AJ Altman

Founder and CEO, HOVER · 1 appearance on the record.

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A.J. Altman founded HOVER in 2011 to turn smartphone photos of properties into accurate 3D models for home improvement and insurance claims automation. He previously worked at Intel Corporation and served as an infantry officer in the U.S. Marine Corps.

11statements → 9claims → 1claims resolved → 4.09/5average certainty → 1.18/5average debate potential → ≈4.5/5argument clarity, estimated →

0 supported 1 partly supported 0 contradicted 1 not yet assessed 7 not checkable as stated how the 9 claims stand · each chip opens the sources

9 assertions · 2 disclosures · every statement was checked. The predictions and assertions are the 9 claims: statements the public record can support or contradict. 1 is resolved, 1 is not yet assessed, and 7 name no date, number or outcome precise enough to check. Everything else (opinions, insights, what ifs, disclosures) can never be settled by the record, so it carries no assessment.

The record, in short

What the tape says about how AJ argues and how the claims held up. Everything they said, and everything said about them, is in the tabs below.

How they sound: not measured why? →

We measure speaking style by listening to the audio itself, and a fair number needs at least 2,000 words from one person on tape we have measured. There is too little of AJ Altman on measured tape to publish a rate. This says nothing about how they speak.

What they said11 Episodes1

Everything AJ Altman said on Top Founders that made the record, most notable first. Filter by type, assessment or year in the ledger →

Assertion Not checkable as stated

Altman: Exterior property services is an untapped $100B to $200B market

“Well, because effectively what it does is it unlocks the hundred to two hundred billion dollar exterior property services business that no one's ever been able to sell online, right? It effectively allows us to create ways to sell products that go on buildings…”

AJ Altman May 7, 2020 ▶ 1:33 1748 "Wouldn't Be Surprise If We Hit $50M This Year" says 3d Home Modeling CEO

Assertion Not checkable as stated

Altman: Contractors almost never churn from Hover after two or three uses

“Nearly anyone who joins our product and starts to generate this data on a, you know, once they've done it two or three times, they are not leaving this product.”

AJ Altman May 7, 2020 ▶ 4:14 1748 "Wouldn't Be Surprise If We Hit $50M This Year" says 3d Home Modeling CEO

Disclosure

Altman: Hover charges a $40 to $50 flat fee per data package

“We get paid transactionally today. We effectively, every time we generate that data set, that data package for our professional customer, someone who's working on a building or selling a service or product to that building, they pay us some flat fee of typical…”

AJ Altman May 7, 2020 ▶ 2:30 1748 "Wouldn't Be Surprise If We Hit $50M This Year" says 3d Home Modeling CEO

Assertion Not checkable as stated

Altman: Hover has grown 4x year-over-year consecutively

“I can tell you we've grown four X Year over year over year, but I, we haven't exposed actual actual numbers there.”

AJ Altman May 7, 2020 ▶ 5:35 1748 "Wouldn't Be Surprise If We Hit $50M This Year" says 3d Home Modeling CEO

Assertion Not checkable as stated

Altman: 20M to 30M exterior project estimates happen annually in North America

“I can tell you how many how many, roughly how many estimates happen across North America every year for these types of projects. It's between 20 and thirty million.”

AJ Altman May 7, 2020 ▶ 5:43 1748 "Wouldn't Be Surprise If We Hit $50M This Year" says 3d Home Modeling CEO

Assertion Not publicly verifiable

Hover's early development was funded by Department of Defense contracts

“It was a number of DOD contracts. Yes, a number of deals we did selling software to help, help the US government in, in, in tough places.”

AJ Altman May 7, 2020 ▶ 7:15 1748 "Wouldn't Be Surprise If We Hit $50M This Year" says 3d Home Modeling CEO

Assertion Partly supported

Hover raised a $25 million Series B led by GV

“We closed our series B last December. You can see that publicly. It's a twenty-five million dollar round led by GV.”

AJ Altman May 7, 2020 ▶ 7:59 1748 "Wouldn't Be Surprise If We Hit $50M This Year" says 3d Home Modeling CEO

Assertion Not checkable as stated

Altman: Hover works with tens of thousands of US contracting companies

“Hundreds of thousands of contracting companies in the country, and we're dealing with tens of thousands of them today.”

AJ Altman May 7, 2020 ▶ 12:57 1748 "Wouldn't Be Surprise If We Hit $50M This Year" says 3d Home Modeling CEO

Disclosure

Altman: Nearly all paying Hover customers are contractors, not homeowners

“We do have a small number of DIY homeowners that that, that segment is growing rapidly, but the lion's share of our customer base and nearly all of our paying customers are contractors.”

AJ Altman May 7, 2020 ▶ 2:58 1748 "Wouldn't Be Surprise If We Hit $50M This Year" says 3d Home Modeling CEO

Assertion Not checkable as stated

Altman: Hover reached 115 employees after doubling headcount two consecutive years

“Yeah, so the team, we just crossed a 115 employees. We went from 50 to a 110 in the last 12 months. So we're growing rapidly. But yes you know, the number was The number was in the twenties the year before that.”

AJ Altman May 7, 2020 ▶ 9:53 1748 "Wouldn't Be Surprise If We Hit $50M This Year" says 3d Home Modeling CEO

Assertion Not checkable as stated

Altman: Hover holds single-digit market share among contractors

“Oh, a single digit percentage.”

AJ Altman May 7, 2020 ▶ 13:22 1748 "Wouldn't Be Surprise If We Hit $50M This Year" says 3d Home Modeling CEO

Appearances (1)

Episode	Date	Speaking time
1748 "Wouldn't Be Surprise If We Hit $50M This Year" says 3d Home Modeling CEO	May 7, 2020	13m

AJ Altman

The record, in short

How they sound: not measured why? →

Appearances (1)

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