Ismail Salhi

11 statements across 2 episodes · 3 bullish · 3 bearish · 1 people on the record · first statement Mar 3, 2025 by Ismail Salhi · across every show →

On the record as a speaker too: Ismail Salhi's record, appearances and statements → this page counts the times other people say the name.

Everything said about Ismail Salhi, oldest first

Mar 3, 2025

Assertion Supported

Salhi: CDs remained the most gifted music format in 2016

“And 30%, the highest, the most gifted item today, in 2016, wait for it, is still the CD.”

Ismail Salhi Mar 3, 2025 ▶ 9:24 #16 Qleek

Mar 3, 2025 negative

Assertion Not checkable as stated

Salhi: Gifting digital content today requires buying CDs or gift cards

“Today, if you want to gift something to someone any content, A podcast that you like a playlist that you love, an artist that you really like. There's no way to do it. You should, you can only buy a CD, or you can buy a gift card.”

Ismail Salhi Mar 3, 2025 ▶ 7:05 #16 Qleek

Mar 3, 2025 negative

Assertion Not checkable as stated

Salhi: Qleek has completely sold out of its hardware players

“All I can say is we ran out of stock for the player, so we can't sell it anymore because we don't have any more units in stock.”

Ismail Salhi Mar 3, 2025 ▶ 29:50 #16 Qleek

Mar 3, 2025 positive

Assertion Not checkable as stated

Salhi: Qleek saw a 30% reorder rate on its first production run

“30% of our customers reordered the first time.”

Ismail Salhi Mar 3, 2025 ▶ 17:36 #16 Qleek

Mar 3, 2025 neutral

Disclosure

Salhi: Bose invested $350,000 in Qleek on a $4M valuation cap

“So they put three 50 On a four million cap, a 20% discount a year ago.”

Ismail Salhi Mar 3, 2025 ▶ 18:25 #16 Qleek

Mar 3, 2025 positive

Disclosure

Salhi: Bose is leading Qleek's current funding round

“We did a lot of user research with Bose, who is an investor in the company. Jillian Manus: Oh, are they? Ismail Salhi: Yes. Jillian Manus: They're fantastic. Ismail Salhi: And they are leading this round.”

Ismail Salhi Mar 3, 2025 ▶ 18:16 #16 Qleek

Mar 4, 2025

Disclosure

Wildgrain capped customer acquisition cost at $60 to break even quickly

“It was 60 dollars. So you, we spend 60 dollars to acquire a customer, and then we don't spend more than that. Even if spending more than that would bring in a lot more customers, we don't, because we want to make sure that we break even in box two.”

Ismail Salhi Mar 4, 2025 ▶ 27:29 #108 Qleek Pt. III: A Postmortem and a Comeback

Mar 4, 2025 positive

Assertion Not checkable as stated

Wildgrain reached monthly net profitability at the time of recording

“We are actually turning into profit this month.”

Ismail Salhi Mar 4, 2025 ▶ 27:53 #108 Qleek Pt. III: A Postmortem and a Comeback

Mar 4, 2025

Assertion Not checkable as stated

Wildgrain retained 60% of members 12 months after its initial launch

“It was a year after we launched, so May, 2020, we had, like, 60% of the members still ordering boxes.”

Ismail Salhi Mar 4, 2025 ▶ 25:55 #108 Qleek Pt. III: A Postmortem and a Comeback

Mar 4, 2025 neutral

Opinion

Salhi: Qleek failed because it lacked resources for proper marketing

“We had very enthusiastic customers. We just never marketed that product properly. Never. Because we never had the resources and the opportunity to do so.”

Ismail Salhi Mar 4, 2025 ▶ 30:10 #108 Qleek Pt. III: A Postmortem and a Comeback

Mar 4, 2025 bearish

Disclosure

Salhi: Qleek's failure caused trauma, required new business to avoid VCs

“The trauma of clique made me think if I have to start a new business, it has to be completely or Very, very independent from VC funding, that we could try it, and if it fails, we'll know it quickly, but if it succeeds, it can fund itself without external, addi…”

Ismail Salhi Mar 4, 2025 ▶ 14:40 #108 Qleek Pt. III: A Postmortem and a Comeback

Ismail Salhi

Everything said about Ismail Salhi, oldest first

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