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Mike Wilner

1 appearance on the record.

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

13statements → 8claims → 1claims resolved → 3.77/5average certainty → 1.46/5average debate potential → 4said about them ↓

1 supported 0 partly supported 0 contradicted 7 not checkable as stated how the 8 claims stand · each chip opens the sources

8 assertions · 2 insights · 3 disclosures · every statement was checked. The predictions and assertions are the 8 claims: statements the public record can support or contradict. 1 is 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 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
Wilner: 28 million US businesses have fewer than five employees
“There are twenty-eight million businesses in the U.S. With under five employees, and that's really our sweet spot, and there are, yeah, and so many people need websites.”
Mike Wilner Jul 11, 2016 ▶ 12:59 EP 352: Marketplace Takes 40% To Create High End Websites At Little Cost

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

Everything Mike Wilner 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
Wilner claims 98 percent of Wix users fail to finish building sites.
“98% of people that start building sites on Wix actually fail to complete them, which is a pretty they're a volume play, right?”
Mike Wilner Jul 11, 2016 ▶ 13:11 EP 352: Marketplace Takes 40% To Create High End Websites At Little Cost
Assertion Not checkable as stated
Compass takes a 40% cut on all marketplace transactions
“So we take a 40% cut on everything that comes through our marketplace.”
Mike Wilner Jul 11, 2016 ▶ 3:22 EP 352: Marketplace Takes 40% To Create High End Websites At Little Cost
Assertion Not checkable as stated
Wilner: Compass designers typically earn $40 to $60 per hour
“We typically see 40 to 60 dollars an hour, even for these price points that we have, because we're taking all of the client management overhead out of the equation for them.”
Mike Wilner Jul 11, 2016 ▶ 5:30 EP 352: Marketplace Takes 40% To Create High End Websites At Little Cost
Insight
Wilner argues managing human expectations is harder than building marketplace technology.
“The technology is actually the easier part. The really hard part is just managing humans and expectations and all of those softer things that go into making a marketplace like this work.”
Mike Wilner Jul 11, 2016 ▶ 11:02 EP 352: Marketplace Takes 40% To Create High End Websites At Little Cost
Assertion Not checkable as stated
Compass reported approximately 30 percent month-over-month revenue growth in 2016.
“So we've been growing like 30% month over month.”
Mike Wilner Jul 11, 2016 ▶ 9:39 EP 352: Marketplace Takes 40% To Create High End Websites At Little Cost
Insight
Wilner advises founders to study elite athletes rather than peak-success CEOs.
“I actually don't like following CEOs that much cause it just makes you feel bad usually cause the CEOs you follow are generally like at some peak of success. I like following athletes more and like thinking about their habits. So really looking at Steph Curry …”
Mike Wilner Jul 11, 2016 ▶ 15:54 EP 352: Marketplace Takes 40% To Create High End Websites At Little Cost
Assertion Not checkable as stated
Compass websites average just under $1,000 in cost
“So we set all the pricing, the average cost of a compass website is just under a thousand dollars.”
Mike Wilner Jul 11, 2016 ▶ 3:44 EP 352: Marketplace Takes 40% To Create High End Websites At Little Cost
Disclosure
Compass maintains a highly curated supply side of under 40 US designers.
“We don't have like a massive network of like hundreds of designers. We actually know all of them personally at this point. So we've got just under 40 all over the country.”
Mike Wilner Jul 11, 2016 ▶ 5:53 EP 352: Marketplace Takes 40% To Create High End Websites At Little Cost
Assertion Not checkable as stated
Compass generated approximately $40,000 in total revenue during 2015.
“Total 20 15 revenue that was Again, just doing some quick math. Revenue was around 40 grand.”
Mike Wilner Jul 11, 2016 ▶ 7:41 EP 352: Marketplace Takes 40% To Create High End Websites At Little Cost
Assertion Not checkable as stated
Wilner: Compass has processed around $250,000 in total transaction volume
“So that's around 250 grand.”
Mike Wilner Jul 11, 2016 ▶ 8:27 EP 352: Marketplace Takes 40% To Create High End Websites At Little Cost
Disclosure
Compass standardizes client content prep and caps projects at three revision rounds.
“We do things like we get all the content and do the whole content strategy for customers before they even meet a designer. So by the time they meet a designer, they have everything they need throughout the entire project. We also broker like very standardized …”
Mike Wilner Jul 11, 2016 ▶ 10:24 EP 352: Marketplace Takes 40% To Create High End Websites At Little Cost
Disclosure
Wilner: Compass raised a $300k angel round in late 2015
“So we raised a 300,000 dollar angel round late last year.”
Mike Wilner Jul 11, 2016 ▶ 12:15 EP 352: Marketplace Takes 40% To Create High End Websites At Little Cost
Assertion Supported
Wilner: 28 million US businesses have fewer than five employees
“There are twenty-eight million businesses in the U.S. With under five employees, and that's really our sweet spot, and there are, yeah, and so many people need websites.”
Mike Wilner Jul 11, 2016 ▶ 12:59 EP 352: Marketplace Takes 40% To Create High End Websites At Little Cost

The other half of the tape: Mike Wilner's own voice is left out of every number here. Other people bring the name up 4 times in 2 episodes on Top Founders. every mention, with the transcript →

Who brings them up most Nathan Latka 4

Every mention by year

tap a year for its mentions
0021422016episodesmentions
0122016episodes it came up in
0011222016episodesmentions per episode
2016 4 mentions in 2 episodes 2 per episode

Appearances (1)

EpisodeDateSpeaking time
EP 352: Marketplace Takes 40% To Create High End Websites At Little Cost Jul 11, 2016 8m
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