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Kate Chernis

4 statements across 1 episodes · 1 bullish · 0 bearish · 1 people on the record · first statement Dec 29, 2020 by Kate Chernis · across every show →

Everything said about Kate Chernis, oldest first

Dec 29, 2020
Disclosure
Chernis: Lately secured an oversubscribed $4M term sheet right before COVID
“I graduated in the top three of the class, won the final demo day, had a term sheet in hand, I'm oversubscribed, four million bucks, And the world explodes.”
Kate Chernis Dec 29, 2020 ▶ 9:00 How Lately Hit $900k For Social Media Automation Tool Using AI, $7m valuation
Dec 29, 2020
Disclosure
Chernis: Most Lately staff went unpaid for two years during cash crunch
“And so, but that also means most of my staff didn't get paid for the last two years.”
Kate Chernis Dec 29, 2020 ▶ 8:34 How Lately Hit $900k For Social Media Automation Tool Using AI, $7m valuation
Dec 29, 2020 positive
Assertion Not checkable as stated
Chernis: 20% of churned target customers returned after Lately tripled prices
“What's been interesting to us is about 20% of the people that fit our key demographic now, who churned in the past, have come back.”
Kate Chernis Dec 29, 2020 ▶ 7:07 How Lately Hit $900k For Social Media Automation Tool Using AI, $7m valuation
Dec 29, 2020
Disclosure
Chernis: Lately slashed monthly net burn from $100K to $10K
“And so I had no choice, Nathan, but to drop my burn from a hundred K to 10 K, which is pretty amazing.”
Kate Chernis Dec 29, 2020 ▶ 8:22 How Lately Hit $900k For Social Media Automation Tool Using AI, $7m valuation
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