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Blake Smith

18 statements across 2 episodes · 3 bullish · 5 bearish · 1 people on the record · first statement Jul 7, 2016 by Blake Smith · said 5 times in 3 episodes since 2016 · across every show →

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

Mentions by year

brought up most by Nathan Latka (5)

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01220162017episodes it came up in
00112220162017episodesmentions per episode
2017 1 mention in 1 episode
2016 4 mentions in 2 episodes 2 per episode

every mention, scene by scene, with the transcript →

Everything said about Blake Smith, oldest first

Jul 7, 2016
Disclosure
Cladwell targets a $10M valuation for its first priced round
“Yeah, as we've modeled it, it's probably, it's around ten million.”
Blake Smith Jul 7, 2016 ▶ 14:41 EP 348: 11,500 Paying Him To Manage One-Piece Wardrobe with Blake Smith
Jul 7, 2016 bullish
Prediction Not checkable as stated
Cladwell projects reaching $1 million in revenue for 2016
“We're planning to hit a million this year.”
Blake Smith Jul 7, 2016 ▶ 11:00 EP 348: 11,500 Paying Him To Manage One-Piece Wardrobe with Blake Smith
Jul 7, 2016
Disclosure
Cladwell spends $30,000 per month on marketing
“We're spending 30 K a month right now in marketing.”
Blake Smith Jul 7, 2016 ▶ 5:09 EP 348: 11,500 Paying Him To Manage One-Piece Wardrobe with Blake Smith
Jul 7, 2016 neutral
Disclosure
Cladwell raised $1.8M over two and a half years
“We've raised 1.8 million over the course of two and a half years.”
Blake Smith Jul 7, 2016 ▶ 5:51 EP 348: 11,500 Paying Him To Manage One-Piece Wardrobe with Blake Smith
Jul 7, 2016
Disclosure
Cladwell issued capped convertible notes with 10% interest and zero discount
“10% interest rate, and no discount. They're capped notes.”
Blake Smith Jul 7, 2016 ▶ 8:26 EP 348: 11,500 Paying Him To Manage One-Piece Wardrobe with Blake Smith
Jul 7, 2016 negative
Insight
Smith: Dropshipping and affiliates are 'shoveling nickels' with operational headaches
“Like, affiliates is shoveling nickels. I'd say drop shipping is shoveling nickels, and you have to deal with shipping problems.”
Blake Smith Jul 7, 2016 ▶ 9:18 EP 348: 11,500 Paying Him To Manage One-Piece Wardrobe with Blake Smith
Jul 7, 2016 neutral
Disclosure
Cladwell experiences a 5% monthly user churn rate
“Monthly churn is five percent of our users are leaving monthly.”
Blake Smith Jul 7, 2016 ▶ 11:59 EP 348: 11,500 Paying Him To Manage One-Piece Wardrobe with Blake Smith
Jul 7, 2016
Assertion Not checkable as stated
Cladwell's average customer acquisition cost is $17
“Yeah, so our CAC is on average about 17 bucks.”
Blake Smith Jul 7, 2016 ▶ 4:49 EP 348: 11,500 Paying Him To Manage One-Piece Wardrobe with Blake Smith
Jul 7, 2016 positive
Assertion Not checkable as stated
Cladwell launched for men, but women now make up 60% of users
“The reason for that is we actually launched as a men's business, and so we launched our women's business on a whim last fall, just to see what would happen, and women right now are 60% of our business, so that, it's grown really fast based on women, so we're k…”
Blake Smith Jul 7, 2016 ▶ 3:47 EP 348: 11,500 Paying Him To Manage One-Piece Wardrobe with Blake Smith
Jul 7, 2016 negative
Opinion
Smith: Every personal stylist is actually just a salesperson
“Every personal stylist out there is actually just a salesperson.”
Blake Smith Jul 7, 2016 ▶ 10:22 EP 348: 11,500 Paying Him To Manage One-Piece Wardrobe with Blake Smith
Jul 7, 2016
Assertion Not checkable as stated
Cladwell has reached 11,500 monthly paying subscribers
“So we have over 10,000 people. That's like 11,500 people paying us now monthly.”
Blake Smith Jul 7, 2016 ▶ 4:25 EP 348: 11,500 Paying Him To Manage One-Piece Wardrobe with Blake Smith
Jul 7, 2016
Insight
Smith: A startup cannot effectively have two co-head leaders
“You can't really have two, two head leaders in a company.”
Blake Smith Jul 7, 2016 ▶ 6:50 EP 348: 11,500 Paying Him To Manage One-Piece Wardrobe with Blake Smith
Jul 7, 2016 negative
What-if
Smith: I would have bootstrapped Cladwell if I could do it over
“If I could do it over again, I would have started bootstrapping.”
Blake Smith Jul 7, 2016 ▶ 7:57 EP 348: 11,500 Paying Him To Manage One-Piece Wardrobe with Blake Smith
Jul 7, 2016 positive
Assertion Not checkable as stated
Cladwell generated over $100,000 in revenue in 2015
“In 2015, we made over a hundred grand.”
Blake Smith Jul 7, 2016 ▶ 10:54 EP 348: 11,500 Paying Him To Manage One-Piece Wardrobe with Blake Smith
Jul 3, 2017 negative
Insight
Smith: Obsessing over early-stage metrics is just watching the scoreboard
“Cause I feel like at this stage, it's only watching the scoreboard during the game. The truth is, is that you're just trying your very hardest, no matter what the score is.”
Blake Smith Jul 3, 2017 ▶ 8:39 709: 17,000 Using This To Manage Wardrobe Efficiently
Jul 3, 2017 negative
Opinion
Smith: Startups cannot scientifically run price elasticity tests
“It's my opinion that elasticity tests, you really can't do it at our scale scientifically. And so really, I think that it's more of an art than a science.”
Blake Smith Jul 3, 2017 ▶ 3:35 709: 17,000 Using This To Manage Wardrobe Efficiently
Jul 3, 2017
Assertion Not checkable as stated
Cladwell operates at just under $900,000 in ARR
“We're right under 900,000 ARR right now.”
Blake Smith Jul 3, 2017 ▶ 5:44 709: 17,000 Using This To Manage Wardrobe Efficiently
Jul 3, 2017
Insight
Smith: SaaS business models are entirely acquisition, churn, and pricing
“There's, it's a simple equation. You have new users, churned users, price per user. That is our entire business model. And you have to, as a product person, you have to be jumping from each of those three continually for the life of the business.”
Blake Smith Jul 3, 2017 ▶ 4:50 709: 17,000 Using This To Manage Wardrobe Efficiently
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