SubClout

7 statements across 1 episodes · 2 bullish · 0 bearish · 2 people on the record · first statement Apr 9, 2021 by Max Metcalfe · said 21 times in 1 episodes since 2021 · across every show →

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brought up most by Nathan Latka (21)

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2021 21 mentions in 1 episode

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Everything said about SubClout, oldest first

Apr 9, 2021 neutral
Disclosure
SubClout seeks to raise up to $500K for team expansion
“Yeah, we're looking to raise, like, two 50 to 500,000. Look, to, we'd use the money to pay salary, build out a team.”
Max Metcalfe Apr 9, 2021 ▶ 15:53 The First SaaS on BitClout will Replace Substack, Patreon
Apr 9, 2021 positive
Assertion Not checkable as stated
SubClout waitlist reaches 160 creators after first native newsletter send
“We sent our first newsletter yesterday that was written and sent and packaged everything on natively on the platform. So it was really fun for us. And then we're onboarding people. We have like a 160 on our waitlist right now. Onboarding starting tomorrow.”
Max Metcalfe Apr 9, 2021 ▶ 14:57 The First SaaS on BitClout will Replace Substack, Patreon
Apr 9, 2021 neutral
Assertion Supported
SubClout coin grants platform access, not equity ownership
“When you buy the coin, you're not buying stock in the company, right? Those are two separate things. It's like a way to get rewards. So the reason to buy sub cloud coin is not because you get X percent of the company. It's because you get to use the platform, …”
Max Metcalfe Apr 9, 2021 ▶ 5:04 The First SaaS on BitClout will Replace Substack, Patreon
Apr 9, 2021 neutral
Disclosure
SubClout charges creator coins instead of fiat currency for access
“No, we don't charge fiat for our tool. No, we charge creator coin for our tool.”
Max Metcalfe Apr 9, 2021 ▶ 14:31 The First SaaS on BitClout will Replace Substack, Patreon
Apr 9, 2021
Assertion Supported
SubClout creator coin market cap sits at $157,000
“Yeah, you have seven, about 70 coins in circulation today. The market cap is about a 157,000 dollars, more than your personal market cap.”
Nathan Latka Apr 9, 2021 ▶ 3:30 The First SaaS on BitClout will Replace Substack, Patreon
Apr 9, 2021 neutral
Insight
Selling creator coins to fund founder salaries depresses token value
“Selling coins decreases the price and kind of hurts the value of the coin itself. So the reason to raise outside funding is to give us a path where we can build this full time without like Hurting the value of the coin in the short term so we can like build fo…”
Max Metcalfe Apr 9, 2021 ▶ 3:55 The First SaaS on BitClout will Replace Substack, Patreon
Apr 9, 2021 bullish
Opinion
Consumers prefer holding equity over paying monthly SaaS subscriptions
“We want to build a platform that enables people to have the option of paying 10 dollars a month for Spotify or owning two shares of their stock. And if you could have that choice, I feel like most people would choose to own two shares of their stock, given tha…”
Max Metcalfe Apr 9, 2021 ▶ 18:11 The First SaaS on BitClout will Replace Substack, Patreon
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