Insight
Purwar: Founders should never split equity 50/50
“So it's just basic rules of founders that there has to be one final decision point. So you never split equity, 50, 50. One person takes more majority and the other person takes less.”
Prediction Open · timeframe Dec 2029
Purwar: 2020s Will Experience Climate-Induced Depression Similar to 1930s
“I was really interested in doing a PhD in economics on climate change induced financial depression, and I was working with Professor Gary Gordon in Yale, so I'm a Yale graduate in the master's program, and I really, really wanted to do that because I was obses…”
Assertion Contradicted
Purwar: 2021 California wildfires affected 40x more homes than prior decade combined
“I mean, even like, for instance, home insurances in the year, 20, 21, the forest fires in California affected 40 times more houses than the last 10 years of fires combined.”
Disclosure
Purwar: Blue Sky flipped equity, making co-founder brother majority shareholder
“I think I took the majority, but then we flipped last year because my brother initially started like, oh, I'm going to help you for two months. And then he was like, oh, this is so exciting. And there's AI and cloud and APIs. And this is so tech. So he's my se…”
Insight
Purwar: Indian seed rounds usually get priced unlike US SAFEs
“You can do 1.2 million of safe, but in the Indian market, you know, it's not that easy. Like usually the rounds get price”
Assertion Not checkable as stated
Purwar: Operating Blue Sky in India Costs $1M Annually Versus $10M in US
“So the cost of running a startup like us in the US and New York would probably like ten million a year. But for cost of running a startup like us here is about a million a year.”
Assertion Not checkable as stated
Purwar: High-Quality Senior Software Engineers in India Cost $30k Yearly
“Like for instance, we, I would say, let's say, 30,000 dollars is something like, you know, you can get really, really good senior engineer. You can get senior engineers who are like coding amazing stuff for 30 grand. You get nothing in the U S for 30 grand.”
Disclosure
Purwar: Blue Sky annual contracts range from $10k to $1M
“So our data sets go anywhere from like 10,000 dollars to like a million dollar, depending on the resolution.”
Disclosure
Purwar: Blue Sky average customer ACV is about $100,000
“I think we get to say that we do a hundred K a year.”
Insight
Purwar: Water pollution modeling costs more than air quality modeling
“For instance, if I'm doing like water pollution monitoring, it's very complex monitoring. So it's more expensive. Air quality is cheaper because it's like cheaper modeling the science. Or the engineering that's needed behind both of these models is like differ…”
Disclosure
Purwar: Blue Sky raised seed round at ~$7M valuation
“I think it's something around seven million. I have to look again.”
Disclosure
Purwar: Blue Sky plans $5M-$6M raise and Netherlands flip
“We are planning to raise more capital and actually flip to Netherlands because it's a very exciting domain for like space data and like climate change. So we are looking to raise about five to six million dollars more and just flip it over the, you know, in th…”
Assertion Not checkable as stated
Purwar: Xiaomi deal surged Blue Sky API hits from 10k to 1M overnight
“So they do our data and like, you know, our APIs, the hits went from 10,000 to like a million like overnight.”
Prediction Not checkable as stated
Purwar: Blue Sky Will Close a Major Client Like Morgan Stanley in Six Months
“Like I go very much, like I'm going to close like one big name, like Morgan Stanley right now in the next six months.”
Assertion Not checkable as stated
Purwar: Blue Sky HQ currently has around 8 to 10 customers
“I think we have about eight to 10 customers now, different sizes, different round.”
