The Ledger
Every statement that passed quotation and attribution checks. Mix any filter with any other: certainty 1/5, debate potential 5/5, or both at once.
why aren't all 12 resolved? a statement only gets an assessment when the public record can support or contradict it. opinions and what-ifs never can, and 0 checkable ones are still open, waiting for their date. predictions held up or didn't; assertions are supported or contradicted. on every card: ▮▮▮▮▮ certainty · ▮▮▮▮▮ debate potential. speakers are clickable
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.”
Stanton: Somewear buyers will put devices away and cancel subscriptions
“I worry that your initial acquirers are going to be end up sticking in the drawer and not using it and canceling because I ultimately think this is something you rent episodically and that has a higher volume of usage for you than someone who buys it and does …”
Kubik: Routine messaging drives satellite communicator adoption over emergency SOS
“Number one, the primary thing is messaging, is communication with the people back home. That is absolutely number one, no question. However, once you get in the door with messaging, in the back of their mind, they're saying, you know, it's nice that I have thi…”
Nadel passes on Somewear over unpredictable consumer subscription revenue
“Based on that type of erratic revenue stream or unpredictable revenue stream for the consumer channel, I'm gonna pass.”
Kubik: Somewear took zero investor meetings after appearing on The Pitch
“I mean, I came on the pitch, I gave one pitch and then I did not take a single other meeting.”
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.”
Hudson predicts Somewear will succeed with annual subscription plans
“I actually think You'll get people to sign up for annual plans. I think you'll be fine there.”
Kubik: Somewear raised under $500K to build hardware, firmware, software
“So total, we've raised a little bit less than 500,000 dollars and we have built everything across hardware, firmware, and software.”
Kubik: Somewear achieves roughly 40% margin on $300 hardware
“So at 300 right now, we're at about 40%, and we're looking to improve that over time.”
Kubik: Somewear hardware retails at $350 with monthly plans from $15 to $50
“Right, so the pre-order was at 300 and then rose to three 20, proposed retails three 50. And then, so that's a one-time hardware purchase, and then there's going to be, ah, the actual data plans, and so there are different data plans depending on how much data…”