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Contify

12 statements across 1 episodes · 2 bullish · 0 bearish · 1 people on the record · first statement Mar 7, 2018 by Mohit Bhakuni · said 15 times in 1 episodes since 2018 · across every show →

Mentions by year

brought up most by Nathan Latka (14), Mohit Bhakuni (1)

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2018 15 mentions in 1 episode

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Everything said about Contify, oldest first

Mar 7, 2018 neutral
Assertion Not checkable as stated
Contify customers pay an average of $1,000 per month
“Thousand is a good average.”
Mohit Bhakuni Mar 7, 2018 ▶ 3:34 956 How Does He Find Sharp People At $900/mo For BI Tool Doing $75k in MRR?
Mar 7, 2018 bullish
Assertion Not checkable as stated
Contify has maintained 95% annual customer retention over eight years
“We have overall is eight years 95% retention of our customers.”
Mohit Bhakuni Mar 7, 2018 ▶ 9:21 956 How Does He Find Sharp People At $900/mo For BI Tool Doing $75k in MRR?
Mar 7, 2018
Assertion Not checkable as stated
Contify generates $75,000 in monthly recurring revenue
“It's around 70. It's 75 grand a month we are doing. So I think the mean is is around a thousand dollars, but we are doing 75 grand a month.”
Mohit Bhakuni Mar 7, 2018 ▶ 4:30 956 How Does He Find Sharp People At $900/mo For BI Tool Doing $75k in MRR?
Mar 7, 2018
Assertion Not checkable as stated
Mohit Bhakuni bootstrapped Contify with an initial investment of just $1,500
“So we put it 1500 dollar to start the company.”
Mohit Bhakuni Mar 7, 2018 ▶ 4:11 956 How Does He Find Sharp People At $900/mo For BI Tool Doing $75k in MRR?
Mar 7, 2018 neutral
Disclosure
Contify hires graduates in a smaller Indian town to lower labor costs
“So we have two offices. New Delhi is expensive. We have another office, which is in a smaller town in India, and we are getting graduates in, in, in that town.”
Mohit Bhakuni Mar 7, 2018 ▶ 12:47 956 How Does He Find Sharp People At $900/mo For BI Tool Doing $75k in MRR?
Mar 7, 2018
Insight
Contify uses a hybrid human-AI model because humans grasp context better
“Technology can do certain things really well, which is processing large amount of data and a human mind can very easily can get the context much easier than an algorithm can do. So we have built in hybrid system, and that's why we call it a curated market inte…”
Mohit Bhakuni Mar 7, 2018 ▶ 12:58 956 How Does He Find Sharp People At $900/mo For BI Tool Doing $75k in MRR?
Mar 7, 2018
Assertion Not checkable as stated
Bhakuni: Contify has 45 to 50 paying customers
“We have approximately four 50 customers, 45 to 50 customers.”
Mohit Bhakuni Mar 7, 2018 ▶ 4:20 956 How Does He Find Sharp People At $900/mo For BI Tool Doing $75k in MRR?
Mar 7, 2018 neutral
Assertion Not checkable as stated
Contify's platform customers pay between $300 and $2,000 per month
“Now on average, our platform customers are paying in the range of 300 dollars a month to 2000 dollars a month. So it ranges from that depending upon what all they need to track.”
Mohit Bhakuni Mar 7, 2018 ▶ 3:04 956 How Does He Find Sharp People At $900/mo For BI Tool Doing $75k in MRR?
Mar 7, 2018 neutral
Assertion Not checkable as stated
Contify's API and data feed customers pay $2,000 to $5,000 monthly
“And the data feeds, which are our API customers are paying between 2000 to 5000 dollar a month.”
Mohit Bhakuni Mar 7, 2018 ▶ 3:18 956 How Does He Find Sharp People At $900/mo For BI Tool Doing $75k in MRR?
Mar 7, 2018 bullish
Assertion Not checkable as stated
Contify's customers stay for more than four years on average
“We have seen customers for more than four years on average.”
Mohit Bhakuni Mar 7, 2018 ▶ 10:37 956 How Does He Find Sharp People At $900/mo For BI Tool Doing $75k in MRR?
Mar 7, 2018
Assertion Not checkable as stated
Contify has a team of 95 people based in New Delhi
“We are based in India, New Delhi, and we are 95 people.”
Mohit Bhakuni Mar 7, 2018 ▶ 3:51 956 How Does He Find Sharp People At $900/mo For BI Tool Doing $75k in MRR?
Mar 7, 2018
Disclosure
Contify acquires customers through referrals and former users changing jobs
“We have been getting customers, mostly from our references, people who have used them, used us and moved to the next company”
Mohit Bhakuni Mar 7, 2018 ▶ 5:44 956 How Does He Find Sharp People At $900/mo For BI Tool Doing $75k in MRR?
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