driven restaurant closures
“Churn is only 2.8% since COVID and that includes businesses... Monthly... And that includes businesses that we lost to COVID. So if you take those businesses out, you know you know, those businesses who didn't survive COVID, You know, it's sub one percent.”
Johnson: Revi grew 50% month-over-month from January 2019 to March 2020
“We grew about 50% a month, every single month from January of 2019 all the way up to March of 2020.”
Johnson: Revi's business dropped 80% to 90% overnight in March 2020
“Essentially we dropped like 90, 80, 90% almost overnight.”
Johnson bought Bitcoin in 2013 at an average price of $200
“So my average Bitcoin price was like 200 dollars a coin.”