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.
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Zahar: HBO spent two years trying and failing to build punch-tracking tech
“We know HBO worked for two years on a similar product, wasn't able to pull it off.”
Zahar: Hykso's LOIs will turn into contracts within 4.5 months
“I think those will actually be done you know, I'd say six weeks after first shipment. So I'd say within the next four months and a half.”
Zahar: FightCamp brings in over $100K monthly subscription revenue
“So in subscription, we're making more than a 100,000 a month.”
Zahar: FightCamp generates over $300K per month in hardware sales
“And then in hardware, we make upward of 300,000.”
Zahar: HBO spent two years failing to build boxing motion tracker
“We know HBO worked for two years on a similar product, wasn't able to pull it off.”
Zahar: Hykso developed wearable technology with Canada's national team
“Because we were working with the national team of Canada, they needed very high accuracy.”
Zahar: Hykso signed LOIs including Title Boxing Club
“So we signed two LOIs, and one was actually with the fastest growing franchise in 2015 in the US.”
Zahar: Hykso sold 2,500 units for $360,000 in pre-order campaign
“We decided to do a pre-order campaign, ah, that was in March, and we sold, ah, in four months, we sold 2500 units. It's 360,000 dollars.”
Zahar: Arrow financed Hykso's first production with $175K line of credit
“Arrow is our manufacturing partner, ah, and they finance the first production run. ... So they offer a line of credit of a 175 K”
Zahar: FightCamp raised $900k in three months for pivot
“So we ended up closing 900 in three months instead.”
Zahar: FightCamp's early demand test yielded 4 conversions from 1,000 leads
“I think we tested it with like a thousand people out of the 7000 emails we had, and I think we had like, you know, like three or four conversions, like very little.”
Zahar: FightCamp signed up 300 consumer subscribers in one month at $39/month
“For one person. Like, it's like we just got, by then we had like 300 people commit to a sign up. It's like we had, you know, 220 gyms.”
Zahar: FightCamp converted 108 users at $39/month on launch day
“A 108. You know, a 108 people paying 39 dollars a month on a regular basis. That was a huge deal. That like almost equated the amount of gyms that we had that were paying a subscription.”
Zahar: Hykso developed wearable tech with Canada's national team
“Because we were working with the national team of Canada, they needed very high accuracy.”
Zahar: Hykso sold 2,500 units for $360,000 in a pre-order campaign
“Basically, when we learned that the sales cycles were so long, that was actually last January, we decided to do a pre-order campaign, ah, that was in March, and we sold, ah, in four months, we sold 2500 units. It's 360,000 dollars.”
Zahar: Arrow Electronics financed Hykso's first production run
“Arrow is our manufacturing partner, ah, and they finance the first production run.”