Trend.io

18 statements across 2 episodes · 1 bullish · 3 bearish · 2 people on the record · first statement Mar 2, 2020 by Ramon Berrios · said 40 times in 2 episodes since 2020 · across every show →

Mentions by year

brought up most by Nathan Latka (29), Ramon Berrios (11)

tap a year for its mentions
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2020 40 mentions in 2 episodes 20 per episode

every mention, scene by scene, with the transcript →

Everything said about Trend.io, oldest first

Mar 2, 2020
Assertion Not checkable as stated
Berrios: 300 Trend.io creators earned payouts across 3,000 campaign posts
“I would say probably around 300 of those have made at least a dollar, and we've had 3000 campaigns created, so 3000 influencers have created posts through Trend.”
Ramon Berrios Mar 2, 2020 ▶ 8:56 1682 How He Helps Small Instagram Influencers Make Big Bucks from Major Brands
Mar 2, 2020 neutral
Disclosure
Ramon Berrios: Trend.io Raised $750,000 in Convertible Notes
“Yeah, so we did about a year ago, 250 from friends and family, and, ah, we have about 500 in notes.”
Ramon Berrios Mar 2, 2020 ▶ 4:34 1682 How He Helps Small Instagram Influencers Make Big Bucks from Major Brands
Mar 2, 2020
Assertion Not checkable as stated
Berrios: Trend.io has served 25 paying brand clients, including Lyft
“Clients that have paid us are about 25 so far, and some of those are, some of those companies are Lyft.”
Ramon Berrios Mar 2, 2020 ▶ 9:09 1682 How He Helps Small Instagram Influencers Make Big Bucks from Major Brands
Mar 2, 2020 neutral
Assertion Not checkable as stated
Latka: Trend.io has only lost two customers
“You just lost two customers.”
Nathan Latka Mar 2, 2020 ▶ 13:05 1682 How He Helps Small Instagram Influencers Make Big Bucks from Major Brands
Mar 2, 2020 bearish
Prediction Not checkable as stated
Latka: Trend.io will face high churn from campaign-driven usage
“My gut tells me you're going to have a lot of churn problems because this is so campaign driven.”
Nathan Latka Mar 2, 2020 ▶ 13:06 1682 How He Helps Small Instagram Influencers Make Big Bucks from Major Brands
Mar 2, 2020
Assertion Not checkable as stated
Berrios: Trend.io grows 40% month-over-month, peaking at 138%
“A year ago, it was nothing. About five months ago, we got our first client, so we've been over 40% month over month, and then our Healthiest month was October to November where we grew a 138%.”
Ramon Berrios Mar 2, 2020 ▶ 4:07 1682 How He Helps Small Instagram Influencers Make Big Bucks from Major Brands
Mar 2, 2020
Assertion Not checkable as stated
Berrios: Trend.io's largest creator has around 100,000 followers
“Around a 100,000 followers. It's probably the most in our platform. This is a micro influencer platform.”
Ramon Berrios Mar 2, 2020 ▶ 12:26 1682 How He Helps Small Instagram Influencers Make Big Bucks from Major Brands
Mar 2, 2020 negative
Insight
Berrios: Searching influencer databases solves less than a quarter of workflow
“When we were looking at all these other platforms, there were sort of like a database where you would search and find influencers. But tricky part is that that is not even a quarter of the whole process of getting to work with influencers. Searching for them i…”
Ramon Berrios Mar 2, 2020 ▶ 1:41 1682 How He Helps Small Instagram Influencers Make Big Bucks from Major Brands
Mar 2, 2020 neutral
Assertion Not checkable as stated
Berrios: Trend.io burns up to $30,000 monthly against $25,000 MRR
“We're burning around 25 to 30 and we're in 25 MRR.”
Ramon Berrios Mar 2, 2020 ▶ 5:36 1682 How He Helps Small Instagram Influencers Make Big Bucks from Major Brands
Mar 2, 2020
Assertion Not checkable as stated
Berrios: Trend.io has 1,600 active influencers on its network
“We have around 1600 influencers active on the network.”
Ramon Berrios Mar 2, 2020 ▶ 8:46 1682 How He Helps Small Instagram Influencers Make Big Bucks from Major Brands
Sep 10, 2020 neutral
Assertion Supported
Trend.io charges $100 per post including full licensing and distribution rights
“All credits are standardized, they're a hundred dollars, and that gets you know, a post from the micro-influencer on their social, but you also get the video or the image with licensing and distribution rights.”
Ramon Berrios Sep 10, 2020 ▶ 5:09 Trend.io Does $60k/mo Helping Brands Find MicroInfluencers
Sep 10, 2020
Assertion Not checkable as stated
Trend.io built its v1 iOS app via a 500-hour design barter
“My Partner exchange, 500 hours of design with him in order to get our V one for free.”
Ramon Berrios Sep 10, 2020 ▶ 9:13 Trend.io Does $60k/mo Helping Brands Find MicroInfluencers
Sep 10, 2020 neutral
Assertion Not checkable as stated
Trend.io is currently burning $20,000 to $30,000 per month
“We are burning right now. Anywhere from 20 to 30.”
Ramon Berrios Sep 10, 2020 ▶ 7:54 Trend.io Does $60k/mo Helping Brands Find MicroInfluencers
Sep 10, 2020 neutral
Assertion Not checkable as stated
Trend.io's average customer lifetime value is around $2,000
“We've been with this revenue model for about six months now, so our average lifetime value right now is around the 2000 range so far.”
Ramon Berrios Sep 10, 2020 ▶ 3:20 Trend.io Does $60k/mo Helping Brands Find MicroInfluencers
Sep 10, 2020 neutral
Disclosure
Trend.io eliminated its sales team to invest fully in product
“We got rid of the sales team. We invest a hundred percent of the products into the product.”
Ramon Berrios Sep 10, 2020 ▶ 4:40 Trend.io Does $60k/mo Helping Brands Find MicroInfluencers
Sep 10, 2020 positive
Assertion Supported
Trend.io assumes legal liability for brands repurposing influencer content
“Trend is the liable party in between. So it relieves the brand from, you know, Hey, we're good to use this on other channels.”
Ramon Berrios Sep 10, 2020 ▶ 6:14 Trend.io Does $60k/mo Helping Brands Find MicroInfluencers
Sep 10, 2020 negative
Disclosure
Trend.io abandoned traditional SaaS subscription pricing for a usage-based model
“In the past, we were your traditional SaaS model, but we noticed that that wasn't going to work well in the space just from trial and error.”
Ramon Berrios Sep 10, 2020 ▶ 3:09 Trend.io Does $60k/mo Helping Brands Find MicroInfluencers
Sep 10, 2020 neutral
Assertion Not checkable as stated
Trend.io generated $60k in a month from 60 brands spending $1,000
“That's accurate, yeah.”
Ramon Berrios Sep 10, 2020 ▶ 5:43 Trend.io Does $60k/mo Helping Brands Find MicroInfluencers
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