Eugene Johnson

Founder & CEO, Revi · 1 appearance on the record.

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Eugene Johnson is the founder and CEO of Revi, a digital ordering, point-of-sale, and customer engagement platform for physical retail and restaurants. Before scaling Revi, he worked as a sales executive at Cisco Meraki, launched multiple ventures, and authored the book The Mental Playbook.

12statements → 7claims → 1claims resolved → 3.75/5average certainty → 1.08/5average debate potential →

1 supported 0 partly supported 0 contradicted 6 not checkable as stated how the 7 claims stand · each chip opens the sources

7 assertions · 5 disclosures · every statement was checked. The predictions and assertions are the 7 claims: statements the public record can support or contradict. 1 is resolved, and 6 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 Eugene 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

Johnson: Revi has raised $4 million to date across pre-seed and seed rounds

“So we raised A pre-seed of about a million and then a seed round of about two million. What year? About four million dollars to date.”

Eugene Johnson Feb 6, 2022 ▶ 11:02 POS System Does $15m GMV, Biz Makes 1%, $1m+ Run Rate Serving 150 Customers

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 Eugene Johnson on measured tape to publish a rate. This says nothing about how they speak.

What they said12 Episodes1

Everything Eugene Johnson 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

Johnson: Revi hardware costs $500 and pays back in 3-4 months

“It costs us about 500 bucks to purchase all the hardware. We usually make our money back within, you know, three or four months.”

Eugene Johnson Feb 6, 2022 ▶ 3:38 POS System Does $15m GMV, Biz Makes 1%, $1m+ Run Rate Serving 150 Customers

Disclosure

Eugene Johnson: Revi grew GMV from $2M in 2019 to $15M in 2021

“So to put it in perspective, in 2019, we did two million dollars in GMV. In 2020, we did five. This year we're on track to do 15.”

Eugene Johnson Feb 6, 2022 ▶ 9:52 POS System Does $15m GMV, Biz Makes 1%, $1m+ Run Rate Serving 150 Customers

Disclosure

Johnson: Revi charges merchants a transaction fee of around 1%

“It depends on their volume, but it's usually around one percent.”

Eugene Johnson Feb 6, 2022 ▶ 3:19 POS System Does $15m GMV, Biz Makes 1%, $1m+ Run Rate Serving 150 Customers

Assertion Not checkable as stated

Johnson: Revi earns a sweet spot of $1,000 monthly per merchant

“I would say a thousand is a sweet spot, you know, that's probably where most people land.”

Eugene Johnson Feb 6, 2022 ▶ 5:52 POS System Does $15m GMV, Biz Makes 1%, $1m+ Run Rate Serving 150 Customers

Assertion Not checkable as stated

Johnson: Revi hit $1M+ ARR, growing 3x from $300K a year prior

“We've grown three X since the, since last year. So we were about 300,000 dollars a year in revenue a year ago.”

Eugene Johnson Feb 6, 2022 ▶ 7:51 POS System Does $15m GMV, Biz Makes 1%, $1m+ Run Rate Serving 150 Customers

Disclosure

Johnson: Revi grows Gross Merchandise Value by 10% to 15% month-over-month

“So, you know, basically we grow about 15, you know, 10 to 15% month over month.”

Eugene Johnson Feb 6, 2022 ▶ 9:44 POS System Does $15m GMV, Biz Makes 1%, $1m+ Run Rate Serving 150 Customers

Assertion Supported

Johnson: Revi has raised $4 million to date across pre-seed and seed rounds

“So we raised A pre-seed of about a million and then a seed round of about two million. What year? About four million dollars to date.”

Eugene Johnson Feb 6, 2022 ▶ 11:02 POS System Does $15m GMV, Biz Makes 1%, $1m+ Run Rate Serving 150 Customers

Assertion Not checkable as stated

Johnson: Personally owns 25% to 30% of Revi

“No, no, no. It's more in the 25, 30% range.”

Eugene Johnson Feb 6, 2022 ▶ 12:14 POS System Does $15m GMV, Biz Makes 1%, $1m+ Run Rate Serving 150 Customers

Assertion Not checkable as stated

Johnson: Revi monthly churn is sub-1% excluding COVID-driven restaurant closures

“Churn is only 2.8% since COVID and that includes businesses... Monthly... And that includes businesses that we lost to COVID. So if you take those businesses out, you know you know, those businesses who didn't survive COVID, You know, it's sub one percent.”

Eugene Johnson Feb 6, 2022 ▶ 13:29 POS System Does $15m GMV, Biz Makes 1%, $1m+ Run Rate Serving 150 Customers

Disclosure

Johnson: Revi uses POS data for automated customer marketing campaigns

“What we do is we facilitate transactions, but instead of just stopping at the facilitation of transactions, we leverage the data almost in an e-commerce style process to drive those customers back into this door to get them to spend more and essentially get cu…”

Eugene Johnson Feb 6, 2022 ▶ 1:07 POS System Does $15m GMV, Biz Makes 1%, $1m+ Run Rate Serving 150 Customers

Assertion Not checkable as stated

Johnson: Revi serves approximately 145 restaurants on its platform

“So we've got about a 145 restaurants on the platform today.”

Eugene Johnson Feb 6, 2022 ▶ 7:26 POS System Does $15m GMV, Biz Makes 1%, $1m+ Run Rate Serving 150 Customers

Disclosure

Johnson: Personally invested $250k of own capital into Revi

“I put in personally, I put in about a quarter million dollars and then we raised.”

Eugene Johnson Feb 6, 2022 ▶ 10:11 POS System Does $15m GMV, Biz Makes 1%, $1m+ Run Rate Serving 150 Customers

Appearances (1)

Episode	Date	Speaking time
POS System Does $15m GMV, Biz Makes 1%, $1m+ Run Rate Serving 150 Customers	Feb 6, 2022	8m

Eugene Johnson

The record, in short

Their most notable supported claim

How they sound: not measured why? →

Appearances (1)

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