Mitul Bid

1 appearance on the record.

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

8statements → 3claims → 2claims resolved → 4.38/5average certainty → 1.5/5average debate potential → ≈4.0/5argument clarity, estimated →

0 supported 0 partly supported 2 contradicted 1 not checkable as stated how the 3 claims stand · each chip opens the sources

3 assertions · 1 insight · 4 disclosures · every statement was checked. The predictions and assertions are the 3 claims: statements the public record can support or contradict. 2 are resolved, and 1 names 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 Mitul 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
Bid: Koditas crossed $10 million in annual revenue last year
“Last year we did a quarter of 10.”
Mitul Bid Apr 26, 2021 ▶ 4:23 Secret Dev Shop Top SaaS Founders Use Breaks $10m in Revenue

Expressed certainty vs assessment result

none yet certainty 1
none yet certainty 2
none yet certainty 3
0% certainty 4
0% 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 Mitul Bid on measured tape to publish a rate. This says nothing about how they speak.

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

Insight
Bid: Services firms struggle to scale when splitting focus with proprietary IP
“That's the biggest problem by a lot of software services companies are not able to, you know, scale well because they are always in two minds. They want to build their own IP. And they want to offer services. I saw it as a conflict of interest.”
Mitul Bid Apr 26, 2021 ▶ 4:42 Secret Dev Shop Top SaaS Founders Use Breaks $10m in Revenue
Assertion Contradicted
Bid: Koditas crossed $10 million in annual revenue last year
“Last year we did a quarter of 10.”
Mitul Bid Apr 26, 2021 ▶ 4:23 Secret Dev Shop Top SaaS Founders Use Breaks $10m in Revenue
Disclosure
Bid: Koditas owns zero intellectual property to avoid conflicts of interest
“We have zero IP even today. We have lots of things which are repeatable, reusable. We do not claim the IP. I just see it as a conflict of interest.”
Mitul Bid Apr 26, 2021 ▶ 5:02 Secret Dev Shop Top SaaS Founders Use Breaks $10m in Revenue
Disclosure
Bid: Koditas charges up to a year of billing for developer buyouts
“I wouldn't allow you to transfer them for the first one or two years, right? And after that, it will be relatively high. I typically would take a fairly minimum six to 10, one year of a billing kind of thing to execute that.”
Mitul Bid Apr 26, 2021 ▶ 15:16 Secret Dev Shop Top SaaS Founders Use Breaks $10m in Revenue
Assertion Contradicted
Bid: Koditas grew revenue to nearly $2M in 2015 and 50%+ annually
“It grew to almost two million. And then since then it has been growing on year on year, more than 50% or at least, you know, a quarter of 50% on average.”
Mitul Bid Apr 26, 2021 ▶ 4:05 Secret Dev Shop Top SaaS Founders Use Breaks $10m in Revenue
Disclosure
Bid: Koditas hourly rates range from $10 to over $50
“So it starts with literally 10 to 12 dollars an hour, two up to 50 plus dollars an hour, right?”
Mitul Bid Apr 26, 2021 ▶ 9:12 Secret Dev Shop Top SaaS Founders Use Breaks $10m in Revenue
Assertion Not checkable as stated
Bid: Koditas maintains 35 to 40 active clients, served over 150
“So last year, so we currently have around 35, 40 active clients, and that's the kind of size we've been maintaining. Over the lifetime, we would have served more than a 150 clients”
Mitul Bid Apr 26, 2021 ▶ 9:52 Secret Dev Shop Top SaaS Founders Use Breaks $10m in Revenue
Disclosure
Koditas launched with just $1,500 and required no further capital
“And that was because that was a paid up capital required. You know, you declare some money with the starting. So we put in, I don't think we can use that fully. And we've never had to follow more to the company.”
Mitul Bid Apr 26, 2021 ▶ 16:35 Secret Dev Shop Top SaaS Founders Use Breaks $10m in Revenue

Appearances (1)

EpisodeDateSpeaking time
Secret Dev Shop Top SaaS Founders Use Breaks $10m in Revenue Apr 26, 2021 10m
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