Folio

10 statements across 1 episodes · 4 bullish · 0 bearish · 3 people on the record · first statement Mar 12, 2025 by Kathy Wong · said 4 times in 2 episodes since 2025 · across every show →

Mentions by year

brought up most by Josh Muccio (3), Mark Phillips (1)

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2025 4 mentions in 2 episodes 2 per episode

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Everything said about Folio, oldest first

Mar 12, 2025 positive
Assertion Not checkable as stated
Folio reached $1M ARR with initial B2C model before pivoting
“We built that out for about a year, got to about a million dollar annual run rate, and then we got access to these federal funds as the only companies to do that.”
Kathy Wong Mar 12, 2025 ▶ 10:19 The $1.2 Billion EdTech Opportunity Nobody Saw
Mar 12, 2025 bullish
Assertion Not checkable as stated
Wong: Folio gets 10 startup signups per week without marketing
“Yeah, so we don't do any marketing for startups, and we get an average of 10 new startup signups a week.”
Kathy Wong Mar 12, 2025 ▶ 17:53 The $1.2 Billion EdTech Opportunity Nobody Saw
Mar 12, 2025 neutral
Assertion Not checkable as stated
Wong: Folio generates about $50,000 per month in revenue
“And now we're at about 50 K per month.”
Kathy Wong Mar 12, 2025 ▶ 17:08 The $1.2 Billion EdTech Opportunity Nobody Saw
Mar 12, 2025 neutral
Disclosure
Phillips: 11 Tribes passes on Folio over valuation and enterprise traction
“I think two things that really make this problem not a fit for 11 Tribes, the round dynamics are challenging. I think being able to put a check in at that valuation that allows us to hit our ownership targets is going to be challenging, but excited to see and …”
Mark Phillips Mar 12, 2025 ▶ 23:43 The $1.2 Billion EdTech Opportunity Nobody Saw
Mar 12, 2025 neutral
Disclosure
Wong: Folio burns $120K per month with 20 months of runway
“Our burn rate is about a 120 K per month and we have about 20 months of runway.”
Kathy Wong Mar 12, 2025 ▶ 13:51 The $1.2 Billion EdTech Opportunity Nobody Saw
Mar 12, 2025 positive
Disclosure
Muccio: The Pitch Fund wants to invest in Folio
“Kathy, the Pitch Fund would like to invest in this round.”
Josh Muccio Mar 12, 2025 ▶ 24:09 The $1.2 Billion EdTech Opportunity Nobody Saw
Mar 12, 2025 neutral
Disclosure
Folio raised $4M on a $16M post-money SAFE valuation
“We raised four million dollars on a sixteen million dollar post-money valuation.”
Kathy Wong Mar 12, 2025 ▶ 12:22 The $1.2 Billion EdTech Opportunity Nobody Saw
Mar 12, 2025
Disclosure
Folio laid off a third of its team to pivot to B2B
“At the turn of the year, we let go of a third of our team because they didn't have the same Advantage that they had when we were a B to C business as we needed for being a B to B business.”
Kathy Wong Mar 12, 2025 ▶ 19:07 The $1.2 Billion EdTech Opportunity Nobody Saw
Mar 12, 2025
Assertion Not checkable as stated
Wong: A Folio investor was offered a job at DOGE
“And also one of our investors was offered a job at Doge.”
Kathy Wong Mar 12, 2025 ▶ 29:25 The $1.2 Billion EdTech Opportunity Nobody Saw
Mar 12, 2025 bullish
Disclosure
FolioWorks built a $1.2M ARR and tapped $600M in government subsidies
“We built this platform about a year ago, and since then, we've served over a thousand students, 500 companies, we've built a 1.2 million dollar annual run rate, and we have over six hundred million dollars in subsidies from the government.”
Kathy Wong Mar 12, 2025 ▶ 3:44 The $1.2 Billion EdTech Opportunity Nobody Saw
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