Opinion
Jake Chapman: Influencer social apps hook users like drug addicts
“And with certain social businesses, I don't like that the premise is really all based on We're going to trigger, like, a little dopamine high in all of these people and keep them coming back. It makes them, like, drug addicts, and, like, it literally is a dopa…”
Prediction Not checkable as stated
Chapman: Hykso can become the next Strava or Peloton
“I think there's a future here. I think you can become something like a Strava or a Peloton.”
Prediction Held up
Chapman: Somewear's market will end up being enterprise, not consumer
“In my heart of hearts, I feel like your market is going to end up being more in the enterprise than it's going to end up being out on the trail.”
Prediction Held up
Chapman: Tesla will ban commercial Supercharger access if Tesloop scales
“If you scale up and you've got a hundred cars on the road to Palm Springs every day, and the other Tesla drivers who are not commercial drivers cannot get a supercharger, I guarantee you Tesla is gonna say, no commercial use, you are not allowed to use our sta…”
Assertion Partly supported
Chapman: Over Half of Founders Have Diagnosable Mental Health Issues
“It's 30% can be diagnosed with clinical depression. 30% can be diagnosed with ADHD. It's about 29% can be diagnosed with, like, problematic anxiety to, like, where a clinician would diagnose you with it. And there's some overlap that still ends up being, like,…”
Prediction Not checkable as stated
Chapman: Howie Diamond is going to lose out by passing on Hykso
“Howie's going to lose out on this one.”
Opinion
Chapman: Industrial Organic is strictly idea-stage without logistics operations
“I think, honestly, your, the stage of your company is really idea stage. It's not just pre-revenue, but it's really idea stage, because you haven't built out any of the logistics part of the business yet. It's a whole, whole realm you haven't even touched on, …”
Opinion
Chapman: Starbucks brewed coffee is atrocious
“I think Starbucks coffee is atrocious. I think their brewed coffee is atrocious.”
Opinion
Chapman: Market of health-conscious pet parents is too small
“I'm just concerned that the number of pet parents who are forward thinking enough about their pet's health is too small.”
Opinion
Chapman: A $42k MRR startup warrants a $4M to $5M valuation cap
“Today I've got to value you at 42,000 MRR, and you know, that's more like a four or five million dollar cap. You know, ten million is fairly generous. 15 is really, like, off the charts at that.”
Opinion
Chapman: Tesloop name is trademark infringement against Tesla
“You did it in the name Tesloop, and I think that if you got really big, either Tesla's gonna buy you, or they're going to shut you down on that name. Cause it's definitely trademark infringement.”
Insight
Chapman: Many great businesses are initially built by exploiting system loopholes
“I think a lot of great businesses have been built on the back of hacks, right? Sort of taking advantage of loopholes in the system.”
Opinion
Chapman: Starbucks' brewed coffee is atrocious
“I think Starbucks coffee is atrocious. I think their brewed coffee is atrocious.”
Opinion
Chapman: Hykso can become the next Strava or Peloton
“I think there's a future here. I think you can become something like a Strava or a Peloton.”
Opinion
Chapman: Alpha Bridge will access hot deals via founder wellness support
“So I think we won't have trouble getting into deals that are hot deals because of the value add we're bringing. I think that that really does move the needle with founders.”
Prediction Not checkable as stated
Chapman predicts youth athletes will rebel against wearing FitGuard mouthguards
“And I don't think you're going to be able to get piecemeal adoption, because I think the kids are going to rebel against it.”
Opinion
Chapman: Seatback screens are good enough; VR won't drive change
“I think the screens on the back of the planes gets them 80% of the way there, and this might be a little bit better, but I don't know if it's enough to, like, really drive change.”
Opinion
Chapman: Industrial Organic is still idea-stage due to unbuilt logistics
“I think, honestly, your, the stage of your company is really idea stage. It's not just pre-revenue, but it's really idea stage, because you haven't built out any of the logistics part of the business yet. It's a whole, whole realm you haven't even touched on, …”
Opinion
Chapman: Human wearable drivers like ego and quantified self don't translate
“And I'm thinking about the other, like the human wearables market. And a lot of that is driven by ego and performance and the quantitative self movement. And obviously that doesn't translate.”
Disclosure
Chapman offers a $25,000 investment check to Somewear
“I think I want to invest either way. I think you'll figure it out, but I'd like to do a small check, like 25 K or something and start working together.”
Opinion
Chapman: Sudden Coffee isn't as good as Philz or Blue Bottle
“This, it's good. It's not as good as like a great cup of coffee at Phil's would be, I think, or Blue Bottle.”
Opinion
Chapman: Kids' meal delivery must be priced under $10 for mass adoption
“But I just don't think the unit economics work at 13 dollars. A lunch. I mean, I don't think you're gonna be able to get it down to five, which would be amazing. I think that would be an easy sell all across the country, but it's gotta be under 10 for you to h…”
Insight
Chapman: Due diligence cannot predict the post-investment founder relationship
“You never really know exactly what the relationship's gonna be like before you invest, no matter how much diligence you do.”
Assertion Supported
Chapman: Millennials prefer less profitable table games over dying slot machines
“I know the casinos have a huge problem with millennials and millennials prefer table games, but the table games aren't generally as profitable, and the slots are, used to be the bread and butter of the casinos, and they're sort of dying out, right?”
