Darshan Kaler

Co-Founder & CEO, Tradable Bits · 1 appearance on the record.

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founderexecutiveengineer@DKaler ↗tradablebits.com ↗

Darshan Kaler is the co-founder and CEO of Tradable Bits, a fan engagement and data activation platform for sports and music brands. Prior to Tradable Bits, he worked in telecommunications engineering and managed Bell Canada's broadcast communications infrastructure for the Vancouver 2010 Winter Olympics.

13statements → 9claims → 0claims resolved → 3.92/5average certainty → 1.08/5average debate potential →

9 not checkable as stated how the 9 claims stand · each chip opens the sources

9 assertions · 4 disclosures · every statement was checked. The predictions and assertions are the 9 claims: statements the public record can support or contradict. 0 are 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 Darshan 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 Darshan Kaler on measured tape to publish a rate. This says nothing about how they speak.

Everything Darshan Kaler 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
Tradable Bits maintains customer churn below 1% in sports and music
“If we're taking a look at this point, we're just focusing on music, right? Music and sports. The retention on, on that side is, I would say, or churn, I just say is probably less than one percent.”
Darshan Kaler Aug 16, 2018 ▶ 12:44 1118 CEO: How I Bootstrapped to $3m in ARR
Disclosure
Tradable Bits serves clients like Live Nation and Ticketmaster
“Our clients are going to be like the companies like the live nations of the world ticket master or right down to a potential artist that's trying to roll out their new album and things like that tied to a label.”
Darshan Kaler Aug 16, 2018 ▶ 3:16 1118 CEO: How I Bootstrapped to $3m in ARR
Disclosure
Tradable Bits pricing starts at $15,000 per year
“It's gonna range between a starting point of 15,000 dollars a year all the way up depending on the volume of data that we're gonna be providing services to.”
Darshan Kaler Aug 16, 2018 ▶ 4:28 1118 CEO: How I Bootstrapped to $3m in ARR
Assertion Not checkable as stated
Tradable Bits engages over 20 million active fans annually
“So today, you know, we're about on an active basis, over twenty million engaged audiences on a yearly basis.”
Darshan Kaler Aug 16, 2018 ▶ 7:37 1118 CEO: How I Bootstrapped to $3m in ARR
Assertion Not checkable as stated
Tradable Bits serves approximately 250 distinct corporate clients
“So if we're looking at actual, let's, let's take a look at companies by entity, you know, we're about 250 different companies that we deal with.”
Darshan Kaler Aug 16, 2018 ▶ 8:04 1118 CEO: How I Bootstrapped to $3m in ARR
Assertion Not checkable as stated
Tradable Bits generates between $200,000 and $300,000 in monthly revenue
“Well, it changes from month to month, but yeah, you can go between anywhere between, you know, 200 to 300.”
Darshan Kaler Aug 16, 2018 ▶ 8:28 1118 CEO: How I Bootstrapped to $3m in ARR
Assertion Not checkable as stated
Tradable Bits is growing its revenue at 50% year-over-year
“Yeah, so we're growing 50% year, year over year.”
Darshan Kaler Aug 16, 2018 ▶ 9:25 1118 CEO: How I Bootstrapped to $3m in ARR
Disclosure
Tradable Bits grew to multimillion-dollar revenue without raising outside capital
“So we've never raised any money. And you know, at this point it's all organic growth through word of mouth.”
Darshan Kaler Aug 16, 2018 ▶ 11:44 1118 CEO: How I Bootstrapped to $3m in ARR
Assertion Not checkable as stated
Tradable Bits customer acquisition cost ranges between $3,000 and $5,000
“So cost for acquisition can range between, you know, three to 5000. And from that perspective you know, we're pretty strategic about which events we go to.”
Darshan Kaler Aug 16, 2018 ▶ 13:22 1118 CEO: How I Bootstrapped to $3m in ARR
Assertion Not checkable as stated
Tradable Bits recoups its customer acquisition costs within six months
“On average depending on which events that we go to, some are more expensive to, you know, to sponsor. But in, in most cases we get those return At least within six months.”
Darshan Kaler Aug 16, 2018 ▶ 13:41 1118 CEO: How I Bootstrapped to $3m in ARR
Assertion Not checkable as stated
Tradable Bits reports three-year customer lifetime values of $50,000 to $60,000
“I would say each customers within, let's take a look at the last three years of most of our customers that have been on the platform. You know, a lifetime is going to be between 50 to 60 grand in, in, in a three year window.”
Darshan Kaler Aug 16, 2018 ▶ 14:00 1118 CEO: How I Bootstrapped to $3m in ARR
Disclosure
Tradable Bits employs over 17 people and is actively hiring
“Oh, team size we're over 17 people. And we're adding more people from that.”
Darshan Kaler Aug 16, 2018 ▶ 7:04 1118 CEO: How I Bootstrapped to $3m in ARR
Assertion Not checkable as stated
Ad targeting fees account for roughly 20% of Tradable Bits' revenue
“It's about 20%.”
Darshan Kaler Aug 16, 2018 ▶ 8:58 1118 CEO: How I Bootstrapped to $3m in ARR

Appearances (1)

EpisodeDateSpeaking time
1118 CEO: How I Bootstrapped to $3m in ARR Aug 16, 2018 8m
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