Dan Faggella

8 statements across 1 episodes · 1 bullish · 1 bearish · 1 people on the record · first statement Jul 5, 2017 by Dan Faggella · across every show →

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

Everything said about Dan Faggella, oldest first

Jul 5, 2017
Disclosure
Faggella self-funds TechEmergence, burning $20,000 per month
“20 or a little bit higher.”
Dan Faggella Jul 5, 2017 ▶ 19:21 711: Bootrapping into Silicon Valley
Jul 5, 2017
Assertion Not checkable as stated
Faggella sold Science of Skill for $1M, a 3x net earnings multiple
“The multiple of net for us was like around three X in terms of bottom line. So I think, you know, 3:30 something in terms of net at the end of 2016 was multiplied by three and we brought ourselves to a little bit over a million dollars adding, well adding in i…”
Dan Faggella Jul 5, 2017 ▶ 14:25 711: Bootrapping into Silicon Valley
Jul 5, 2017 bullish
Prediction Not checkable as stated
Faggella predicts AI will yield post-human intelligence within our lifetime
“Neuroscience and artificial intelligence and the stuff that I think within our lifetime, Nathan, will kind of tinker us beyond sentience and intelligence as we know it today into something kind of post-human and I don't think that's going to be in the next two…”
Dan Faggella Jul 5, 2017 ▶ 17:27 711: Bootrapping into Silicon Valley
Jul 5, 2017 negative
Insight
Digital publishing businesses typically command low acquisition multiples, Faggella learned
“These sort of digital publishing businesses, as I had to learn the hard way, don't get huge multiples.”
Dan Faggella Jul 5, 2017 ▶ 16:00 711: Bootrapping into Silicon Valley
Jul 5, 2017
Assertion Not checkable as stated
Faggella's martial arts gym reached $250,000 annual revenue before its sale
“Anyway, yeah, that, that business was a quarter million dollars a year when we sold it. That was like three, four years after starting it.”
Dan Faggella Jul 5, 2017 ▶ 4:00 711: Bootrapping into Silicon Valley
Jul 5, 2017 neutral
Assertion Not checkable as stated
Faggella's online business generated $20,000 monthly before he sold his gym
“By the time I actually sold the gym, just I was actually making more per month online than I was in the academy. So I knew I'd need to be location dependent. I knew I'd have to be in the valley at some point. I knew I'd have to have my own cash and a good deal…”
Dan Faggella Jul 5, 2017 ▶ 6:22 711: Bootrapping into Silicon Valley
Jul 5, 2017
Assertion Not checkable as stated
Science of Skill reached nearly $2.5M in revenue using only Infusionsoft
“So I was with infusion soft with a martial arts gym to get it, you know, to a quarter million bucks. And then, you know, we got to shy of 10 times that size with the e-commerce business, all in infusion.”
Dan Faggella Jul 5, 2017 ▶ 7:07 711: Bootrapping into Silicon Valley
Jul 5, 2017 neutral
Assertion Not checkable as stated
Faggella sold his martial arts academy for $113,000 with 10% down
“That business was sold for a hair over a 100,000 dollars, but with only 10% down in dough, cause the guy who I sold it to is my right hand man. So he was my purple belt. So that was like a kind of owner financed, you know, enough down to do something with it a…”
Dan Faggella Jul 5, 2017 ▶ 5:08 711: Bootrapping into Silicon Valley
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