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 24 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
Schwartz: Apple pulled Unglue from the App Store before launching Screen Time
“We actually were the first app that got pulled.”
Hudson: Parental control app prices will fall to 99 cents then free
“And there's two or three others, and I just worry that The market-clearing price for this ends up being 99 cents until it's free.”
Schwartz: Apple must collaborate with screen-time startups like unGlue
“Do I believe that Apple will do something about this? Absolutely, and I think that Apple is, you know, not an expert in this space, and they will have to do something in collaboration with other companies that are experts in this space like Unglue.”
Manus: Teenagers will view unGlue as punitive rather than buying in
“I don't see a teenager buying into this. You know, I see that they're going to be presuming this as punitive.”
Phil Nadel predicts unGlue will exit at a scale too small for VCs
“I think you're going to have a successful business, and maybe a successful exit, but I think the scale of that will be relatively small from our perspectives, but maybe a great result for you.”
Schwartz: unGlue will solve device addiction and investors will regret passing
“And actually I think it's fortunate for the world because we will solve this problem for the next generation.
and this will be something that everyone will look back and like, yeah, that was one of the things we should have invested in, and that's fine, rig…”
Schwartz predicts screen-time management market will consolidate to one or two players
“Yeah, I think it will be probably one or two players. That's why I see it. And the one or two players will be the ones that the kids will like, or will hate the least. If not, you don't want to look at it. That's how it will play out.”
Manus: unGlue's product can be replicated quickly by competitors
“See he, it took him, ah, two years to build this, but the fact is, is that he has a small team, and I think this can be replicated pretty fast.”
Schwartz: Unglue forced Apple's hand to build native Screen Time
“I mean, we forced Apple's hand. We introduced this concept To the world.”
Charles Hudson passes on unGlue over technology commoditization and competitive concerns
“It's a pass for me because I have, I had my biggest issue is the competitive environment. I feel like I don't have a clear enough picture in my head about the end game of what happens because it seems like everyone's seizing on the same set of core technologie…”
Phil Nadel passes on unGlue, calling it a feature not a product
“I just see it too much as a feature and not a product. I think ultimately I'm going to pass as well.”
Daniel Galati passes on unGlue, citing lack of a venture-scale business model
“I really believe in the product and I really believe in the roadmap. I just, I don't see the business that, that comes out of it, so I'm going to pass as well.”
Muccio: Alon Schwartz is close to closing $3M unGlue round
“Alon is close to closing his three million dollar round and hopes to pour that money into marketing on Glue.”
Schwartz: unGlue has about 13,000 active users and 800 paying subscribers
“So active users, we have about 13,000 active users right now. So we have about 800 paying subscribers.”
Schwartz: unGlue is raising $3 million to expand business
“I'm here to raise three million dollars to continue to grow the business, find investors and partners to join us in this important mission that we're on.”
Schwartz: unGlue experiences approximately 7.5% month-over-month subscriber churn
“If you're looking at total subscribers, we're seeing about seven and a half percent drop month over month.”
Schwartz: unGlue converts 12% to 15% of active users into paid subscribers
“After 14 days, you can subscribe for 10 dollars a month, or 84 dollars a year. What we see is that, on average, 12 to 15% of our users subscribe, or of our active users subscribe.”
Schwartz: Unglue grew 10% week-over-week in its slowest early-2018 periods
“I mean, we grew 10% week over week at the Slowest times.”
Schwartz: Unglue had under two months runway when Screen Time launched
“I think at that point it was, I think like two months, maybe, maybe less.”
Schwartz: Robert Herjavec offered to invest in Unglue on Shark Tank
“So, I actually got a shark to invest, to want to invest.”
Schwartz: Unglue almost sold to a massive global router company
“Someone was definitely interested. And it was one of the biggest router companies in the world.”
Schwartz: Collapsed acquisition would have more than doubled investor money
“They would have more than double. Yeah.”
Schwartz: unGlue blocks entertainment apps but leaves utility tools open
“So if they spend it, you know, on anything from Snapchat, Instagram, Flash Royale, whatever the thing, you know, YouTube, Netflix, everything, we count that time. When that time ends, they can still, again, do homework, do everything, listen to music on Spotif…”