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ACQUISITION STORIES Prediction Not checkable as stated
Kozinsky: More VC 'fallen angels' will seek soft landings within two years
“There's probably going to be more opportunities like up council and our other businesses. That's the VC fallen angels, the businesses that have raised a lot of capital, but maybe haven't grown into, haven't fully grown into the scale that they should be at. So…”
Sieva Kozinsky Jul 19, 2022 ▶ 34:31 Startup Acquisition Stories with Sieva Kozinsky - Founder of Enduring Ventures
TOP FOUNDERS Prediction Not checkable as stated
StudySoup expects to generate a few million dollars in 2016 revenue
“Not quite, but we'll definitely do a few million in revenue this year.”
Sieva Kozinsky Jul 30, 2016 ▶ 10:00 EP 371: $1M Raised, $40k/Mo Marketplace For Class Notes with Sieva Kozinsky
ACQUISITION STORIES Assertion Not checkable as stated
Kozinsky: Clinical Trial Startup Charged Pharma $10k–$20k Per Patient
“So it was a marketplace model, and our customers were like Pfizer and Novartis and Inovoderm, and they would pay us 10 to 20,000 dollars per patient to recruit a patient. We would split that with the doctor.”
Sieva Kozinsky Jul 19, 2022 ▶ 2:20 Startup Acquisition Stories with Sieva Kozinsky - Founder of Enduring Ventures
ACQUISITION STORIES Assertion Supported
Kozinsky: UpCounsel raised around $20M to $25M from VCs
“They had raised, you know, somewhere around 20, twenty-five million dollars from some really great VCs, but I think they didn't achieve the kind of escape velocity That maybe it would require to go on and continue raising capital after that.”
Sieva Kozinsky Jul 19, 2022 ▶ 8:03 Startup Acquisition Stories with Sieva Kozinsky - Founder of Enduring Ventures
TOP FOUNDERS Assertion Partly supported
StudySoup pays student note sellers a 70% revenue share
“So the sellers are making around 70% of everything that they're selling. We do a revenue share with the note takers and we also offer some Concentives upfront for them to participate just to get over the hurdle of, you know, taking that first step and doing a …”
Sieva Kozinsky Jul 30, 2016 ▶ 2:43 EP 371: $1M Raised, $40k/Mo Marketplace For Class Notes with Sieva Kozinsky
TOP FOUNDERS Assertion Not checkable as stated
StudySoup has over 5,000 active monthly subscribers
“We have over 5000 monthly subscribers that participate in our marketplace.”
Sieva Kozinsky Jul 30, 2016 ▶ 6:29 EP 371: $1M Raised, $40k/Mo Marketplace For Class Notes with Sieva Kozinsky
TOP FOUNDERS Assertion Not checkable as stated
StudySoup has nearly 1,000 note-takers earning money
“We have almost a thousand elite note takers nationwide that are making money on our platform.”
Sieva Kozinsky Jul 30, 2016 ▶ 6:51 EP 371: $1M Raised, $40k/Mo Marketplace For Class Notes with Sieva Kozinsky
TOP FOUNDERS Assertion Not checkable as stated
StudySoup sees monthly customer churn between 8% and 12%
“We're seeing churn anywhere between eight to 12% in a monthly period.”
Sieva Kozinsky Jul 30, 2016 ▶ 15:30 EP 371: $1M Raised, $40k/Mo Marketplace For Class Notes with Sieva Kozinsky
TOP FOUNDERS Assertion Not checkable as stated
StudySoup pays $100 to $150 to acquire each note seller
“It costs us, you know, let's say a hundred to a 150 dollars to acquire a seller that's going to be then generating some revenue for us.”
Sieva Kozinsky Jul 30, 2016 ▶ 16:48 EP 371: $1M Raised, $40k/Mo Marketplace For Class Notes with Sieva Kozinsky
TOP FOUNDERS Assertion Not checkable as stated
StudySoup generated $40k to $45k in Year 1 revenue
“Year one revenue was pretty embarrassing. I think it was maybe 40,000 dollars, 45,000 dollars.”
Sieva Kozinsky Jul 30, 2016 ▶ 6:12 EP 371: $1M Raised, $40k/Mo Marketplace For Class Notes with Sieva Kozinsky
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