Legion

0 statements across 0 episodes · 2 bullish · 0 bearish · 1 people on the record · first statement Aug 19, 2024 by Sanish Mondkar · said 3 times in 1 episodes since 2024 · across every show →

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Everything said about Legion, oldest first

Aug 19, 2024 positive
Assertion Not checkable as stated
Legion realized product-market fit when Philz managers pitched it to peers
“The most gratifying moment was when we went for in the first customer fields, when we went from seven locations and, you know, we went nationwide. They had this, they called all the men to roll out Legion from, to all the locations. They called all the manager…”
Sanish Mondkar Aug 19, 2024 ▶ 39:36 He built in stealth with 1 customer for a year—then grew to 1M paid users across 60,000 locations... · PMF Show
Aug 19, 2024 neutral
Insight
Revenue is an overrated, potentially misleading metric in early-stage fundraising
“At that stage, my belief is investors are not, the revenue is not the important thing. The proof point is the important thing. Proof point, there are many ways to prove traction and product market fit. Revenue is just an obvious way, and sometimes actually a m…”
Sanish Mondkar Aug 19, 2024 ▶ 30:16 He built in stealth with 1 customer for a year—then grew to 1M paid users across 60,000 locations... · PMF Show
Aug 19, 2024
Assertion Not checkable as stated
Legion waited to launch and raise Series A until Philz went live
“In fact, we didn't even launch the company until that happened. We launched the company you know, after we, after Philz was live and we raised sort of at that point Series A after Philz went live with Norwest Ventures and then we launched the company.”
Sanish Mondkar Aug 19, 2024 ▶ 29:38 He built in stealth with 1 customer for a year—then grew to 1M paid users across 60,000 locations... · PMF Show
Aug 19, 2024 positive
Insight
Early design partner compensation does not have to be monetary
“The pay, the quote unquote payment for software is doesn't in the early days, it doesn't always have to be in form of money. Philz was, they had, they gave me desk space, they gave me access to their locations, they gave me access to their managers, I could go…”
Sanish Mondkar Aug 19, 2024 ▶ 18:55 He built in stealth with 1 customer for a year—then grew to 1M paid users across 60,000 locations... · PMF Show
Aug 19, 2024
Assertion Not checkable as stated
Legion surveyed over 500 New York businesses door-to-door in one month
“We had like over 500 businesses that we talked to and very well organized data over, you know, three, three, four week period very structured data in a spreadsheet that I could start now talking to people with”
Sanish Mondkar Aug 19, 2024 ▶ 11:46 He built in stealth with 1 customer for a year—then grew to 1M paid users across 60,000 locations... · PMF Show
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