Arif Mamun

Product Owner, PDI Technologies · 1 appearance on the record.

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founderexecutive

He co-founded and served as CEO of CStorePro Technologies, a cloud operations management platform for convenience retailers and gas stations. In May 2019, CStorePro was acquired by Professional Datasolutions, Inc. (PDI) and integrated as PDI CStore Essentials.

14statements → 10claims → 1claims resolved → 3.86/5average certainty → 1.5/5average debate potential →

1 supported 0 partly supported 0 contradicted 9 not checkable as stated how the 10 claims stand · each chip opens the sources

2 predictions · 8 assertions · 4 disclosures · every statement was checked. The predictions and assertions are the 10 claims: statements the public record can support or contradict. 1 is resolved, and 9 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 Arif argues and how the claims held up. Everything they said, and everything said about them, is in the tabs below.

Their most notable supported claim

Assertion Supported

Mamun: C-Store Pro has raised under $1M via convertible notes

“We've raised under a million.”

Arif Mamun Oct 19, 2016 ▶ 3:43 EP 452: 70k MRR, CSTOREPRO, Data play, <1m Raised, <5% monthly churn

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 Arif Mamun on measured tape to publish a rate. This says nothing about how they speak.

What they said14 Episodes1

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

Disclosure

Mamun: C-Store Pro is willing to push CAC to 1:1 LTV

“All things being equal, we'd go, we go all the way up to our lifetime value because we feel strongly that the LTV is, is going to rise on the other end.”

Arif Mamun Oct 19, 2016 ▶ 10:04 EP 452: 70k MRR, CSTOREPRO, Data play, <1m Raised, <5% monthly churn

Prediction Not checkable as stated

Mamun: Brick-and-mortar retail is about to experience an e-commerce-scale revolution

“A brick and mortar retail is about to go through the same revolution that, that e-commerce retail did in the early 2000, late 19 nineties.”

Arif Mamun Oct 19, 2016 ▶ 11:37 EP 452: 70k MRR, CSTOREPRO, Data play, <1m Raised, <5% monthly churn

Assertion Not checkable as stated

Mamun: C-Store Pro's annualized gross churn is under 5%

“Our churn currently is sub five percent annualized.”

Arif Mamun Oct 19, 2016 ▶ 6:30 EP 452: 70k MRR, CSTOREPRO, Data play, <1m Raised, <5% monthly churn

Disclosure

Mamun: C-Store Pro is pivoting from SaaS to data monetization

“The pivot that we're trying to do is, is, is from SAS to a data play, a much broader data play.”

Arif Mamun Oct 19, 2016 ▶ 7:48 EP 452: 70k MRR, CSTOREPRO, Data play, <1m Raised, <5% monthly churn

Disclosure

Mamun: C-Store Pro funds operations via bank credit lines and founder equity

“Bank credit lines. Even personal money. We're putting in our own equity into this thing.”

Arif Mamun Oct 19, 2016 ▶ 12:16 EP 452: 70k MRR, CSTOREPRO, Data play, <1m Raised, <5% monthly churn

Assertion Supported

Mamun: C-Store Pro has raised under $1M via convertible notes

“We've raised under a million.”

Arif Mamun Oct 19, 2016 ▶ 3:43 EP 452: 70k MRR, CSTOREPRO, Data play, <1m Raised, <5% monthly churn

Assertion Not checkable as stated

Mamun: C-Store Pro has roughly 1,500 paying customers

“Well, so paying customers would be 1500 or there about.”

Arif Mamun Oct 19, 2016 ▶ 4:07 EP 452: 70k MRR, CSTOREPRO, Data play, <1m Raised, <5% monthly churn

Assertion Not checkable as stated

Mamun: C-Store Pro is generating around $73,000 in MRR

“That would be in line, yes.”

Arif Mamun Oct 19, 2016 ▶ 4:22 EP 452: 70k MRR, CSTOREPRO, Data play, <1m Raised, <5% monthly churn

Prediction Not checkable as stated

Mamun: C-Store Pro is on track to break $1M revenue in 2016

“We, we're on track.”

Arif Mamun Oct 19, 2016 ▶ 5:48 EP 452: 70k MRR, CSTOREPRO, Data play, <1m Raised, <5% monthly churn

Assertion Not checkable as stated

Mamun: C-Store Pro recorded 13 million basket transactions in August 2016

“The numbers now number in August was thirteen million.”

Arif Mamun Oct 19, 2016 ▶ 8:55 EP 452: 70k MRR, CSTOREPRO, Data play, <1m Raised, <5% monthly churn

Assertion Not checkable as stated

Mamun: C-Store Pro spends roughly $180 per trial customer

“So customer acquisition cost ranges month to month but it's roughly at this point about a 180 bucks a trial customer.”

Arif Mamun Oct 19, 2016 ▶ 10:24 EP 452: 70k MRR, CSTOREPRO, Data play, <1m Raised, <5% monthly churn

Assertion Not checkable as stated

Mamun: C-Store Pro monthly headcount cost is reaching $100,000

“It's now getting up to a 100,000 a month.”

Arif Mamun Oct 19, 2016 ▶ 11:51 EP 452: 70k MRR, CSTOREPRO, Data play, <1m Raised, <5% monthly churn

Assertion Not checkable as stated

Mamun: C-Store Pro customers pay an average of $49 monthly

“49 bucks a month.”

Arif Mamun Oct 19, 2016 ▶ 2:54 EP 452: 70k MRR, CSTOREPRO, Data play, <1m Raised, <5% monthly churn

Disclosure

Mamun: C-Store Pro acquires customers primarily through offline marketing channels

“So it's mostly offline stuff right now and a little bit of online stuff. You know, trade shows, conventions you know flyers and things like that. Direct mail.”

Arif Mamun Oct 19, 2016 ▶ 10:48 EP 452: 70k MRR, CSTOREPRO, Data play, <1m Raised, <5% monthly churn

Appearances (1)

Episode	Date	Speaking time
EP 452: 70k MRR, CSTOREPRO, Data play, <1m Raised, <5% monthly churn	Oct 19, 2016	5m

Arif Mamun

The record, in short

Their most notable supported claim

How they sound: not measured why? →

Appearances (1)

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