why aren't all 13 resolved? a statement only gets an assessment when the public
record can support or contradict it. opinions and what-ifs never can, and 0 checkable
ones are still open, waiting for their date. predictions held up or didn't;
assertions are supported or contradicted. on every card:
▮▮▮▮▮ certainty ·
▮▮▮▮▮ debate potential. speakers are clickable
Assertion Not checkable as stated
Bhat: Vymo's first enterprise customer threatened resignation to force purchase approval
“Our first BFSI customer, in fact when posed the pilot after almost a four X increase in lead conversions after two, three weeks, when he was, he asked for approval for Wimo. He was told to deploy the CRM and do whatever he could with the CRM and not buy someth…”
Insight
Bhat: Selling SaaS to Series A startups causes massive churn
“And realized that many of them are just figuring out their process. So giving them a best in class process, they need their own journey to arrive at it. Right. Many of them did not survive up to their own series B or C. So there was a massive amount of churn a…”
Assertion Not checkable as stated
Vymo generates over $10 million in revenue from Asia alone
“We have more than ten million dollars in business coming just out of Asia, and that is expected to double this year again, and potentially double even next year.”
Disclosure
Bhat: Vymo only did paid pilots to ensure customer commitment
“We always were clear that we would only do paid pilots so that customers are committed to success too.”
Assertion Supported
Bhat: Vymo's first United States enterprise customer was Berkshire Hathaway
“Our first U S customer ended up being Berkshire Hathaway.”
Assertion Not checkable as stated
Bhat: Vymo maintains 153% NRR and sales efficiency above 1.0
“We have one 53% net revenue retention. We have our sales efficiency is more than one.”
Insight
Bhat: Investing 100 hours hiring top talent saves ongoing management overhead
“I spend probably a hundred hours Finding the right person and 10 hours managing them later within a year. Right, so over invest in the kind of talent you bring.”
Insight
Bhat: Solving BFSI compliance creates a defensible software moat
“BFSIS such as nearly 40% of Microsoft's or Gartner's earnings in a way, right? So it seemed like the largest vertical with the most IT budgets very high moat because they're very risk averse. But if you're able to solve for those, the compliance barriers, then…”
Assertion Not checkable as stated
Vymo daily active usage reached 74% in Asia and 85% in US
“In Asia, we have 74% daily active usage in us. We ended up having 85% daily active usage, right?”
Assertion Not checkable as stated
Bhat: Vymo reached 45 enterprise customers and $10M ARR by Series C
“At C, we were about 45 customers and had crossed the already crossed the 10 mile threshold you were speaking about.”
Disclosure
Vymo onboarded top Indian banks and insurance companies during early growth
“We ended up, ah, ah, you know, onboarding two of the large, two of the top three banks in India, two, three of the top five, six insurers in India, et cetera, right?”
Assertion Not checkable as stated
Bhat: Vymo raised its Series A round at roughly $700k ARR
“Mid 2016 is when we raised our city. That's when we were getting close to like 700 K or so in ARR.”
Assertion Not checkable as stated
Bhat: Vymo's average enterprise contract value is $350k to $400k
“It's actually, no, it's actually more than that. It's about, I think somewhere three 50 to 400,000 dollars.”