Madhavi Shankar

1 appearance on the record.

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

10statements → 8claims → 0claims resolved → 3.9/5average certainty → 1/5average debate potential →

1 not yet assessed 7 not checkable as stated how the 8 claims stand · each chip opens the sources

8 assertions · 2 disclosures · every statement was checked. The predictions and assertions are the 8 claims: statements the public record can support or contradict. 0 are resolved, 1 is not yet assessed, and 7 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 Madhavi 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 Madhavi Shankar on measured tape to publish a rate. This says nothing about how they speak.

What they said10 Episodes1

Everything Madhavi Shankar 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

SpaceBasic serves 65 to 70 universities and 160,000 total users

“So, you know, at the moment, we work with about 65, 70 universities, about a 150, 60,000 users in total.”

Madhavi Shankar Dec 8, 2021 ▶ 2:39 India Based SaaS hits $20k MRR, Growing Fast with 160k Users

Assertion Not checkable as stated

SpaceBasic has 55,000 to 60,000 paying student users on platform

“We charge per student per year. Though we have different users using it at the moment, we just charge the students and we're, we are about around 55 to 60,000 students on the platform.”

Madhavi Shankar Dec 8, 2021 ▶ 3:34 India Based SaaS hits $20k MRR, Growing Fast with 160k Users

Assertion Not checkable as stated

SpaceBasic Hit Cash Flow Breakeven in 2020 Before Angel Round

“In 2020, we were cash flow breakeven and we raised you know our first round of funding you know, a more of a angel round this year in May.”

Madhavi Shankar Dec 8, 2021 ▶ 5:35 India Based SaaS hits $20k MRR, Growing Fast with 160k Users

Assertion Not checkable as stated

SpaceBasic grew new customer acquisition by 35% year-over-year

“We have grown about 35% in terms of new customer acquisition.”

Madhavi Shankar Dec 8, 2021 ▶ 10:11 India Based SaaS hits $20k MRR, Growing Fast with 160k Users

Disclosure

SpaceBasic sold only 5% to 6% equity in its initial angel round

“No, we were not. We were more we were less than we were around five, six percent or less than that.”

Madhavi Shankar Dec 8, 2021 ▶ 12:48 India Based SaaS hits $20k MRR, Growing Fast with 160k Users

Disclosure

SpaceBasic aims to raise around $1 million in next funding round

“You know, we're still yet to finalize on the math, but I'm thinking maybe a million or so is what we're looking to raise.”

Madhavi Shankar Dec 8, 2021 ▶ 13:59 India Based SaaS hits $20k MRR, Growing Fast with 160k Users

Assertion Not checkable as stated

SpaceBasic charges Indian universities $4 to $9 per student annually

“We charge between four to nine dollars per student per year, since it's still you know, that's the basic version, but like when we add the AI aspect of it kind of customizes. There's an enterprise pricing available as well, but that's the, you know, average ba…”

Madhavi Shankar Dec 8, 2021 ▶ 2:12 India Based SaaS hits $20k MRR, Growing Fast with 160k Users

Assertion Not publicly verifiable

SpaceBasic Raised Between $250K and $500K in Initial Angel Round

“We're talking between 250 K to half a million dollars.”

Madhavi Shankar Dec 8, 2021 ▶ 6:17 India Based SaaS hits $20k MRR, Growing Fast with 160k Users

Assertion Not checkable as stated

SpaceBasic Operates With 15 Full-Time Employees and 21 Total Staff

“Today we're about 15 on and off. That's our total team size. But if we take in our advisors and all of our, you know, consultants, we're a team of about 21 people.”

Madhavi Shankar Dec 8, 2021 ▶ 7:25 India Based SaaS hits $20k MRR, Growing Fast with 160k Users

Assertion Not checkable as stated

SpaceBasic: Average University Client Has 800 to 1,200 Students

“Every university has an average ticket size of about 800 to a 1200 students. That's an average size.”

Madhavi Shankar Dec 8, 2021 ▶ 9:31 India Based SaaS hits $20k MRR, Growing Fast with 160k Users

Appearances (1)

Episode	Date	Speaking time
India Based SaaS hits $20k MRR, Growing Fast with 160k Users	Dec 8, 2021	8m

Madhavi Shankar

The record, in short

How they sound: not measured why? →

Appearances (1)

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