Data Duopoly

10 statements across 1 episodes · 3 bullish · 0 bearish · 1 people on the record · first statement Dec 2, 2021 by Tanavi Ethanandan · said 5 times in 1 episodes since 2021 · across every show →

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2021 5 mentions in 1 episode

An Incubator took 25% But Helped These Co-Founders Merge, Raise Seed, and Hit 3 Paying Customers Dec 2, 2021 · 5 mentions · from 0:53
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Everything said about Data Duopoly, oldest first

Dec 2, 2021 positive

Disclosure

The European Space Agency backed Data Duopoly's seed round

“So we managed to get backing from the European Space Agency for our seed round.”

Tanavi Ethanandan Dec 2, 2021 ▶ 6:02 An Incubator took 25% But Helped These Co-Founders Merge, Raise Seed, and Hit 3 Paying Customers

Dec 2, 2021 neutral

Disclosure

Data Duopoly charges medium-sized venues £30k annually

“So it really depends on the size of the venue. So we're looking at around 30,000 pounds or medium sized venue to even higher depending on the scale.”

Tanavi Ethanandan Dec 2, 2021 ▶ 2:27 An Incubator took 25% But Helped These Co-Founders Merge, Raise Seed, and Hit 3 Paying Customers

Dec 2, 2021 neutral

Disclosure

Data Duopoly's co-founders retain 66% ownership after seed round

“About 66% between Erin and myself.”

Tanavi Ethanandan Dec 2, 2021 ▶ 7:26 An Incubator took 25% But Helped These Co-Founders Merge, Raise Seed, and Hit 3 Paying Customers

Dec 2, 2021

Disclosure

Data Duopoly pays a Philippines-based developer £2,000 monthly

“So for us, we sort of do a sort of about 2000 pounds a month but that is for specific project costs.”

Tanavi Ethanandan Dec 2, 2021 ▶ 9:20 An Incubator took 25% But Helped These Co-Founders Merge, Raise Seed, and Hit 3 Paying Customers

Dec 2, 2021 neutral

Disclosure

Data Duopoly targets venues with over 250,000 annual visitors

“Really, it's a number of visitors. So we would normally work with clients that have around more than 250,000 visitors visiting every year.”

Tanavi Ethanandan Dec 2, 2021 ▶ 2:52 An Incubator took 25% But Helped These Co-Founders Merge, Raise Seed, and Hit 3 Paying Customers

Dec 2, 2021 positive

Disclosure

Data Duopoly prices on 12-month fixed contracts, not per visitor

“No, we charge on a 12 month based contract. So it means it doesn't matter how many visitors are using it. We want to encourage as many people as possible to keep using the platform.”

Tanavi Ethanandan Dec 2, 2021 ▶ 13:49 An Incubator took 25% But Helped These Co-Founders Merge, Raise Seed, and Hit 3 Paying Customers

Dec 2, 2021 positive

Disclosure

Data Duopoly raises £250k seed round during COVID

“We then managed to secure our first seed round of a quarter of a million pounds.”

Tanavi Ethanandan Dec 2, 2021 ▶ 5:27 An Incubator took 25% But Helped These Co-Founders Merge, Raise Seed, and Hit 3 Paying Customers

Dec 2, 2021 neutral

Disclosure

Incubator Launchpad took a 24.9% equity stake at inception

“It was 24.9% at the beginning.”

Tanavi Ethanandan Dec 2, 2021 ▶ 6:45 An Incubator took 25% But Helped These Co-Founders Merge, Raise Seed, and Hit 3 Paying Customers

Dec 2, 2021

Assertion Not checkable as stated

Data Duopoly currently has exactly three paying customers

“Three at the moment.”

Tanavi Ethanandan Dec 2, 2021 ▶ 5:06 An Incubator took 25% But Helped These Co-Founders Merge, Raise Seed, and Hit 3 Paying Customers

Dec 2, 2021 neutral

Disclosure

Data Duopoly has 8 to 9 months of cash runway

“We sort of have about a runway in the bank account, probably for around another eight to nine months, actually.”

Tanavi Ethanandan Dec 2, 2021 ▶ 10:19 An Incubator took 25% But Helped These Co-Founders Merge, Raise Seed, and Hit 3 Paying Customers

Data Duopoly

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