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Mike Doherty

Co-founder & CEO, Remix AI · 1 appearance on the record.

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

founderexecutive@doughertym ↗LinkedIn ↗github.com/msdhome1 ↗

He co-founded and led Jelli, a cloud platform for automated and programmatic audio advertising, from inception through its acquisition by iHeartMedia in 2018. An inventor named on multiple technology patents, he later co-founded Web3 startup The Easy Company and generative AI social platform Remix AI.

12statements → 12claims → 4claims resolved → 100%fully supported → 3.67/5average certainty → 1.25/5average debate potential → ≈4.0/5argument clarity, estimated →

4 supported 0 partly supported 0 contradicted 8 not checkable as stated how the 12 claims stand · each chip opens the sources

12 assertions · every statement was checked. The predictions and assertions are the 12 claims: statements the public record can support or contradict. 4 are resolved, and 8 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 Mike 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
iHeart controls approximately 30% of the US national advertising market
“Not only were they a big source of their big customer, but they attracted the rest of the market. So a fear of missing out concept when you have someone who represents about 30% market share in the U.S. Of national advertising.”
Mike Doherty Jun 18, 2018 ▶ 11:33 1059 $100m In Audio Ad Spend Goes Through Our Platform

Expressed certainty vs assessment result

none yet certainty 1
none yet certainty 2
100% certainty 3
100% certainty 4
none yet 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 Mike Doherty on measured tape to publish a rate. This says nothing about how they speak.

Everything Mike Doherty 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
Jelly's platform addresses 65% of all US radio listener share
“If you look at listener share, we probably had about 65% listener share right now of all listening of radio that you can essentially address if you want to buy an ad”
Mike Doherty Jun 18, 2018 ▶ 8:43 1059 $100m In Audio Ad Spend Goes Through Our Platform
Assertion Not checkable as stated
Jelly achieved 400% year-over-year revenue growth in 2017
“400% growth year over year.”
Mike Doherty Jun 18, 2018 ▶ 10:42 1059 $100m In Audio Ad Spend Goes Through Our Platform
Assertion Supported
iHeart controls approximately 30% of the US national advertising market
“Not only were they a big source of their big customer, but they attracted the rest of the market. So a fear of missing out concept when you have someone who represents about 30% market share in the U.S. Of national advertising.”
Mike Doherty Jun 18, 2018 ▶ 11:33 1059 $100m In Audio Ad Spend Goes Through Our Platform
Assertion Supported
iHeartMedia models broadcast radio demographics using its mobile app data
“One of our partners, I heart media with I heart radio has an app where they can learn a lot about the audience. They take that mobile app and take the data from that and use that as a way of projecting onto a radio station guesses as to who the people are that…”
Mike Doherty Jun 18, 2018 ▶ 17:00 1059 $100m In Audio Ad Spend Goes Through Our Platform
Assertion Supported
Broadcast radio captures 80% of all US audio advertising spend
“The reason why we started there was that's where like basically eight out of 10 dollars of all audio advertising was sitting.”
Mike Doherty Jun 18, 2018 ▶ 4:02 1059 $100m In Audio Ad Spend Goes Through Our Platform
Assertion Not checkable as stated
Jelly processes approximately $100 million in ad spend through its platform
“We're processing about a hundred million dollars of spend to the platform right now”
Mike Doherty Jun 18, 2018 ▶ 4:47 1059 $100m In Audio Ad Spend Goes Through Our Platform
Assertion Not checkable as stated
Jelly generates $1M in monthly recurring software revenue across 2,300 stations
“We generate currently about a million dollars a month from 2300 radio stations and recurring software.”
Mike Doherty Jun 18, 2018 ▶ 5:37 1059 $100m In Audio Ad Spend Goes Through Our Platform
Assertion Not checkable as stated
Advertisers using Jelly can reach 250 million people monthly
“You log into Jelly. You're looking to buy some ads. You can reach two hundred fifty million people a month through our partners.”
Mike Doherty Jun 18, 2018 ▶ 8:17 1059 $100m In Audio Ad Spend Goes Through Our Platform
Assertion Not checkable as stated
Jelly achieved 85% gross margins in the third quarter of 2018
“Well we did in Q three, 85% gross margins. That was up from 83%.”
Mike Doherty Jun 18, 2018 ▶ 11:07 1059 $100m In Audio Ad Spend Goes Through Our Platform
Assertion Supported
The US audio advertising market is worth roughly $18 billion
“I think that if you look at audio as a full category in the U S today, it's about eighteen billion.”
Mike Doherty Jun 18, 2018 ▶ 12:30 1059 $100m In Audio Ad Spend Goes Through Our Platform
Assertion Not checkable as stated
Jelly maintains under 5% annual logo and revenue churn
“Like under, under, under five percent.”
Mike Doherty Jun 18, 2018 ▶ 19:01 1059 $100m In Audio Ad Spend Goes Through Our Platform
Assertion Not checkable as stated
Jelly's enterprise customer acquisition cost ranges from $50K to $100K
“So we typically look at an acquisition cost of a big deal of, let's say anywhere from 50 to a hundred K of just time and travel and all this other work you have to do to make sure that they get comfortable flipping over and using this platform as opposed to th…”
Mike Doherty Jun 18, 2018 ▶ 19:44 1059 $100m In Audio Ad Spend Goes Through Our Platform

Appearances (1)

EpisodeDateSpeaking time
1059 $100m In Audio Ad Spend Goes Through Our Platform Jun 18, 2018 11m
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