Alex Saidani

Founder & Managing Director, Nomadic · 1 appearance on the record.

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Alex Saidani is a software developer and entrepreneur who founded InDemand, a white-label delivery SaaS platform backed by 500 Startups and SOSV. Today, he leads Nomadic (NomadicX), an advisory and infrastructure service assisting digital nomads and founders with international relocation, tax compliance, and entity structuring.

9statements → 2claims → 0claims resolved → 3.78/5average certainty → 1/5average debate potential →

2 not checkable as stated how the 2 claims stand · each chip opens the sources

2 assertions · 7 disclosures · every statement was checked. The predictions and assertions are the 2 claims: statements the public record can support or contradict. 0 are resolved, and 2 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 Alex 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 Alex Saidani on measured tape to publish a rate. This says nothing about how they speak.

What they said9 Episodes1

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

Disclosure

InDemand charges grocery stores setup, subscription, and per-order fees

“So we're actually just in the midst of a pivot, but so right now we sell software for grocery stores and other local retailers. Be able to sell to their customers online and actually deliver to them within the hour. We kind of say there's a white label Instaca…”

Alex Saidani Dec 9, 2016 ▶ 2:08 EP 503: $125k for 5%, How To Grow Into $2m+ Valuation with InDemand CEO Alex Saidani

Assertion Not checkable as stated

InDemand generated about $325,000 in gross revenue over 18 months

“I mean, in the past 18 months we've made around 325 K.”

Alex Saidani Dec 9, 2016 ▶ 3:15 EP 503: $125k for 5%, How To Grow Into $2m+ Valuation with InDemand CEO Alex Saidani

Assertion Not checkable as stated

InDemand has roughly 150 customer companies, with 25 actively processing orders

“We're working with, we've got about a 150 companies using the software. About 25 of them are active.”

Alex Saidani Dec 9, 2016 ▶ 4:14 EP 503: $125k for 5%, How To Grow Into $2m+ Valuation with InDemand CEO Alex Saidani

Disclosure

InDemand generated about $25,000 in revenue in October 2016

“We made about 25,000 dollars in revenue. A lot of that was actually more set up fees and custom stuff than monthly.”

Alex Saidani Dec 9, 2016 ▶ 5:56 EP 503: $125k for 5%, How To Grow Into $2m+ Valuation with InDemand CEO Alex Saidani

Disclosure

500 Startups took 5% equity in InDemand for $125,000

“So it's sort of five percent and it converts when you raise the price round.”

Alex Saidani Dec 9, 2016 ▶ 8:34 EP 503: $125k for 5%, How To Grow Into $2m+ Valuation with InDemand CEO Alex Saidani

Disclosure

InDemand processed $6,000 in gross transaction volume in October 2016

“About 6000 dollars.”

Alex Saidani Dec 9, 2016 ▶ 7:57 EP 503: $125k for 5%, How To Grow Into $2m+ Valuation with InDemand CEO Alex Saidani

Disclosure

InDemand had nine months of runway remaining as of November 2016

“We've got about nine months in runway.”

Alex Saidani Dec 9, 2016 ▶ 9:47 EP 503: $125k for 5%, How To Grow Into $2m+ Valuation with InDemand CEO Alex Saidani

Disclosure

InDemand pays $40 per 200 leads to Fiverr researchers

“Yes, so we paid about 40 dollars for 200 leads sort of, you know, it's a little more expensive than others, but it's actually a pretty good deal because they are more high quality.”

Alex Saidani Dec 9, 2016 ▶ 11:23 EP 503: $125k for 5%, How To Grow Into $2m+ Valuation with InDemand CEO Alex Saidani

Disclosure

InDemand sees a 2% conversion rate from outbound lead generation

“Yeah. So we got it was like a two percent conversion rate from that. So like two people.”

Alex Saidani Dec 9, 2016 ▶ 11:38 EP 503: $125k for 5%, How To Grow Into $2m+ Valuation with InDemand CEO Alex Saidani

Appearances (1)

Episode	Date	Speaking time
EP 503: $125k for 5%, How To Grow Into $2m+ Valuation with InDemand CEO Alex Saidani	Dec 9, 2016	6m

Alex Saidani

The record, in short

How they sound: not measured why? →

Appearances (1)

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