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Fission

10 statements across 1 episodes · 2 bullish · 0 bearish · 1 people on the record · first statement Jun 29, 2018 by Mike Brown · said 13 times in 1 episodes since 2018 · across every show →

Mentions by year

brought up most by Mike Brown (8), Nathan Latka (5)

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2018 13 mentions in 1 episode

every mention, scene by scene, with the transcript →

Everything said about Fission, oldest first

Jun 29, 2018
Assertion Not checkable as stated
Brown: Fission tripled average monthly annuity and doubled total annuity value
“All blended, we've, we have tripled our monthly annuity as a, on an average client basis in the last year. We've doubled the total annuity value just in the last 12 months.”
Mike Brown Jun 29, 2018 ▶ 3:47 1070 Navy Vet Makes Loads Via Lifetime Fitness, Now Digital Asset Management
Jun 29, 2018
Assertion Not checkable as stated
Brown: No single customer exceeds 5% of Fission's revenue
“I don't think we have any customer right now that represents more than five percent of our total revenue.”
Mike Brown Jun 29, 2018 ▶ 4:15 1070 Navy Vet Makes Loads Via Lifetime Fitness, Now Digital Asset Management
Jun 29, 2018
Insight
Brown: Gaining traction in SMB is harder than enterprise
“Well, we have found that the traction Selling into the small business channel is harder to accomplish than selling into the large corporate global enterprise channel.”
Mike Brown Jun 29, 2018 ▶ 4:47 1070 Navy Vet Makes Loads Via Lifetime Fitness, Now Digital Asset Management
Jun 29, 2018 bullish
Prediction Not checkable as stated
Brown: Digital Asset Management Market Will Reach $22B Within 24 Months
“In our particular area, it's expected to be twenty-two billion. Within the next 12 to 24 months, growing at about 16% per year.”
Mike Brown Jun 29, 2018 ▶ 12:17 1070 Navy Vet Makes Loads Via Lifetime Fitness, Now Digital Asset Management
Jun 29, 2018 neutral
Disclosure
Brown: Fission bought Volero purely with OTCQB stock
“Very small and we did it purely on stock. You know, we're yeah, we're publicly traded on the QB. So we used our stock as currency on that.”
Mike Brown Jun 29, 2018 ▶ 15:45 1070 Navy Vet Makes Loads Via Lifetime Fitness, Now Digital Asset Management
Jun 29, 2018
Assertion Not checkable as stated
Brown claims Fission's 5% churn is one-third the industry average
“We haven't seen that yet. We're probably less than, we're probably about a third of that.”
Mike Brown Jun 29, 2018 ▶ 9:00 1070 Navy Vet Makes Loads Via Lifetime Fitness, Now Digital Asset Management
Jun 29, 2018
Disclosure
Brown personally funded half of Fission's $8 million total capital raised
“Half of it is mine out of hip national bank, both branches, right? And the other half is from friends, family small business folks that that know my track record and so forth.”
Mike Brown Jun 29, 2018 ▶ 7:19 1070 Navy Vet Makes Loads Via Lifetime Fitness, Now Digital Asset Management
Jun 29, 2018
Assertion Not checkable as stated
Brown: Fission surpasses $1 million annuity run rate
“And we have eclipsed now on the annuity run rate of over a million.”
Mike Brown Jun 29, 2018 ▶ 5:45 1070 Navy Vet Makes Loads Via Lifetime Fitness, Now Digital Asset Management
Jun 29, 2018 bullish
Prediction Not checkable as stated
Brown: Fission will triple its run rate by year-end
“Yeah, we've got a hundred percent January to January in our annuity, which is awesome, and we should see three X that by the time we end this year, so it's really starting to take off for us.”
Mike Brown Jun 29, 2018 ▶ 6:11 1070 Navy Vet Makes Loads Via Lifetime Fitness, Now Digital Asset Management
Jun 29, 2018
Assertion Not checkable as stated
Brown: Fission operates at an 82% gross margin
“And it's a, you know, 82% gross margin business.”
Mike Brown Jun 29, 2018 ▶ 2:42 1070 Navy Vet Makes Loads Via Lifetime Fitness, Now Digital Asset Management
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