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Logan Burchett

1 appearance on the record.

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

13statements → 6claims → 2claims resolved → 4/5average certainty → 1.46/5average debate potential → ≈4.0/5argument clarity, estimated →

2 supported 0 partly supported 0 contradicted 1 not yet assessed 3 not checkable as stated how the 6 claims stand · each chip opens the sources

6 assertions · 1 insight · 6 disclosures · every statement was checked. The predictions and assertions are the 6 claims: statements the public record can support or contradict. 2 are resolved, 1 is not yet assessed, and 3 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 Logan 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
Burchett: Startup Pry Exited for $90 Million
“We of course know that Pry exited for ninety million.”
Logan Burchett Feb 2, 2023 ▶ 3:27 From $350k to $1.4m last 12 months, this forecasting tool hit 550 paying customers, $10m valuation

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 Logan Burchett on measured tape to publish a rate. This says nothing about how they speak.

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

Insight
Burchett: Pure self-serve financial modeling software fails seed-stage founders
“And we just knew that if you plop somebody and kind of like a deeper, like financial analysis software, they're going to fall flat on their face. It's kind of like a specialized business function. So having a seed stage founder jump in and just say, here's the…”
Logan Burchett Feb 2, 2023 ▶ 9:58 From $350k to $1.4m last 12 months, this forecasting tool hit 550 paying customers, $10m valuation
Assertion Supported
Burchett: Startup Pry Exited for $90 Million
“We of course know that Pry exited for ninety million.”
Logan Burchett Feb 2, 2023 ▶ 3:27 From $350k to $1.4m last 12 months, this forecasting tool hit 550 paying customers, $10m valuation
Assertion Not checkable as stated
Burchett: 98% of Financial Models Are Built in Excel
“98% of financial models are built in Excel.”
Logan Burchett Feb 2, 2023 ▶ 3:57 From $350k to $1.4m last 12 months, this forecasting tool hit 550 paying customers, $10m valuation
Disclosure
Forecaster only sells annual contracts paired with a dedicated financial analyst
“What we do instead was we only do annual contracts. We pair them up with a financial analyst, a finance expert, specifically for venture finance.”
Logan Burchett Feb 2, 2023 ▶ 10:14 From $350k to $1.4m last 12 months, this forecasting tool hit 550 paying customers, $10m valuation
Disclosure
Burchett: Forecaster targets $40M post-money valuation for Series A
“We're raising eight million dollars. So if you're trying to sell roughly, if you're trying to keep it in that 20%, that'd be a forty million dollar post. So that's kind of what we're hoping for.”
Logan Burchett Feb 2, 2023 ▶ 15:09 From $350k to $1.4m last 12 months, this forecasting tool hit 550 paying customers, $10m valuation
Disclosure
Forecaster.co Reaches 550 Customers and $1.4M in Revenue
“We've got about 550 customers right now doing about 1.4 million in revenue.”
Logan Burchett Feb 2, 2023 ▶ 4:09 From $350k to $1.4m last 12 months, this forecasting tool hit 550 paying customers, $10m valuation
Assertion Not checkable as stated
Forecaster ARR expanded from ~$360K to $1.4M in one year
“So we were, so 1.4 today, we were doing about just shy of 30,000 a monthly reoccurring revenue about a year ago. So like high twenties now we're at about one 20 a monthly reoccurring revenue.”
Logan Burchett Feb 2, 2023 ▶ 4:34 From $350k to $1.4m last 12 months, this forecasting tool hit 550 paying customers, $10m valuation
Disclosure
Burchett: Forecaster adopted expense-based pricing model inspired by Pry
“Here in November, we really started rolling out our variable pricing model, which similar to Pry, this is inspired by Pry, we're going to be pricing our annual contracts based off of the monthly expenses of the customer.”
Logan Burchett Feb 2, 2023 ▶ 5:27 From $350k to $1.4m last 12 months, this forecasting tool hit 550 paying customers, $10m valuation
Assertion Not checkable as stated
Burchett: Forecaster's top customer contract increased from $2K to $15K annually
“So like our highest paid customer right now pays us about 15,000 dollars per year. But prior to that, they were paying the highest paid customer paid us 2000 dollars per year.”
Logan Burchett Feb 2, 2023 ▶ 6:27 From $350k to $1.4m last 12 months, this forecasting tool hit 550 paying customers, $10m valuation
Assertion Not publicly verifiable
Burchett: Forecaster closed seed round at $10M post-money valuation
“It was at a ten million dollar post.”
Logan Burchett Feb 2, 2023 ▶ 14:53 From $350k to $1.4m last 12 months, this forecasting tool hit 550 paying customers, $10m valuation
Disclosure
Forecaster prices plans retroactively using three-month average customer expenses
“We do it retroactively. So we look at your like really like the average of the last Three months worth of expenses in order to try to like you know, deal with seasonality.”
Logan Burchett Feb 2, 2023 ▶ 8:53 From $350k to $1.4m last 12 months, this forecasting tool hit 550 paying customers, $10m valuation
Disclosure
Forecaster has 33 employees split evenly across growth, analysts, and engineering
“So we have 33 employees right now. So you can pretty much split it evenly between growth, financial analysts and development. Like that's really kind of like, it's almost like a third.”
Logan Burchett Feb 2, 2023 ▶ 9:33 From $350k to $1.4m last 12 months, this forecasting tool hit 550 paying customers, $10m valuation
Assertion Supported
Burchett: Forecaster raised $750k pre-seed and $2.5M seed round
“In the pre-seed we raised, we oversubscribed a 600,000 dollar round up to seven 50. At the seed round, we raised 200 2.5 million.”
Logan Burchett Feb 2, 2023 ▶ 14:11 From $350k to $1.4m last 12 months, this forecasting tool hit 550 paying customers, $10m valuation

Appearances (1)

EpisodeDateSpeaking time
From $350k to $1.4m last 12 months, this forecasting tool hit 550 paying customers, $10m v Feb 2, 2023 10m
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