NoteAffect

9 statements across 1 episodes · 3 bullish · 0 bearish · 1 people on the record · first statement Aug 1, 2020 by Jay Tokosch · said 8 times in 1 episodes since 2020 · across every show →

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brought up most by Nathan Latka (6), Jay Tokosch (2)

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Everything said about NoteAffect, oldest first

Aug 1, 2020 positive
Assertion Not checkable as stated
NoteAffect is currently deployed across 12 schools and 32 classes
“So right now we have 12 schools. And we're doing I think it's 32 classes. That's what it's turned out to be.”
Jay Tokosch Aug 1, 2020 ▶ 10:54 NoteAffect MVP Cost $1.6m, Founder Bootstrapping Using Cash From Last Exit
Aug 1, 2020 positive
Insight
Tokosch: Early sales targets should be set at 50% of founder output
“Well, so I always like to be the person who does it myself first to see how well I do with it, right? Because if I'm, then I measure against myself. So if I'm able to do, let's say, 10 demos a month, right, I'm not always going to expect the salesperson who, y…”
Jay Tokosch Aug 1, 2020 ▶ 14:38 NoteAffect MVP Cost $1.6m, Founder Bootstrapping Using Cash From Last Exit
Aug 1, 2020
Assertion Not checkable as stated
Tokosch: NoteAffect charges schools $5 to $10 per student per semester
“Oh it's really inexpensive. They're paying anywhere from five to 10 dollars per student per semester.”
Jay Tokosch Aug 1, 2020 ▶ 5:51 NoteAffect MVP Cost $1.6m, Founder Bootstrapping Using Cash From Last Exit
Aug 1, 2020
Assertion Not checkable as stated
Tokosch: NoteAffect deployments span 1,200-student high schools to 6,000-student colleges
“Like, we have one school that's a high school that's about 1200 students, and then we have one of our colleges up in New York that is What is it? 6000 students. So yeah, we arranged the gambit across the board there.”
Jay Tokosch Aug 1, 2020 ▶ 6:04 NoteAffect MVP Cost $1.6m, Founder Bootstrapping Using Cash From Last Exit
Aug 1, 2020
Assertion Not checkable as stated
Tokosch spent $1.6M self-funding NoteAffect's MVP before initial revenue
“It's like, what? A 1,000,006.”
Jay Tokosch Aug 1, 2020 ▶ 9:59 NoteAffect MVP Cost $1.6m, Founder Bootstrapping Using Cash From Last Exit
Aug 1, 2020 bullish
Prediction Not checkable as stated
Tokosch predicts NoteAffect will reach $10K monthly revenue next quarter
“Yeah, absolutely. We've got we've got the 12 signed up and I probably have another 17 or 18 that are outstanding that I, that will pop.”
Jay Tokosch Aug 1, 2020 ▶ 12:22 NoteAffect MVP Cost $1.6m, Founder Bootstrapping Using Cash From Last Exit
Aug 1, 2020
Disclosure
Tokosch plans to raise $1M for NoteAffect because software is complete
“Yeah, we're talking about a million. I don't need a lot. The software's done.”
Jay Tokosch Aug 1, 2020 ▶ 8:55 NoteAffect MVP Cost $1.6m, Founder Bootstrapping Using Cash From Last Exit
Aug 1, 2020 neutral
Disclosure
Tokosch: NoteAffect spent $60,000 testing trade magazine advertising
“At the beginning we were doing a bunch of things in the trade show, I'm sorry, in the trade magazines. Educause ISTE... It was it was 60,000 dollars that we spent.”
Jay Tokosch Aug 1, 2020 ▶ 15:47 NoteAffect MVP Cost $1.6m, Founder Bootstrapping Using Cash From Last Exit
Aug 1, 2020 neutral
Disclosure
Tokosch: NoteAffect measures early sales reps by demo volume, not revenue quota
“You know, I haven't given them a quota at this point. It's hard to do that with a startup. You know, what we're doing here today is I'm measuring them based on, you know, the amount of appointments that they're doing, the demos that they're doing that, that ty…”
Jay Tokosch Aug 1, 2020 ▶ 14:08 NoteAffect MVP Cost $1.6m, Founder Bootstrapping Using Cash From Last Exit
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