PotLoc

9 statements across 1 episodes · 2 bullish · 0 bearish · 1 people on the record · first statement Jul 31, 2023 by Rodolphe Barrere · said 25 times in 2 episodes since 2023 · across every show →

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brought up most by Rodolphe Barrere (20), Pablo Srugo (5)

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2023 24 mentions in 1 episode

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Everything said about PotLoc, oldest first

Jul 31, 2023 neutral
Disclosure
PotLoc raised an $800,000 pre-seed round from angels and BDC
“Yeah, so we raised it was a pre-seed round well, we, well, we called it a pre-seed round afterwards 800 K with Business Angels and BDC, actually, BDC Super Seed Fund.”
Rodolphe Barrere Jul 31, 2023 ▶ 24:55 Rodolphe Barrere, Founder of PotLoc | How to Find Product Market Fit · PMF Show
Jul 31, 2023
Assertion Contradicted
PotLoc hit 100,000 platform users within six months of launch
“We had, like, a 100,000 users on the platform after six months.”
Rodolphe Barrere Jul 31, 2023 ▶ 10:49 Rodolphe Barrere, Founder of PotLoc | How to Find Product Market Fit · PMF Show
Jul 31, 2023 positive
Assertion Not checkable as stated
PotLoc generated $400,000 at 95% gross margin with just two founders
“So in 2016, we are, just my co-founder and I, and we are generating 400 K, ok? 95% gross margin.”
Rodolphe Barrere Jul 31, 2023 ▶ 21:52 Rodolphe Barrere, Founder of PotLoc | How to Find Product Market Fit · PMF Show
Jul 31, 2023
Disclosure
PotLoc raised a $20 million Series A led by Brightspark
“I raised in July, Led by Brightspark. I think I might have pitched Mistral. We did, but don't remind me. Don't remind me. In 2019, twenty million series. Well, it was two trenches, whatever, but twenty million series. Led by Brightspark”
Rodolphe Barrere Jul 31, 2023 ▶ 33:51 Rodolphe Barrere, Founder of PotLoc | How to Find Product Market Fit · PMF Show
Jul 31, 2023
Disclosure
PotLoc funded its initial incorporation with an $8,000 customer check
“With that very first eight K check, we had actually enough money to pay for the lawyers, to incorporate the company, create the bank account and cash in the check.”
Rodolphe Barrere Jul 31, 2023 ▶ 6:42 Rodolphe Barrere, Founder of PotLoc | How to Find Product Market Fit · PMF Show
Jul 31, 2023 neutral
Disclosure
PotLoc entered COVID-19 with $17 million cash burning $300K monthly
“So I was sitting on like, seventeen million of available cash burning like, 300 per month, K per month.”
Rodolphe Barrere Jul 31, 2023 ▶ 36:22 Rodolphe Barrere, Founder of PotLoc | How to Find Product Market Fit · PMF Show
Jul 31, 2023 neutral
Disclosure
Management consulting firms account for 70% of PotLoc's business
“70% of our business is made with management consulting firms.”
Rodolphe Barrere Jul 31, 2023 ▶ 40:52 Rodolphe Barrere, Founder of PotLoc | How to Find Product Market Fit · PMF Show
Jul 31, 2023 positive
Assertion Not checkable as stated
PotLoc hit $1 million in Q3 2020 revenue after consulting pivot
“And at Q three, 2020, we were at one million of revenue.”
Rodolphe Barrere Jul 31, 2023 ▶ 38:26 Rodolphe Barrere, Founder of PotLoc | How to Find Product Market Fit · PMF Show
Jul 31, 2023
Assertion Not checkable as stated
Facebook ads yielded 10x more survey respondents than physical mall intercepts
“We're able to survey like a hundred people versus on Facebook we're able to get a thousand people within the same day. Like it was crazy, crazily less efficient, but still, we're still doing that.”
Rodolphe Barrere Jul 31, 2023 ▶ 29:48 Rodolphe Barrere, Founder of PotLoc | How to Find Product Market Fit · PMF Show
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