Collective

9 statements across 1 episodes · 5 bullish · 0 bearish · 1 people on the record · first statement Mar 1, 2023 by Hooman Radfar · said 37 times in 1 episodes since 2023 · across every show →

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brought up most by Nathan Latka (35), Hooman Radfar (2)

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Everything said about Collective, oldest first

Mar 1, 2023 neutral
Disclosure
Radfar: Collective is purposefully throttling growth to prioritize profitability
“So we actually are limiting our growth purposefully, which is tough in certain ways, but just to focus on being a little bit more profitable, get a little more progress.”
Hooman Radfar Mar 1, 2023 ▶ 20:22 Collective Raises $50m to Take on Rippling, ZenBusiness. $1m MRR Next?
Mar 1, 2023 positive
Assertion Supported
Radfar: Solo operators represent 36% of the workforce
“And, you know, that's 36% of the workforce. So it's a fairly large percentage of the population.”
Hooman Radfar Mar 1, 2023 ▶ 4:54 Collective Raises $50m to Take on Rippling, ZenBusiness. $1m MRR Next?
Mar 1, 2023 bullish
Assertion Not checkable as stated
Radfar: Solo businesses scale from zero to $3M in a year
“The self-serve notion of some of these tools has led to this explosion of these businesses of one that can grow. And we, people are making like two, three million dollars a year and they go from zero, you know, maybe in a year. And I've seen it several times n…”
Hooman Radfar Mar 1, 2023 ▶ 7:37 Collective Raises $50m to Take on Rippling, ZenBusiness. $1m MRR Next?
Mar 1, 2023
Insight
Radfar: Founders should raise quickly during market uncertainty due to multiple compression
“All things being equal, you want to err on the side of speed and you want to raise money at those periods of uncertainty quickly because there's a lot of unknown later.”
Hooman Radfar Mar 1, 2023 ▶ 18:18 Collective Raises $50m to Take on Rippling, ZenBusiness. $1m MRR Next?
Mar 1, 2023 bullish
Prediction Not checkable as stated
Radfar: Collective aims for 2x to 3x top-line growth in 2023
“No, I think on the magnitude of like two to three times is what we think is pretty good. You know, cause we have to balance again that growth and profitability.”
Hooman Radfar Mar 1, 2023 ▶ 23:26 Collective Raises $50m to Take on Rippling, ZenBusiness. $1m MRR Next?
Mar 1, 2023
Assertion Partly supported
Radfar: Collective raised a $7M seed round and $50M total
“The first seed round, I believe, was on the magnitude of seven million and we've raised fifty million cents.”
Hooman Radfar Mar 1, 2023 ▶ 14:58 Collective Raises $50m to Take on Rippling, ZenBusiness. $1m MRR Next?
Mar 1, 2023 bullish
Assertion Not checkable as stated
Radfar: Collective receives 50 times more applicants than members
“We have, you know, I would say like 50 times more applicants than we do members and we're growing very quickly.”
Hooman Radfar Mar 1, 2023 ▶ 10:07 Collective Raises $50m to Take on Rippling, ZenBusiness. $1m MRR Next?
Mar 1, 2023 positive
Assertion Not checkable as stated
Radfar: Collective has maintained per-customer unit profitability for 2 to 3 years
“On the unit basis. Absolutely. Yeah. So like on a per customer basis is what we do. Yeah. No, we're very profitable on per customer basis. We've been profitable per customer basis for two years, three years.”
Hooman Radfar Mar 1, 2023 ▶ 23:40 Collective Raises $50m to Take on Rippling, ZenBusiness. $1m MRR Next?
Mar 1, 2023
Assertion Supported
Radfar: US has 3.5M to 4M solo businesses earning $100K–$1M
“On the hundred K to the million side it's on the magnitude of I'd say 3.5 to four million.”
Hooman Radfar Mar 1, 2023 ▶ 11:41 Collective Raises $50m to Take on Rippling, ZenBusiness. $1m MRR Next?
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