Johnny Reinsch

1 appearance on the record.

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

8statements → 5claims → 0claims resolved → 3.75/5average certainty → 1.38/5average debate potential →

5 not checkable as stated how the 5 claims stand · each chip opens the sources

1 prediction · 4 assertions · 1 opinion · 2 disclosures · every statement was checked. The prediction and assertions are the 5 claims: statements the public record can support or contradict. 0 are resolved, and 5 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 Johnny argues and how the claims held up. Everything they said, and everything said about them, is in the tabs below.

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 Johnny Reinsch on measured tape to publish a rate. This says nothing about how they speak.

Everything Johnny Reinsch 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
Qwil claims a zero percent default rate on freelancer payment advances
“Currently zero.”
Johnny Reinsch Dec 11, 2016 ▶ 10:32 EP 505: Qwil.co Pre-Pays Contractors/Freelancers $10M in 2016 with CEO Johnny Reinsch
Opinion
Reinsch: In-office colocation is always preferable to remote engineering teams
“Well it's always better to have in my opinion, you know, every, the team all in one place.”
Johnny Reinsch Dec 11, 2016 ▶ 19:28 EP 505: Qwil.co Pre-Pays Contractors/Freelancers $10M in 2016 with CEO Johnny Reinsch
Assertion Not checkable as stated
Qwil generated low seven-figure transaction volume in its first year
“I would say transaction volume is in low seven figures for the first year. That's a little misleading cause we haven't been live for that whole year. So that's actually transaction volume over the course of a few months.”
Johnny Reinsch Dec 11, 2016 ▶ 4:26 EP 505: Qwil.co Pre-Pays Contractors/Freelancers $10M in 2016 with CEO Johnny Reinsch
Prediction Not checkable as stated
Qwil predicts eight-figure transaction volume by the end of 2016
“We should be pushing you know, eight figures, I would imagine.”
Johnny Reinsch Dec 11, 2016 ▶ 7:21 EP 505: Qwil.co Pre-Pays Contractors/Freelancers $10M in 2016 with CEO Johnny Reinsch
Assertion Not checkable as stated
Between 25% and 50% of users accept Qwil's payment advances
“We find that somewhere between 25 to 50% of the advances that are offered or taken for various reasons.”
Johnny Reinsch Dec 11, 2016 ▶ 9:01 EP 505: Qwil.co Pre-Pays Contractors/Freelancers $10M in 2016 with CEO Johnny Reinsch
Disclosure
Qwil uses instant credit underwriting instead of rejecting users upfront
“We actually don't turn anyone away. It's more of if we're able to make some of the earnings available in advance or not. And that, that all happens actually on the spot using our credit underwriting algorithm.”
Johnny Reinsch Dec 11, 2016 ▶ 10:54 EP 505: Qwil.co Pre-Pays Contractors/Freelancers $10M in 2016 with CEO Johnny Reinsch
Assertion Not checkable as stated
Qwil serves thousands of contractors across tens of paying platforms
“We're in the thousands on contractors. And we work with tens, not quite hundreds, but of companies and platforms that are sort of paying out these independent contractors.”
Johnny Reinsch Dec 11, 2016 ▶ 14:09 EP 505: Qwil.co Pre-Pays Contractors/Freelancers $10M in 2016 with CEO Johnny Reinsch
Disclosure
Qwil charges flat fees competitive with Visa and Mastercard rates
“We make earnings available for them as soon as they've completed their work, and we do it at a very, very low price point. A flat fee that is typically competitive with even though the charges that Visa or MasterCard would charge for processing a payment over …”
Johnny Reinsch Dec 11, 2016 ▶ 3:16 EP 505: Qwil.co Pre-Pays Contractors/Freelancers $10M in 2016 with CEO Johnny Reinsch

Appearances (1)

EpisodeDateSpeaking time
EP 505: Qwil.co Pre-Pays Contractors/Freelancers $10M in 2016 with CEO Johnny Reinsch Dec 11, 2016 8m
Made with StarZero

Turn any episode into a week of clips.

This entire site, over 2,600 episodes transcribed, diarized, checked and made playable, runs on the StarZero media pipeline. Drop in your own episode and the podcast clipper finds the moments worth sharing, cuts them, captions them, and reframes them for every feed.