Jacob Apple

Co-Founder and CEO, Binderr · 1 appearance on the record.

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

founderexecutivebinderr.com ↗

Jacob Appel is a Danish tech entrepreneur based in Malta who co-founded food delivery service Time to Eat and scaled the Bolt franchise across Malta, Cyprus, and Tunisia before selling the business. He subsequently founded Binderr, a platform focused on AML/KYC compliance, client onboarding, and corporate services marketplace solutions.

9statements → 4claims → 1claims resolved → 4/5average certainty → 1.11/5average debate potential →

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

1 prediction · 3 assertions · 5 disclosures · every statement was checked. The prediction and assertions are the 4 claims: statements the public record can support or contradict. 1 is resolved, 1 is not yet assessed, 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 Jacob 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
Jacob Apple operated Bolt franchises in Cyprus, Malta, and Tunisia before buyout
“As fairly minimal, I would say we, I was running three fairly small countries, Cyprus, Malta, and Tunisia. And it was bought themselves that acquired our business back.”
Jacob Apple Oct 9, 2023 ▶ 3:19 He's Spent $2m to Build a Better Quickbooks, Can he hit $1m ARR by Dec?

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 Jacob Apple on measured tape to publish a rate. This says nothing about how they speak.

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

Prediction Not checkable as stated
Apple: Binder expects average customer spending to reach €2,000-€3,000 monthly
“So we would expect our average customer to pay us two to 3000 euros a month when we get deep enough with our penetration.”
Jacob Apple Oct 9, 2023 ▶ 9:10 He's Spent $2m to Build a Better Quickbooks, Can he hit $1m ARR by Dec?
Disclosure
Jacob Apple personally invested $2.5M to $2.7M into Binder
“Yes, slightly more, two and a half, 2.7.”
Jacob Apple Oct 9, 2023 ▶ 13:06 He's Spent $2m to Build a Better Quickbooks, Can he hit $1m ARR by Dec?
Assertion Not publicly verifiable
Jacob Apple: Regional Bolt franchise revenue exceeded $1 million annually
“Above a million is definitely not saying too much.”
Jacob Apple Oct 9, 2023 ▶ 4:38 He's Spent $2m to Build a Better Quickbooks, Can he hit $1m ARR by Dec?
Disclosure
Jacob Apple: Majority of Bolt franchise buyout was paid upfront
“By far the majority was paid right away. And then there was like a percentage allocated to make sure that the whole operation that they were taking over was running smoothly.”
Jacob Apple Oct 9, 2023 ▶ 4:57 He's Spent $2m to Build a Better Quickbooks, Can he hit $1m ARR by Dec?
Assertion Not checkable as stated
Apple: Binder customers currently pay an average of €500 monthly
“Today, they're paying us about 500 euros a month.”
Jacob Apple Oct 9, 2023 ▶ 8:39 He's Spent $2m to Build a Better Quickbooks, Can he hit $1m ARR by Dec?
Disclosure
Jacob Apple: Binder spends €100k monthly with 18-person team
“And we're spending about a 100,000 euros a month. It's a theme of 18, mainly developers.”
Jacob Apple Oct 9, 2023 ▶ 12:45 He's Spent $2m to Build a Better Quickbooks, Can he hit $1m ARR by Dec?
Assertion Supported
Jacob Apple operated Bolt franchises in Cyprus, Malta, and Tunisia before buyout
“As fairly minimal, I would say we, I was running three fairly small countries, Cyprus, Malta, and Tunisia. And it was bought themselves that acquired our business back.”
Jacob Apple Oct 9, 2023 ▶ 3:19 He's Spent $2m to Build a Better Quickbooks, Can he hit $1m ARR by Dec?
Disclosure
Jacob Apple: Binder spent two years building an accounting app before pivoting
“We spent two years actually building an accounting app to then realize that maybe there was a better opportunity in specifically focusing on this niche when it comes to corporate service providers.”
Jacob Apple Oct 9, 2023 ▶ 6:15 He's Spent $2m to Build a Better Quickbooks, Can he hit $1m ARR by Dec?
Disclosure
Jacob Apple: Binder team owns 10% and co-founders hold 15%
“No, our team owns about 10%, my co-founders own about 15%, and then I have my old partners from the other business that we exited, who also Put some of their money into, to binders, so they also own a piece.”
Jacob Apple Oct 9, 2023 ▶ 11:33 He's Spent $2m to Build a Better Quickbooks, Can he hit $1m ARR by Dec?

Appearances (1)

EpisodeDateSpeaking time
He's Spent $2m to Build a Better Quickbooks, Can he hit $1m ARR by Dec? Oct 9, 2023 8m
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