Sulekha

9 statements across 1 episodes · 2 bullish · 2 bearish · 1 people on the record · first statement Apr 1, 2021 by Satya Prabhakar · said 18 times in 1 episodes since 2021 · across every show →

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brought up most by Nathan Latka (17), Satya Prabhakar (1)

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2021 18 mentions in 1 episode

every mention, scene by scene, with the transcript →

Everything said about Sulekha, oldest first

Apr 1, 2021 bearish
Assertion Not checkable as stated
Sulekha sales dropped 80% in one month during March 2020 lockdown
“Just in a matter of one month, our actual sales have dropped 80%. Eight zero.”
Satya Prabhakar Apr 1, 2021 ▶ 13:07 The $30 Million Marketplace Out of India
Apr 1, 2021
Assertion Not checkable as stated
Prabhakar: Sulekha serves 40,000 to 50,000 paying providers quarterly
“So we have, in this quarter, we would have the number of live, ah, service providers who we have served, who have paid us money and served would be in the, in between 40,000 to 50,000 from across India.”
Satya Prabhakar Apr 1, 2021 ▶ 11:59 The $30 Million Marketplace Out of India
Apr 1, 2021
Disclosure
Sulekha has raised approximately $40M to date
“Till date we have raised about forty million dollars.”
Satya Prabhakar Apr 1, 2021 ▶ 7:39 The $30 Million Marketplace Out of India
Apr 1, 2021
Assertion Not checkable as stated
Sulekha match fees range from $2 to $20 by category
“If you're looking at the painting contractor, you know, the value of match service request can be two to three dollars. But if you're looking for a at a large event organizer, the value of that thing can be anywhere between 15 to 20 dollars.”
Satya Prabhakar Apr 1, 2021 ▶ 7:09 The $30 Million Marketplace Out of India
Apr 1, 2021 bullish
Prediction Didn’t hold up
Sulekha predicts $40M to $50M revenue upon 2023 US events recovery
“So that market has come to a complete freeze. So we are expecting that in the year, 20, 23 was when we will get get that market back. And once we get that market back, we'll be able to hint the numbers that you're talking about.”
Satya Prabhakar Apr 1, 2021 ▶ 16:11 The $30 Million Marketplace Out of India
Apr 1, 2021 neutral
Assertion Not checkable as stated
Sulekha missed its 2015 revenue target of $30M by 25%
“We were off by 20, 25%.”
Satya Prabhakar Apr 1, 2021 ▶ 15:10 The $30 Million Marketplace Out of India
Apr 1, 2021 bullish
Prediction Not checkable as stated
Sulekha expects consumer requests to hit 1.5M monthly within three months
“But we are expecting in the next three months for it to go back up to about one and a half million per month again.”
Satya Prabhakar Apr 1, 2021 ▶ 12:36 The $30 Million Marketplace Out of India
Apr 1, 2021
Assertion Not checkable as stated
Prabhakar: Sulekha service providers pay $100 to $2,500 monthly
“And that one actually Nathan varies from anywhere between a hundred dollars to about 2500 dollars a month.”
Satya Prabhakar Apr 1, 2021 ▶ 6:49 The $30 Million Marketplace Out of India
Apr 1, 2021 bearish
Assertion Not checkable as stated
Sulekha consumer requests fell from 1.3M to 600K monthly during COVID
“And the number of consumers who are coming to get, get them pre-COVID, it was about one point 1.1 to 1.3 million per month. Because of COVID, people are not going out doing stuff. It has come down to about seven, 600 to eight, 800,000.”
Satya Prabhakar Apr 1, 2021 ▶ 12:17 The $30 Million Marketplace Out of India
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