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Dr. Iman Furutan

Founder & CEO, Contest Factory · 1 appearance on the record.

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founderexecutiveengineerotherLinkedIn ↗contestfactory.com ↗

Dr. Iman Foroutan is an entrepreneur and technologist best known for founding Contest Factory, an enterprise gamification and interactive contest software provider. In addition to running digital media ventures like Invitation Records, he leads Iranian-American pro-democracy initiatives including The New Iran and SOS Iran.

11statements → 4claims → 2claims resolved → 3.82/5average certainty → 1.18/5average debate potential →

2 supported 0 partly supported 0 contradicted 2 not checkable as stated how the 4 claims stand · each chip opens the sources

1 prediction · 3 assertions · 7 disclosures · every statement was checked. The prediction and assertions are the 4 claims: statements the public record can support or contradict. 2 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 Dr. 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
Furutan: Contest Factory owns patents for online contests and voting
“And in fact we, as you mentioned, we own the patents on online contests and voting.”
Dr. Iman Furutan Jul 2, 2018 ▶ 3:13 1073 Are 5 Companies at Once Too Many?

Expressed certainty vs assessment result

none yet certainty 1
none yet certainty 2
none yet certainty 3
100% certainty 4
100% 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 Dr. Iman Furutan on measured tape to publish a rate. This says nothing about how they speak.

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

Assertion Supported
Furutan: Contest Factory owns patents for online contests and voting
“And in fact we, as you mentioned, we own the patents on online contests and voting.”
Dr. Iman Furutan Jul 2, 2018 ▶ 3:13 1073 Are 5 Companies at Once Too Many?
Assertion Supported
Furutan: Partner Russ Regan signed Elton John, Barry White, and Neil Diamond
“My partner is Ross Regan. He's the one who actually signed Elton John and Olivia Newton John and Barry White and Neil Diamond.”
Dr. Iman Furutan Jul 2, 2018 ▶ 2:06 1073 Are 5 Companies at Once Too Many?
Disclosure
Furutan: Contest Factory is entirely bootstrapped and has never raised capital
“It's all bootstrap. I've had the company for many years and never raised any money, even though now I'm being approached by all kinds of investors.”
Dr. Iman Furutan Jul 2, 2018 ▶ 6:24 1073 Are 5 Companies at Once Too Many?
Disclosure
Furutan: Contest Factory custom campaigns average $20,000 in price
“The, it starts as a minimum of about eight grand, and it goes all the way to, you know, to 60 or 70. The average would probably be about 20 grand.”
Dr. Iman Furutan Jul 2, 2018 ▶ 7:54 1073 Are 5 Companies at Once Too Many?
Disclosure
Furutan: Contest Factory revenue grew about 50% over the past year
“Oh, but about 50%.”
Dr. Iman Furutan Jul 2, 2018 ▶ 12:32 1073 Are 5 Companies at Once Too Many?
Prediction Not checkable as stated
Furutan: Contest Factory will do over $2M in revenue in 2018
“We're looking to do over two million, we believe in, in 2018.”
Dr. Iman Furutan Jul 2, 2018 ▶ 12:48 1073 Are 5 Companies at Once Too Many?
Assertion Not checkable as stated
Furutan: Company software targets TV ads to 44,000 U.S. zip codes
“We have special software written to actually target any one of the 44,000 zip codes in the United States for TV ads at a fraction of the cost on any channel that you want.”
Dr. Iman Furutan Jul 2, 2018 ▶ 13:21 1073 Are 5 Companies at Once Too Many?
Disclosure
Furutan: Other business profits absorb Contest Factory's operating losses
“And Contest Factory, since it's my baby, and that's the one I started 17 years ago, I keep at it, so and that's why I've been able to actually absorb some of the losses, because the other sides make up for it.”
Dr. Iman Furutan Jul 2, 2018 ▶ 13:38 1073 Are 5 Companies at Once Too Many?
Disclosure
Furutan: Contest Factory revenue is 70% custom campaigns and 30% SaaS
“As of right now, I would say probably about 70% was custom, 30% SaaS, because we really haven't put a big push behind the SaaS.”
Dr. Iman Furutan Jul 2, 2018 ▶ 4:50 1073 Are 5 Companies at Once Too Many?
Disclosure
Furutan: Contest Factory SaaS averages $49 to $50 monthly
“Average will be about probably 50 bucks or 49 bucks but our top tier right now is 900 dollars, which actually comes with all the official rules, legally compliant rules, which is a piece that most people miss.”
Dr. Iman Furutan Jul 2, 2018 ▶ 5:23 1073 Are 5 Companies at Once Too Many?
Disclosure
Furutan: Contest Factory is cashflow positive on agency work, not SaaS
“On the SaaS part, no, but on the other side, yes.”
Dr. Iman Furutan Jul 2, 2018 ▶ 11:21 1073 Are 5 Companies at Once Too Many?

Appearances (1)

EpisodeDateSpeaking time
1073 Are 5 Companies at Once Too Many? Jul 2, 2018 8m
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