SMD

8 statements across 1 episodes · 2 bullish · 1 bearish · 2 people on the record · first statement Mar 21, 2021 by Andras Tassi · said 5 times in 1 episodes since 2021 · across every show →

Mentions by year

brought up most by Nathan Latka (5)

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2021 5 mentions in 1 episode

He Sold 0.7% For $50k With $100k ARR ($7m Valuation). Mistake? Mar 21, 2021 · 5 mentions · from 1:49
every mention in 2021, scene by scene →

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Everything said about SMD, oldest first

Mar 21, 2021

Assertion Not publicly verifiable

Tassi: SMD pivoted from hospitality to franchises after COVID-19 hit

“Well, we officially launched the software in February. So last February when the COVID started and that was a huge hit and it's really, really didn't work out for us because our main niche was restaurants, casinos, and hotels. So it was a disaster for the soft…”

Andras Tassi Mar 21, 2021 ▶ 8:13 He Sold 0.7% For $50k With $100k ARR ($7m Valuation). Mistake?

Mar 21, 2021

Disclosure

Andras Tassi raised £35,000 for SMD at a $7 million valuation

“We got 35,000 pounds from like friends and one particle client who invested in based on a seven million dollar valuation.”

Andras Tassi Mar 21, 2021 ▶ 8:55 He Sold 0.7% For $50k With $100k ARR ($7m Valuation). Mistake?

Mar 21, 2021

Assertion Not checkable as stated

Tassi: SMD acquires all new customers via organic social media

“The new customers who we acquiring is all organic social media.”

Andras Tassi Mar 21, 2021 ▶ 7:05 He Sold 0.7% For $50k With $100k ARR ($7m Valuation). Mistake?

Mar 21, 2021

Assertion Not checkable as stated

Tassi: SMD has 98 customers

“We got 98 customers at the moment.”

Andras Tassi Mar 21, 2021 ▶ 5:39 He Sold 0.7% For $50k With $100k ARR ($7m Valuation). Mistake?

Mar 21, 2021 bearish

Opinion

Nathan Latka claims SMD hurt itself taking a $7M valuation early

“I just think you actually really hurt yourself by having such a high valuation so early.”

Nathan Latka Mar 21, 2021 ▶ 12:22 He Sold 0.7% For $50k With $100k ARR ($7m Valuation). Mistake?

Mar 21, 2021

Assertion Not checkable as stated

Tassi: 35 of SMD's 98 customers are on lifetime deals

“No, there are 35 companies who paid one time and the upselling to them services, and then everyone else is paid by month, yes.”

Andras Tassi Mar 21, 2021 ▶ 7:17 He Sold 0.7% For $50k With $100k ARR ($7m Valuation). Mistake?

Mar 21, 2021 bullish

Assertion Not checkable as stated

Tassi: SMD reached $10k MRR after landing four large hybrid clients

“The last month in February, we actually start, that the system will be built now, especially sales and the connections are start to work out, and we land it for big clients. That's it. It's basically package and SAS combined together.”

Andras Tassi Mar 21, 2021 ▶ 5:22 He Sold 0.7% For $50k With $100k ARR ($7m Valuation). Mistake?

Mar 21, 2021 bullish

Prediction Not checkable as stated

Andras Tassi predicts SMD will reach $500,000 in revenue in 2021

“We will definitely double the revenue for last year, but I think it will be probably about half a million.”

Andras Tassi Mar 21, 2021 ▶ 12:52 He Sold 0.7% For $50k With $100k ARR ($7m Valuation). Mistake?

SMD

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Everything said about SMD, oldest first

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