Diego Abba

1 appearance on the record.

computed by AI from the episodes · how this works → · full disclaimer →

14statements → 10claims → 5claims resolved → 60%fully supported → 3.5/5average certainty → 1.14/5average debate potential → 3said about them ↓

3 supported 0 partly supported 2 contradicted 1 not yet assessed 4 not checkable as stated how the 10 claims stand · each chip opens the sources

1 prediction · 9 assertions · 4 disclosures · every statement was checked. The prediction and assertions are the 10 claims: statements the public record can support or contradict. 5 are resolved, 1 is not yet assessed, and 4 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 Diego 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
Only 6% of Italian luxury retail transactions occur online
“Not to mention that only six percent on those transactions go online.”
Diego Abba Apr 6, 2016 ▶ 17:13 Italian Fashion Brand Doing $12m/Year In Transaction Volume EP 227

Their most notable contradicted claim

Assertion Contradicted
Activision generated $1B in five days during a Call of Duty launch
“The last one I received as an award was like, we did a billion in a few, in five days or something like that.”
Diego Abba Apr 6, 2016 ▶ 4:11 Italian Fashion Brand Doing $12m/Year In Transaction Volume EP 227

Expressed certainty vs assessment result

none yet certainty 1
none yet certainty 2
50% certainty 3
67% certainty 4
none yet certainty 5

weighted support: a fully supported claim counts one, a partly supported claim counts half. Each filled bar is clickable and opens exactly those claims; "none yet" means nothing said at that certainty level has resolved yet

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 Diego Abba on measured tape to publish a rate. This says nothing about how they speak.

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

Assertion Supported
Only 6% of Italian luxury retail transactions occur online
“Not to mention that only six percent on those transactions go online.”
Diego Abba Apr 6, 2016 ▶ 17:13 Italian Fashion Brand Doing $12m/Year In Transaction Volume EP 227
Assertion Contradicted
Activision generated $1B in five days during a Call of Duty launch
“The last one I received as an award was like, we did a billion in a few, in five days or something like that.”
Diego Abba Apr 6, 2016 ▶ 4:11 Italian Fashion Brand Doing $12m/Year In Transaction Volume EP 227
Assertion Contradicted
The global luxury apparel and accessories market is under $50B
“In apparel, so clothing and accessories, so bags and shoes, the global market is worth under fifty billion.”
Diego Abba Apr 6, 2016 ▶ 5:13 Italian Fashion Brand Doing $12m/Year In Transaction Volume EP 227
Disclosure
Italist surpassed $10 million in transaction volume in 2015
“In 2015, we passed we passed the first bar that is above the ten million”
Diego Abba Apr 6, 2016 ▶ 5:49 Italian Fashion Brand Doing $12m/Year In Transaction Volume EP 227
Prediction Not publicly verifiable
Italist targets passing $50M run rate by November 2016
“The objective is to go to November to pass the fifty million in annual run rate.”
Diego Abba Apr 6, 2016 ▶ 5:57 Italian Fashion Brand Doing $12m/Year In Transaction Volume EP 227
Disclosure
Italist takes a 20% to 30% cut on marketplace transactions
“I would say, let's say between 20 and 30.”
Diego Abba Apr 6, 2016 ▶ 7:52 Italian Fashion Brand Doing $12m/Year In Transaction Volume EP 227
Assertion Supported
Farfetch reached a $1B valuation on $300M to $400M in sales
“The valuation of Farfetch, that is a similar model. And they got their last round at the valuation of one billion and their total sales was around I would say 300 to four hundred million. In a year. Last year, in 2015, they got the last round of financing.”
Diego Abba Apr 6, 2016 ▶ 9:17 Italian Fashion Brand Doing $12m/Year In Transaction Volume EP 227
Assertion Not checkable as stated
Italist is operating at roughly breakeven
“Since we are more or less a break even already,”
Diego Abba Apr 6, 2016 ▶ 10:38 Italian Fashion Brand Doing $12m/Year In Transaction Volume EP 227
Assertion Not checkable as stated
Italist processed approximately $1M in transaction volume in January 2016
“Yeah, we go around a million.”
Diego Abba Apr 6, 2016 ▶ 12:18 Italian Fashion Brand Doing $12m/Year In Transaction Volume EP 227
Disclosure
Italist is raising an $8M to $10M Series A round
“Yeah, between eight to ten million. That's the idea to raise right now.”
Diego Abba Apr 6, 2016 ▶ 18:21 Italian Fashion Brand Doing $12m/Year In Transaction Volume EP 227
Assertion Not checkable as stated
Italist grew 14x with 90% quarter-over-quarter growth
“A 90% growth quarter over quarter. So we basically grow for teen times.”
Diego Abba Apr 6, 2016 ▶ 19:55 Italian Fashion Brand Doing $12m/Year In Transaction Volume EP 227
Assertion Supported
Italist has raised more than $1M in seed funding
“So we raised more than a million.”
Diego Abba Apr 6, 2016 ▶ 10:14 Italian Fashion Brand Doing $12m/Year In Transaction Volume EP 227
Disclosure
Affiliates drive roughly 30% of Italist's transaction volume
“I would say at this stage about 30%.”
Diego Abba Apr 6, 2016 ▶ 14:15 Italian Fashion Brand Doing $12m/Year In Transaction Volume EP 227
Assertion Not checkable as stated
Italist's average cart size is approximately $600
“No, no, no, the average card size is about 600 dollars.”
Diego Abba Apr 6, 2016 ▶ 14:48 Italian Fashion Brand Doing $12m/Year In Transaction Volume EP 227

The other half of the tape: Diego Abba's own voice is left out of every number here. Other people bring the name up 3 times in 2 episodes on Top Founders. every mention, with the transcript →

Who brings them up most Nathan Latka 3

Every mention by year

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Appearances (1)

EpisodeDateSpeaking time
Italian Fashion Brand Doing $12m/Year In Transaction Volume EP 227 Apr 6, 2016 13m
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