TAIA

0 statements across 0 episodes · 4 bullish · 1 bearish · 1 people on the record · first statement Sep 20, 2021 by Marco Hojan · said 3 times in 1 episodes since 2021 · across every show →

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brought up most by Nathan Latka (3)

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Everything said about TAIA, oldest first

Sep 20, 2021 bullish
Assertion Not checkable as stated
TAIA reached 3,000 paying customers for its machine translation platform
“3000.”
Marco Hojan Sep 20, 2021 ▶ 3:33 Translation Tool Breaks $1.2m Run Rate, 3,000 Customers, New Raise Soon?
Sep 20, 2021
Disclosure
TAIA spends approximately $30,000 per month on paid marketing
“Let me give you a number around 30 K. This number is increasing month by month.”
Marco Hojan Sep 20, 2021 ▶ 13:37 Translation Tool Breaks $1.2m Run Rate, 3,000 Customers, New Raise Soon?
Sep 20, 2021
Assertion Not checkable as stated
TAIA reached $100,000 in monthly recurring revenue in August 2021
“Around a 100,000.”
Marco Hojan Sep 20, 2021 ▶ 4:38 Translation Tool Breaks $1.2m Run Rate, 3,000 Customers, New Raise Soon?
Sep 20, 2021 positive
Insight
Marco Hojan says improved machine translation reduces reliance on skilled translators
“The trend is that the companies translate more and more by themselves. The reasons are technical knowledge, SEO optimization, security, and so on. And machine, with machine translation, actually you don't need such good translators anymore.”
Marco Hojan Sep 20, 2021 ▶ 13:07 Translation Tool Breaks $1.2m Run Rate, 3,000 Customers, New Raise Soon?
Sep 20, 2021
Assertion Not checkable as stated
TAIA has sufficient cash runway to last until early 2022
“So we have enough for until the beginning of 2022.”
Marco Hojan Sep 20, 2021 ▶ 8:53 Translation Tool Breaks $1.2m Run Rate, 3,000 Customers, New Raise Soon?
Sep 20, 2021 neutral
Disclosure
TAIA pays approximately $10,000 annually for its ZoomInfo subscription
“We pay yearly about 10 K.”
Marco Hojan Sep 20, 2021 ▶ 7:58 Translation Tool Breaks $1.2m Run Rate, 3,000 Customers, New Raise Soon?
Sep 20, 2021 neutral
Assertion Not checkable as stated
Marco Hojan claims there is no standard platform for software translation
“There is no standard when it comes to translating software, web pages, and so on, and we want to become the standard.”
Marco Hojan Sep 20, 2021 ▶ 11:48 Translation Tool Breaks $1.2m Run Rate, 3,000 Customers, New Raise Soon?
Sep 20, 2021
Disclosure
TAIA adds 300 new users monthly with an 80% conversion rate
“We gained approximately 300 users, but it's not necessarily that each user becomes a customer, you know, because some you, they, some users just come on the platform, this will see. So I would say that about 80% of users definitely become customers.”
Marco Hojan Sep 20, 2021 ▶ 13:57 Translation Tool Breaks $1.2m Run Rate, 3,000 Customers, New Raise Soon?
Sep 20, 2021 bullish
Disclosure
TAIA targets $1.5 million in revenue for 2021
“So, in two 2300 thousand, and our plan for this year is 1.5 mil.”
Marco Hojan Sep 20, 2021 ▶ 4:27 Translation Tool Breaks $1.2m Run Rate, 3,000 Customers, New Raise Soon?
Sep 20, 2021 neutral
Disclosure
TAIA drove its early revenue growth through outbound cold calling
“Actually, the growth was mostly due to old school cold call sales.”
Marco Hojan Sep 20, 2021 ▶ 5:17 Translation Tool Breaks $1.2m Run Rate, 3,000 Customers, New Raise Soon?
Sep 20, 2021 negative
Opinion
Marco Hojan claims traditional translation providers compete only on price
“We quickly saw that we could only compete with price and that the whole market is competing with price and that the market is really outdated.”
Marco Hojan Sep 20, 2021 ▶ 1:44 Translation Tool Breaks $1.2m Run Rate, 3,000 Customers, New Raise Soon?
Sep 20, 2021 neutral
Disclosure
TAIA aims to raise a $3 million funding round in 2022
“This is not clear yet. It depends on our results this next six months, but around three million.”
Marco Hojan Sep 20, 2021 ▶ 9:20 Translation Tool Breaks $1.2m Run Rate, 3,000 Customers, New Raise Soon?
Sep 20, 2021
Assertion Supported
TAIA raised a $1.2 million seed round in October 2020
“So, last year, October, 1.2 million, and before that, 200 case altogether, one .1 plus 201.4 altogether.”
Marco Hojan Sep 20, 2021 ▶ 3:52 Translation Tool Breaks $1.2m Run Rate, 3,000 Customers, New Raise Soon?
Sep 20, 2021 positive
Assertion Not checkable as stated
TAIA had fewer than 1,000 paying customers in September 2020
“Less than a thousand.”
Marco Hojan Sep 20, 2021 ▶ 3:41 Translation Tool Breaks $1.2m Run Rate, 3,000 Customers, New Raise Soon?
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