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Ivan Sabayev

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

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

founderexecutivecareerist.com ↗

Ivan Tsybaev is the founder of Trucker Path, a mobile navigation and load-matching platform for truck drivers acquired by Renren in 2017. He subsequently co-founded Careerist, an ed-fintech platform that trains and assists non-technical workers in transitioning into tech roles.

16statements → 9claims → 1claims resolved → 3.81/5average certainty → 1.06/5average debate potential → 1said about them ↓

1 supported 0 partly supported 0 contradicted 8 not checkable as stated how the 9 claims stand · each chip opens the sources

1 prediction · 8 assertions · 7 disclosures · every statement was checked. The prediction and assertions are the 9 claims: statements the public record can support or contradict. 1 is resolved, and 8 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 Ivan 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
Sabayev: Careerist raised around $10 million total from YC and investors
“So totally, we raised around ten million from Y Combinator and a few other investors.”
Ivan Sabayev Jun 7, 2023 ▶ 18:56 Rare! A YC company that profits $300k/mo, $25m revenue

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 Ivan Sabayev on measured tape to publish a rate. This says nothing about how they speak.

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

Disclosure
Sabayev acquired early users by posting from his wife's Facebook account
“So while marketing was for free we used the Facebook groups especially I like the women groups. So I couldn't post from my own account. So I took my wife's account and I started posting from her account on those groups and yeah, got a lot of interest.”
Ivan Sabayev Jun 7, 2023 ▶ 12:21 Rare! A YC company that profits $300k/mo, $25m revenue
Assertion Not checkable as stated
Careerist generates $300,000 to $500,000 in monthly net profit
“So we make around three, four, 500,000 dollars per month. Last month was 300,000 dollars.”
Ivan Sabayev Jun 7, 2023 ▶ 21:37 Rare! A YC company that profits $300k/mo, $25m revenue
Assertion Not checkable as stated
Trucker Path captured 800,000 of the 1.2 million US long-haul truckers
“So there are around like one point two million of them. And around 800,000 were our active users.”
Ivan Sabayev Jun 7, 2023 ▶ 2:56 Rare! A YC company that profits $300k/mo, $25m revenue
Assertion Not checkable as stated
Sabayev: Trucker Path peaked at around $5 million in annual revenue
“On the top, it was around like five million per year.”
Ivan Sabayev Jun 7, 2023 ▶ 3:31 Rare! A YC company that profits $300k/mo, $25m revenue
Disclosure
Sabayev admits Trucker Path's 2017 sale mostly just returned investor capital
“We don't disclose this but the deal wasn't very good. So basically the deal was mostly to return money to investors.”
Ivan Sabayev Jun 7, 2023 ▶ 6:51 Rare! A YC company that profits $300k/mo, $25m revenue
Disclosure
Sabayev: Careerist students are split 50-50 between upfront and deferred tuition
“Yeah, right now it's around fifty-fifty so we're becoming more aggressive on the deferred payment options so by balancing, like, the prices and making the terms better but right now it's, like, roughly the same.”
Ivan Sabayev Jun 7, 2023 ▶ 9:47 Rare! A YC company that profits $300k/mo, $25m revenue
Assertion Not checkable as stated
Careerist has reached around 6,000 total customers since 2019
“Ooh, since 2019 I think it's around 6000 customers right now.”
Ivan Sabayev Jun 7, 2023 ▶ 13:36 Rare! A YC company that profits $300k/mo, $25m revenue
Assertion Not checkable as stated
Careerist adds 500 new paying customers every month
“So we have 500 new paid customers every month now.”
Ivan Sabayev Jun 7, 2023 ▶ 13:45 Rare! A YC company that profits $300k/mo, $25m revenue
Assertion Not checkable as stated
Careerist affiliates refer an average of five customers each
“So an average number is five but we have some people who bring us like around like a hundred people.”
Ivan Sabayev Jun 7, 2023 ▶ 16:19 Rare! A YC company that profits $300k/mo, $25m revenue
Assertion Not checkable as stated
Sabayev: Careerist generated $12 million in cash revenue in 2022
“Last year was twelve million.”
Ivan Sabayev Jun 7, 2023 ▶ 18:16 Rare! A YC company that profits $300k/mo, $25m revenue
Assertion Supported
Sabayev: Careerist raised around $10 million total from YC and investors
“So totally, we raised around ten million from Y Combinator and a few other investors.”
Ivan Sabayev Jun 7, 2023 ▶ 18:56 Rare! A YC company that profits $300k/mo, $25m revenue
Prediction Not checkable as stated
Sabayev: Careerist targets $25 million in revenue for 2023
“This year we target 25.”
Ivan Sabayev Jun 7, 2023 ▶ 21:11 Rare! A YC company that profits $300k/mo, $25m revenue
Disclosure
Careerist leverages offshore talent, keeping only 20 of 300 employees US-based
“50 engineers, and well, what's good that most people are outside of the United States so we have only about, like, 20 people in the States, and everybody else is remote”
Ivan Sabayev Jun 7, 2023 ▶ 22:39 Rare! A YC company that profits $300k/mo, $25m revenue
Disclosure
Careerist spends around $500k per month on marketing
“No, we spent every month we spent around half a million on marketing.”
Ivan Sabayev Jun 7, 2023 ▶ 23:49 Rare! A YC company that profits $300k/mo, $25m revenue
Disclosure
Sabayev: Careerist charges an average of $4,000 upfront tuition
“On average 4000 dollars.”
Ivan Sabayev Jun 7, 2023 ▶ 9:38 Rare! A YC company that profits $300k/mo, $25m revenue
Disclosure
Sabayev: Ivan Sabayev holds majority equity among Careerist's three co-founders
“We have three co-founders. I I'm a majority shareholder, and then I have two other co-founders that have equity stock.”
Ivan Sabayev Jun 7, 2023 ▶ 11:54 Rare! A YC company that profits $300k/mo, $25m revenue

The other half of the tape: Ivan Sabayev's own voice is left out of every number here. 1 statement on the record names them. every mention, with the transcript →

Statements about Ivan Sabayev, by other people (1)

Assertion Partly supported
Careerist raised $8M Series A at $80M valuation in 2022
“Careerist today, he put in 50,000 dollars of his own money in a pre-seed round to raise 1.2 million seed at a twenty million post money valuation, and then closed at a series A in 2022, raising eight million on an eighty million post money valuation for a 6.6 …”
Nathan Latka Jun 7, 2023 ▶ 1:04 Rare! A YC company that profits $300k/mo, $25m revenue

Appearances (1)

EpisodeDateSpeaking time
Rare! A YC company that profits $300k/mo, $25m revenue Jun 7, 2023 14m
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