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XIQ

12 statements across 1 episodes · 3 bullish · 0 bearish · 1 people on the record · first statement Dec 29, 2016 by Usman Sheikh · said 31 times in 3 episodes since 2016 · across every show →

Mentions by year

brought up most by Nathan Latka (24), Usman Sheikh (7)

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0232016episodes it came up in
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2016 31 mentions in 3 episodes 10 per episode

every mention, scene by scene, with the transcript →

Everything said about XIQ, oldest first

Dec 29, 2016 positive
Assertion Not checkable as stated
Sheikh expects large enterprise accounts to average $250,000 annually
“We believe that, you know, per year on an average, some of our large enterprise customers can easily be quarter million or average quarter million dollars.”
Usman Sheikh Dec 29, 2016 ▶ 13:53 EP 523: xIQ Using AI to Power Sales Teams with $1.1m Raised with CEO Usman Sheikh
Dec 29, 2016 neutral
Disclosure
xIQ raised $1.125 million across seed and institutional funding rounds
“The seed round was about 125,000, and then subsequently we've raised another million dollars.”
Usman Sheikh Dec 29, 2016 ▶ 5:07 EP 523: xIQ Using AI to Power Sales Teams with $1.1m Raised with CEO Usman Sheikh
Dec 29, 2016
Assertion Not checkable as stated
Sheikh: XIQ corporate customers pay an average of $7,000 monthly
“Yeah, on average about 7000 a month.”
Usman Sheikh Dec 29, 2016 ▶ 6:43 EP 523: xIQ Using AI to Power Sales Teams with $1.1m Raised with CEO Usman Sheikh
Dec 29, 2016 positive
Assertion Not checkable as stated
Sheikh: Companies can set up xIQ in under 30 minutes
“Companies come in, they can set up in less than half hour and start getting the benefits of the product and the platform immediately.”
Usman Sheikh Dec 29, 2016 ▶ 4:03 EP 523: xIQ Using AI to Power Sales Teams with $1.1m Raised with CEO Usman Sheikh
Dec 29, 2016 neutral
Disclosure
Sheikh: XIQ employs a team of fewer than 15 people
“We are a under 15 people team.”
Usman Sheikh Dec 29, 2016 ▶ 5:37 EP 523: xIQ Using AI to Power Sales Teams with $1.1m Raised with CEO Usman Sheikh
Dec 29, 2016
Assertion Not checkable as stated
Sheikh: XIQ has about 10 corporate customers
“So we have, as an, as corporate customers, we have about 10 corporate customers as of now.”
Usman Sheikh Dec 29, 2016 ▶ 6:03 EP 523: xIQ Using AI to Power Sales Teams with $1.1m Raised with CEO Usman Sheikh
Dec 29, 2016
Assertion Not checkable as stated
Sheikh: All XIQ corporate customer agreements are annual contracts
“These are all annual contracts.”
Usman Sheikh Dec 29, 2016 ▶ 7:06 EP 523: xIQ Using AI to Power Sales Teams with $1.1m Raised with CEO Usman Sheikh
Dec 29, 2016
Disclosure
Sheikh: XIQ's team consists of sales, pre-sales, and mostly developers
“There is myself, there is a pre-sales person, there's two sales guys, and the rest of them are developers.”
Usman Sheikh Dec 29, 2016 ▶ 11:33 EP 523: xIQ Using AI to Power Sales Teams with $1.1m Raised with CEO Usman Sheikh
Dec 29, 2016 neutral
Disclosure
xIQ relies entirely on direct sales with zero paid marketing spend
“We are not really doing any paid marketing at this point. Our customer acquisition cost is the salespeople.”
Usman Sheikh Dec 29, 2016 ▶ 12:49 EP 523: xIQ Using AI to Power Sales Teams with $1.1m Raised with CEO Usman Sheikh
Dec 29, 2016 positive
Assertion Not checkable as stated
Sheikh: XIQ has experienced zero customer churn on annual plans
“As of yet, no, we have not.”
Usman Sheikh Dec 29, 2016 ▶ 12:31 EP 523: xIQ Using AI to Power Sales Teams with $1.1m Raised with CEO Usman Sheikh
Dec 29, 2016
Disclosure
Sheikh: XIQ uses Apache Solr and IBM Watson for content processing
“We use Solar Apache as the technology to first help us index and do NLP, natural language processing, and then we use IBM Watson to further help us characterize and categorize that content.”
Usman Sheikh Dec 29, 2016 ▶ 9:19 EP 523: xIQ Using AI to Power Sales Teams with $1.1m Raised with CEO Usman Sheikh
Dec 29, 2016
Disclosure
Genpact is a paying xIQ customer running two platform instances
“We have a customer called Genpact. It's a big business process outsourcing and consulting firm. They have we are doing Two instances with them.”
Usman Sheikh Dec 29, 2016 ▶ 7:24 EP 523: xIQ Using AI to Power Sales Teams with $1.1m Raised with CEO Usman Sheikh
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