The Exchanges

Every argument clarity score on this site is built from rows on this page. Each question and answer was assessed with names hidden, the host's own answers included, on four things from 1 to 5: directness (does it answer the question asked), coherence (do the ideas follow), precision (concrete details and clear references), compression (says a lot per word). The weighted mix (30/30/25/15) is the exchange score. A person's published score averages their exchange scores on raw tape only, at least 8 of them, shrunk toward the cohort mean. Full method →

Kyle Sherman no published score: no usable exchanges on raw tape, and a fair score needs 8+ · coarse estimate ≈4.5/5 from 4 produced feed exchanges record → ← everyone

Every exchange below was scored with names hidden, four dimensions each from 1 to 5. An exchange's score is 0.30·directness + 0.30·coherence + 0.25·precision + 0.15·compression. The published score averages the raw tape exchange scores and shrinks small samples toward the cohort mean, so five great answers can't beat twenty good ones. Produced feed rows count only toward coarse estimates, never toward a full score.

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Answered produced feed D 5 · C 5 · P 5 · Cm 4 4.85

Q Eight million. And was this through like traditional VCs or did you have to get creative considering the, you know, the industry?

A No, great question. You know, interestingly, there's actually some VCs that are specific to the space. And so early on, our seed round was led by a group called Poseidon out of San Francisco. And they're kind of one of the premier early stage hedge funds. Uh, uh, I guess I would consider more of a VC actually rather than a hedge fund, but Um, uh, they were early stage kind of first to market in the space. And so, um, they're, they've been very supportive, uh, after that final partners, green lion partners, uh, you know, folks like that JM, 10 altitude. These are kind of groups that are really focused on the space, uh, both, both West coast and East coast. And then of course, filling it with angels, mentors of mine, folks like that friends and family.

AI assessment note: “there's actually some VCs that are specific to the space. And so early on”

Answered produced feed D 5 · C 5 · P 5 · Cm 4 4.85

Q What do you mean when you say boutiques? And just to be clear, they're, they're actually selling, what are they actually selling? Like the tools around the industry or the actual, the, I mean, like the actual edibles, the actual things you consume.

A These are cannabis infused products, flower products, you know, bait pens. Uh, these are, you see infused goods. And when I say boutique, I really mean this is a, um, considered like a micro brew, uh, brewery, right? It's, um, a small store, maybe owner operated, maybe only a couple terminals, right? This is a small Boutique store. There's maybe they're a little more pricey than, uh, your chain store. Um, but you are getting really high quality goods. Typically you get a lot more personalized service. Um, the bigger you go, right. If you have a lot more standards, so, you know, you kind of know what to expect, right? Some of these stores, uh, like the green dragons, the native roots is you're going to find these guys all over the mountain range down here in the foothills, uh, you know, expanding nationwide. And that retail experience is similar across the board. So You know, uh, it's akin to a Starbucks experience versus, uh, maybe your local coffee shop.

AI assessment note: “These are cannabis infused products, flower products, you know, bait pens.”

Answered produced feed D 5 · C 5 · P 4 · Cm 4 4.60

Q Right at a hundred percent. Okay. That's great. That's really great. Now, if people, if people churn, why do they churn?

A You know, typically it's a small mom and pop store that maybe, you know, hasn't figured out how to optimize their margins. And so they, they close. Um, so that's kind of, that's a big one. Another one is, you know, look, a lot of these kinds of business owners, uh, they don't fully know what they want to do. It's kind of like, maybe they, they don't understand what software really means to them. So they're going to switch software providers every year. You know, they just, they're, they're constantly trying to, to, uh, grow their business. Maybe ownership has changed, right? There's kind of variables that kind of go into why customers would churn. A lot, the majority is truly because they shut down though.

AI assessment note: “the majority is truly because they shut down though.”

Answered produced feed D 5 · C 4 · P 4 · Cm 4 4.30

Q Where's the growth coming from? Is it literally just adding new dispensaries or is it expanding the revenue from dispensaries you already had?

A Both, you know, so what we did early on is we kind of started at the top down. We said, Hey, let's go serve these consolidators. The folks who are growing really rapidly, maybe they have six plus locations. You know, now they're over For example, right? A lot of these customers of ours. And so those guys are kind of our expansion opportunities, right? But when you look at, uh, the industry holistically, there's a lot of boutique stores popping up everywhere. We can serve that part of the market as well. So we've kind of worked our way down, right? We started at the top, serve the big guys, built our system so that it can support kind of that scalability. And then, uh, you know, worked our way down to the boutiques who are also probably looking to scale over time, but maybe not as aggressively as the bigger

AI assessment note: “Both, you know, so what we did early on is we kind of started”

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