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Naeem Zafar

11 statements across 2 episodes · 6 bullish · 0 bearish · 1 people on the record · first statement Oct 4, 2019 by Naeem Zafar · across every show →

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

Everything said about Naeem Zafar, oldest first

Oct 4, 2019 bullish
Disclosure
TeleSense plans to cut hardware costs 5x in 18-24 months
“So right now we do charge for hardware. At least we don't want to lose money on hardware, but as we bring the price point down, which we think we can do that by five X in the next two years, then you pretty much will give over the hardware for free and the har…”
Naeem Zafar Oct 4, 2019 ▶ 4:53 1532 His Hardware + Software Will Reduce Grain Spoilage by 30-50%
Oct 4, 2019 positive
Disclosure
Zafar strictly refuses free enterprise pilots to ensure customer skin-in-the-game
“I always do paid pilots, I don't do free pilots. Because I want skin in the game from both sides.”
Naeem Zafar Oct 4, 2019 ▶ 12:13 1532 His Hardware + Software Will Reduce Grain Spoilage by 30-50%
Oct 4, 2019
Disclosure
Zafar personally invested $600K into TeleSense's initial $800K funding round
“No, we bootstrapped, I mean, we, I raised a small round of 800 K, but 600 of 800 was my own money.”
Naeem Zafar Oct 4, 2019 ▶ 10:06 1532 His Hardware + Software Will Reduce Grain Spoilage by 30-50%
May 12, 2020
Assertion Not checkable as stated
TeleSense Reaches $1.2M in Cumulative Hardware Revenue on 3,000 Units
“No, no, that's about accurate. I mean, it's of course spread over nothing. It's all did not happen a single year, but yes. It's accurate.”
Naeem Zafar May 12, 2020 ▶ 14:28 1753 "IoT AgTech Device Hits $1m Software Run Rate and $1.2m in Hardware Sales. Can He Get $60m Valuation? "
May 12, 2020
Disclosure
TeleSense Plans to Raise $15M in 2020
“No, we are going to be raising this year about fifteen million.”
Naeem Zafar May 12, 2020 ▶ 5:37 1753 "IoT AgTech Device Hits $1m Software Run Rate and $1.2m in Hardware Sales. Can He Get $60m Valuation? "
May 12, 2020 neutral
Assertion Not checkable as stated
TeleSense Burns Over $100K Monthly With a 44-Person Team
“With 44 people, it's more than that.”
Naeem Zafar May 12, 2020 ▶ 17:02 1753 "IoT AgTech Device Hits $1m Software Run Rate and $1.2m in Hardware Sales. Can He Get $60m Valuation? "
May 12, 2020 positive
Assertion Not checkable as stated
Zafar: TeleSense Has Minimal Client Loss and Zero Churn to Competitors
“And churn rate in this case is extremely slow, and two or three people who churn, they either sold the business, got out of it, Or nobody has abandoned a product or got anybody else's because nobody else quite does what we do.”
Naeem Zafar May 12, 2020 ▶ 17:39 1753 "IoT AgTech Device Hits $1m Software Run Rate and $1.2m in Hardware Sales. Can He Get $60m Valuation? "
May 12, 2020 bullish
Disclosure
TeleSense Secures Insider Funding to Extend Runway Through Next Year
“I am lining up additional funding from our investors to extend our runway into the next year. So we have plenty of time to raise money and we're not sort of hurrying it up.”
Naeem Zafar May 12, 2020 ▶ 16:46 1753 "IoT AgTech Device Hits $1m Software Run Rate and $1.2m in Hardware Sales. Can He Get $60m Valuation? "
May 12, 2020
Assertion Not checkable as stated
TeleSense Software Subscriptions Typically Equal 40% of Hardware Spend
“It's 40% of what they paid for hardware typically.”
Naeem Zafar May 12, 2020 ▶ 12:04 1753 "IoT AgTech Device Hits $1m Software Run Rate and $1.2m in Hardware Sales. Can He Get $60m Valuation? "
May 12, 2020 bullish
Prediction Not checkable as stated
Zafar: TeleSense will break a $1M software run rate before Christmas 2020
“We'll break it before Christmas.”
Naeem Zafar May 12, 2020 ▶ 12:32 1753 "IoT AgTech Device Hits $1m Software Run Rate and $1.2m in Hardware Sales. Can He Get $60m Valuation? "
May 12, 2020 positive
Assertion Not checkable as stated
TeleSense Reaches 400 Paying Customers for Its Software
“Well, everybody's paying for the software component. So today we have about 400 customers now.”
Naeem Zafar May 12, 2020 ▶ 9:25 1753 "IoT AgTech Device Hits $1m Software Run Rate and $1.2m in Hardware Sales. Can He Get $60m Valuation? "
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