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May Alkaruni

Founder & CEO, Globechain · 1 appearance on the record.

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founderexecutive

May Alkaruni is the founder and CEO of Globechain, an ESG data-driven reuse marketplace. She previously worked in investment banking fundraising before launching the circular economy platform.

12statements → 7claims → 0claims resolved → 4/5average certainty → 1.08/5average debate potential →

7 not checkable as stated how the 7 claims stand · each chip opens the sources

7 assertions · 5 disclosures · every statement was checked. The predictions and assertions are the 7 claims: statements the public record can support or contradict. 0 are resolved, 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 May 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 May Alkaruni on measured tape to publish a rate. This says nothing about how they speak.

Everything May Alkaruni 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
Globechain spends just £600 to acquire a $50,000 annual enterprise client
“It actually costs our business development people around 600 pounds to bring on board that client.”
May Alkaruni Jan 12, 2021 ▶ 15:01 GlobeChain Lists Waste Products, Does $1.6m in ARR in SaaS Enabled Marketplace Model
Disclosure
Globechain charges enterprise clients between £500 and £2,000 per location
“It ranges depending on the sector, because we work in retail, commercial, and hospitality, construction, and anything from 500 pounds to 2000 pounds per location. And we work, obviously, on volumes of locations to do with stores, restaurants, hotels, and so on…”
May Alkaruni Jan 12, 2021 ▶ 2:29 GlobeChain Lists Waste Products, Does $1.6m in ARR in SaaS Enabled Marketplace Model
Disclosure
Globechain piloted for free across 60 Topshop stores to validate reuse
“So initially it was we did it for free for them the first year because this is a new model, remember? So no one had ever come across like a reuse platform where we give items for free and we generate ESG data as the value of the software, if you like. And so w…”
May Alkaruni Jan 12, 2021 ▶ 5:02 GlobeChain Lists Waste Products, Does $1.6m in ARR in SaaS Enabled Marketplace Model
Assertion Not checkable as stated
Globechain claims 34 UK enterprise customers and 10,000 taker members
“We have around 34 customers in the UK. We've got 10,000 members. So they're the taking members the people that take the items and we're in UK, Spain. We actually just launched in New York last month. Just before Christmas. And we're in the UAE. We have a partn…”
May Alkaruni Jan 12, 2021 ▶ 6:49 GlobeChain Lists Waste Products, Does $1.6m in ARR in SaaS Enabled Marketplace Model
Disclosure
Globechain has operated on a $750,000 seed round since late 2018
“I only got VC funding late 2018 and we got 750,000 from VC and we've been running off that since actually.”
May Alkaruni Jan 12, 2021 ▶ 7:34 GlobeChain Lists Waste Products, Does $1.6m in ARR in SaaS Enabled Marketplace Model
Assertion Not checkable as stated
Globechain finished 2019 with $200,000 in revenue
“That was only 200,000 because I just got the money in the VC side and growing the team to around eight people.”
May Alkaruni Jan 12, 2021 ▶ 7:58 GlobeChain Lists Waste Products, Does $1.6m in ARR in SaaS Enabled Marketplace Model
Disclosure
Requiring recipients to pay for transport eliminated no-shows on Globechain
“So the taking member always pays for the transportation and delivery of the goods. And that way we have almost no shows turn up.”
May Alkaruni Jan 12, 2021 ▶ 9:32 GlobeChain Lists Waste Products, Does $1.6m in ARR in SaaS Enabled Marketplace Model
Assertion Not checkable as stated
Items listed on Globechain are typically requested in under 24 hours
“Things get requested literally in less than 24 hours and at the moment it's like 20 minutes.”
May Alkaruni Jan 12, 2021 ▶ 10:54 GlobeChain Lists Waste Products, Does $1.6m in ARR in SaaS Enabled Marketplace Model
Assertion Not checkable as stated
Globechain sees a 98% claim rate for corporate waste listings
“So 98% of the stuff does go. Straight away. The only thing that is more difficult to go is usually broken electricals, and that's an industry problem because most people recycle them.”
May Alkaruni Jan 12, 2021 ▶ 12:11 GlobeChain Lists Waste Products, Does $1.6m in ARR in SaaS Enabled Marketplace Model
Assertion Not checkable as stated
Globechain maintained 100% enterprise customer retention through 2020
“Actually it's based on the enterprise side. So how much they're paying and up to December, we've had a hundred percent retention, which has been really interesting.”
May Alkaruni Jan 12, 2021 ▶ 13:54 GlobeChain Lists Waste Products, Does $1.6m in ARR in SaaS Enabled Marketplace Model
Disclosure
May Alkaruni built Globechain's first MVP for just £800
“And I initially kept my job and put 800 pounds into a freelance developer and built my very first MVP and went to get out to market to see Who would take it on?”
May Alkaruni Jan 12, 2021 ▶ 4:19 GlobeChain Lists Waste Products, Does $1.6m in ARR in SaaS Enabled Marketplace Model
Assertion Not checkable as stated
Globechain typically charges clients around $50,000 per year
“And actually it works out around 50,000 per year per clients usually.”
May Alkaruni Jan 12, 2021 ▶ 6:21 GlobeChain Lists Waste Products, Does $1.6m in ARR in SaaS Enabled Marketplace Model

Appearances (1)

EpisodeDateSpeaking time
GlobeChain Lists Waste Products, Does $1.6m in ARR in SaaS Enabled Marketplace Model Jan 12, 2021 10m
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