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BurstIQ

9 statements across 1 episodes · 4 bullish · 0 bearish · 1 people on the record · first statement Aug 4, 2016 by Frank Ricotta · said 14 times in 3 episodes since 2016 · across every show →

Mentions by year

brought up most by Nathan Latka (11), Frank Ricotta (3)

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0232016episodes it came up in
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2016 14 mentions in 3 episodes 5 per episode

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Everything said about BurstIQ, oldest first

Aug 4, 2016
Assertion Supported
Ricotta: BurstIQ launched with $250K seed round from PV Ventures
“We started the company with a little bit of seed capital, about 200 and 50 K. Yeah. 250 K from PV ventures.”
Frank Ricotta Aug 4, 2016 ▶ 3:30 EP 376: $5M on $15M Pre Money Goal For BlockChain Based BurstIQ
Aug 4, 2016
Assertion Not checkable as stated
BurstIQ Aims To Cut Its $150K-$200K CAC Under $20K
“Yeah. I think it's right now it's easy about a 150 to 200 K and with the target to get that down under 20.”
Frank Ricotta Aug 4, 2016 ▶ 9:19 EP 376: $5M on $15M Pre Money Goal For BlockChain Based BurstIQ
Aug 4, 2016
Disclosure
BurstIQ is targeting a $5 million Series A raise
“Targeting five.”
Frank Ricotta Aug 4, 2016 ▶ 12:42 EP 376: $5M on $15M Pre Money Goal For BlockChain Based BurstIQ
Aug 4, 2016
Assertion Not checkable as stated
Ricotta: BurstIQ cut healthcare integration times to under 60 days
“So we've cut it down from in, in my last iteration was 12 to 18 months, and we're down to less than 60 days now.”
Frank Ricotta Aug 4, 2016 ▶ 8:20 EP 376: $5M on $15M Pre Money Goal For BlockChain Based BurstIQ
Aug 4, 2016 bullish
Prediction Not checkable as stated
BurstIQ Targets $1M Run Rate In 2016, $1M Monthly In 2017
“Yeah, we should have no problem hitting that this year, and it looks like next year we got to get a good shot in that high seven figures are getting pretty close to seven figures a month.”
Frank Ricotta Aug 4, 2016 ▶ 7:23 EP 376: $5M on $15M Pre Money Goal For BlockChain Based BurstIQ
Aug 4, 2016 positive
Assertion Not publicly verifiable
Ricotta: UC Anschutz Is BurstIQ's First Major Enterprise Customer
“So our first large customer is the University of Colorado Anschutz medical campus, and we're helping them implement a regional network so they can implement new care models, integrate new digital health services.”
Frank Ricotta Aug 4, 2016 ▶ 2:24 EP 376: $5M on $15M Pre Money Goal For BlockChain Based BurstIQ
Aug 4, 2016
Assertion Not checkable as stated
Ricotta: BurstIQ generated about $150K in revenue in its first year
“Yeah. Yeah, sure. It was a partial year. It's about a 150 K.”
Frank Ricotta Aug 4, 2016 ▶ 3:56 EP 376: $5M on $15M Pre Money Goal For BlockChain Based BurstIQ
Aug 4, 2016 bullish
Prediction Not publicly verifiable
Ricotta: BurstIQ is targeting a $15M-$20M pre-money valuation for Series A
“I actually think that's going to be on the low end based on the contracts we have in process. I think we're going to be somewhere north of 15, hopefully pushing closer to 20 given what the backlog looks like for next year.”
Frank Ricotta Aug 4, 2016 ▶ 12:26 EP 376: $5M on $15M Pre Money Goal For BlockChain Based BurstIQ
Aug 4, 2016 positive
Assertion Not checkable as stated
Ricotta: BurstIQ is currently cash flow positive
“And really right now we're in self-sustainment mode. We're cashflow positive.”
Frank Ricotta Aug 4, 2016 ▶ 3:38 EP 376: $5M on $15M Pre Money Goal For BlockChain Based BurstIQ
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