Phenom

9 statements across 1 episodes · 3 bullish · 0 bearish · 1 people on the record · first statement Mar 30, 2016 by Brian Verne · said 12 times in 1 episodes since 2016 · across every show →

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brought up most by Nathan Latka (10), Brian Verne (2)

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Everything said about Phenom, oldest first

Mar 30, 2016
Disclosure
Verne: Phenom has raised over $700k including 500 Startups
“So overall, we've raised a little over 700,000 between some notes and some equity, and then, you know, now we're in 500 startups you know, batch 16 here in San Francisco, and so that, you know, that comes with you know, a small investment as well.”
Brian Verne Mar 30, 2016 ▶ 11:56 $700k Raised For App That Connects Brands to High School Athletes With Brian Verne of Phantom EP 210
Mar 30, 2016
Assertion Not checkable as stated
Phenom has about 60,000 high school athlete users
“So we have about 60,000 high school athletes that are using the platform.”
Brian Verne Mar 30, 2016 ▶ 6:06 $700k Raised For App That Connects Brands to High School Athletes With Brian Verne of Phantom EP 210
Mar 30, 2016
Assertion Not checkable as stated
Phenom peaked at over 25,000 monthly active users in early 2016
“Our general, you know, monthly actives are anywhere from, you know, in the tens of thousands all the way up to, we had, you know, over 25,000 monthly actives you know, in the last in the last quarter at one point.”
Brian Verne Mar 30, 2016 ▶ 6:36 $700k Raised For App That Connects Brands to High School Athletes With Brian Verne of Phantom EP 210
Mar 30, 2016 bullish
Disclosure
Verne: Instagram is the core driver of Phenom's business and growth
“Instagram is, is essentially the basis of our business and how we grow our community.”
Brian Verne Mar 30, 2016 ▶ 16:02 $700k Raised For App That Connects Brands to High School Athletes With Brian Verne of Phantom EP 210
Mar 30, 2016
Assertion Not checkable as stated
Phenom users have tagged over 250,000 products to their profiles
“Our users have added over 250,000 products to their phenom profiles”
Brian Verne Mar 30, 2016 ▶ 7:11 $700k Raised For App That Connects Brands to High School Athletes With Brian Verne of Phantom EP 210
Mar 30, 2016
Disclosure
Brian Verne takes a $30k founder salary and often foregoes pay
“About 30,000 bucks a year, and there are many times where we haven't paid ourselves.”
Brian Verne Mar 30, 2016 ▶ 12:37 $700k Raised For App That Connects Brands to High School Athletes With Brian Verne of Phantom EP 210
Mar 30, 2016 positive
Insight
Verne: Sports brands crave high school athletes over pro influencers
“The brands and the marketers and the retailers are no longer just placing a, you know, value on pro athletes as being influencers. In fact, they absolutely crave the high school athlete segment, but the problem that they have is reaching young athletes at a gr…”
Brian Verne Mar 30, 2016 ▶ 3:45 $700k Raised For App That Connects Brands to High School Athletes With Brian Verne of Phantom EP 210
Mar 30, 2016 neutral
What-if
Knowing startup difficulties early would have caused Brian Verne to quit
“I don't necessarily wish I knew this, because I think we probably would have quit, even during our first startup, but just how difficult, you know, it really is to, you know, build a business, and, you know, to grow it, and to see it scale, and, you know, to d…”
Brian Verne Mar 30, 2016 ▶ 20:14 $700k Raised For App That Connects Brands to High School Athletes With Brian Verne of Phantom EP 210
Mar 30, 2016 positive
Assertion Supported
Verne: Phenom moved from Cleveland to SF and joined 500 Startups
“And even if you asked me, you know, four months ago, would I be in San Francisco right now? And we were still in Cleveland. We had just come off our best quarter ever. And I would have told you were crazy. So it's just kind of funny how things work. And you kn…”
Brian Verne Mar 30, 2016 ▶ 21:02 $700k Raised For App That Connects Brands to High School Athletes With Brian Verne of Phantom EP 210
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