Mike Kimmel

Chief Financial Officer, KULR Technology Group · 1 appearance on the record.

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founderexecutiveauthorpricimetrics.com ↗

Dr. Mike Kimel holds a Ph.D. in economics from UCLA and founded Pricimetrics, developing pricing and profit-optimization SaaS software. He co-authored the book Presimetrics, led pricing analytics at several corporations, and serves as Chief Financial Officer of KULR Technology Group.

6statements → 1claims → 1claims resolved → 3.67/5average certainty → 1.5/5average debate potential →

0 supported 0 partly supported 1 contradicted how the 1 claim stands · each chip opens the sources

1 assertion · 1 insight · 4 disclosures · every statement was checked. The predictions and assertion are the 1 claim: statements the public record can support or contradict. 1 is resolved. 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 contradicted claim

Assertion Contradicted
Kimmel: Enterprise pricing software costs at least $150K to $200K annually
“You cannot get pricing software at less than, call it a 150,200 thousand dollars a year for an annual site license.”
Mike Kimmel Feb 14, 2023 ▶ 8:47 What happens when a PHD professor in analytics launches a SaaS company?

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

Disclosure
Kimmel: Only head coder receives cash; rest of team takes equity
“We have one person getting paid right now, and that's our head coder. We basically are bootstrapping right now, although we are looking to raise money. The rest of the team is working on equity.”
Mike Kimmel Feb 14, 2023 ▶ 3:20 What happens when a PHD professor in analytics launches a SaaS company?
Assertion Contradicted
Kimmel: Enterprise pricing software costs at least $150K to $200K annually
“You cannot get pricing software at less than, call it a 150,200 thousand dollars a year for an annual site license.”
Mike Kimmel Feb 14, 2023 ▶ 8:47 What happens when a PHD professor in analytics launches a SaaS company?
Insight
Kimmel: Businesses with under 50 SKUs do not need pricing software
“My guess is that probably if you've got less than 50 SKUs or so, or you do very little in the way of transactions, you probably don't need the product.”
Mike Kimmel Feb 14, 2023 ▶ 7:46 What happens when a PHD professor in analytics launches a SaaS company?
Disclosure
Kimmel: PriceSymmetrics aims to become the QuickBooks for pricing
“Our goal, when we look at it, our goal is to be something like a QuickBooks for pricing.”
Mike Kimmel Feb 14, 2023 ▶ 10:23 What happens when a PHD professor in analytics launches a SaaS company?
Disclosure
Kimmel: The PriceSymmetrics team has personally invested roughly $100,000
“I think about a hundred K give or take.”
Mike Kimmel Feb 14, 2023 ▶ 12:45 What happens when a PHD professor in analytics launches a SaaS company?
Disclosure
Kimmel: Entire PriceSymmetrics team except for him works part-time
“Everybody but me currently is part-time.”
Mike Kimmel Feb 14, 2023 ▶ 3:07 What happens when a PHD professor in analytics launches a SaaS company?

Appearances (1)

EpisodeDateSpeaking time
What happens when a PHD professor in analytics launches a SaaS company? Feb 14, 2023 9m
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