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Kathy Wong

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

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

Everything said about Kathy Wong, 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
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 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 neutral
Assertion Not checkable as stated
Wong: Universities manage work-study via fragmented software or spreadsheets
“Every university has different software to facilitate work study or they have no software and they do it in a spreadsheet.”
Kathy Wong Mar 12, 2025 ▶ 30:16 The $1.2 Billion EdTech Opportunity Nobody Saw
Mar 12, 2025 neutral
Assertion Not publicly verifiable
Wong: Large enterprises account for about 85% of internship volume
“About 85% of the volume of internships are through these large enterprises.”
Kathy Wong Mar 12, 2025 ▶ 11:23 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 bullish
Disclosure
FolioWorks will give universities free software to dominate the Work-Study market
“So we're going to try to build it in the next three months and then just give it away for free at first in the summer. And just try to dominate every single program.”
Kathy Wong Mar 12, 2025 ▶ 30:39 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
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