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Nevin Shetty

1 appearance on the record.

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

14statements → 7claims → 2claims resolved → 3.86/5average certainty → 1.29/5average debate potential → 2said about them ↓

0 supported 1 partly supported 1 contradicted 5 not checkable as stated how the 7 claims stand · each chip opens the sources

1 prediction · 6 assertions · 1 opinion · 2 insights · 4 disclosures · every statement was checked. The prediction and assertions are the 7 claims: statements the public record can support or contradict. 2 are resolved, and 5 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 Nevin 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
Shetty: 85% of Wedding Registrants Use Three Retailers
“So the 85% of people who have a wedding registry have three retailers.”
Nevin Shetty Apr 6, 2017 ▶ 2:54 EP 621:BluePrintRegistry Raises $1.7M, Passes 2500 Postings and $10M in Transaction Volume with CEO Nevin Shetty

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

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

Insight
Shetty: Registries cannot charge consumer subscriptions without major differentiation
“Cause if you look at the marketplace, it's always free. So if you know, you can't have a paid subscription unless you're doing something very, very different.”
Nevin Shetty Apr 6, 2017 ▶ 10:12 EP 621:BluePrintRegistry Raises $1.7M, Passes 2500 Postings and $10M in Transaction Volume with CEO Nevin Shetty
Assertion Partly supported
Blueprint Registry charges a 2.5% credit card fee on cash gifts
“And we have the lowest fees on the web anywhere for credit card processing. So for only cash gifts, it's a 2.5% credit card transaction fee. So every single website charges this. GoFundMe charges this. Kickstarter charges this. Zola charges us. Everyone charge…”
Nevin Shetty Apr 6, 2017 ▶ 11:42 EP 621:BluePrintRegistry Raises $1.7M, Passes 2500 Postings and $10M in Transaction Volume with CEO Nevin Shetty
Assertion Not checkable as stated
Blueprint Registry generated over $4 million in sales in 2015
“In 2015, we did over four million in sales.”
Nevin Shetty Apr 6, 2017 ▶ 5:57 EP 621:BluePrintRegistry Raises $1.7M, Passes 2500 Postings and $10M in Transaction Volume with CEO Nevin Shetty
Assertion Not checkable as stated
Blueprint Registry reached over $6 million in sales in 2016
“This past year in 2016 we did a little over six million in sales.”
Nevin Shetty Apr 6, 2017 ▶ 6:01 EP 621:BluePrintRegistry Raises $1.7M, Passes 2500 Postings and $10M in Transaction Volume with CEO Nevin Shetty
Assertion Not checkable as stated
Shetty: Blueprint Registry's retail take rate is 5% to 15%
“I mean, it depends on the retailer, but it ranges anywhere from five percent to 15%.”
Nevin Shetty Apr 6, 2017 ▶ 7:05 EP 621:BluePrintRegistry Raises $1.7M, Passes 2500 Postings and $10M in Transaction Volume with CEO Nevin Shetty
Assertion Not checkable as stated
Shetty: Blueprint Registry generated $10M in sales with four employees
“We did around ten million in sales with only four people, full-time employees.”
Nevin Shetty Apr 6, 2017 ▶ 7:29 EP 621:BluePrintRegistry Raises $1.7M, Passes 2500 Postings and $10M in Transaction Volume with CEO Nevin Shetty
Disclosure
Shetty: Blueprint Registry closed a $1M seed funding round
“We've raised a million, we just closed a million dollar seed round investments.”
Nevin Shetty Apr 6, 2017 ▶ 7:46 EP 621:BluePrintRegistry Raises $1.7M, Passes 2500 Postings and $10M in Transaction Volume with CEO Nevin Shetty
Insight
Shetty notes most e-commerce company valuations are based on gross sales
“For most e-commerce companies, it is based on gross.”
Nevin Shetty Apr 6, 2017 ▶ 8:48 EP 621:BluePrintRegistry Raises $1.7M, Passes 2500 Postings and $10M in Transaction Volume with CEO Nevin Shetty
Prediction Not checkable as stated
Blueprint Registry projects reaching $10M to $20M in 2017 transaction volume
“I mean, right now, we could hit anywhere from 10 to 12, but if certain things hit right, we could hit 15 to 20.”
Nevin Shetty Apr 6, 2017 ▶ 9:01 EP 621:BluePrintRegistry Raises $1.7M, Passes 2500 Postings and $10M in Transaction Volume with CEO Nevin Shetty
Opinion
Shetty argues the wedding registry market is stagnant and dominated by three players
“Cause if you look at the wedding registry market, it's a stagnant market dominated by, you know, three big box retailers and hasn't changed a lot.”
Nevin Shetty Apr 6, 2017 ▶ 11:24 EP 621:BluePrintRegistry Raises $1.7M, Passes 2500 Postings and $10M in Transaction Volume with CEO Nevin Shetty
Disclosure
Blueprint Registry generates revenue exclusively through retailer commissions
“It's all commission based. So we drive sales to retailers and they give us a commission cut when we sell goods.”
Nevin Shetty Apr 6, 2017 ▶ 2:23 EP 621:BluePrintRegistry Raises $1.7M, Passes 2500 Postings and $10M in Transaction Volume with CEO Nevin Shetty
Assertion Contradicted
Shetty: 85% of Wedding Registrants Use Three Retailers
“So the 85% of people who have a wedding registry have three retailers.”
Nevin Shetty Apr 6, 2017 ▶ 2:54 EP 621:BluePrintRegistry Raises $1.7M, Passes 2500 Postings and $10M in Transaction Volume with CEO Nevin Shetty
Disclosure
Blueprint Registry co-founders intentionally did not split equity evenly
“So, I mean, people would say, you know it's not an even split. But, you know, I think what we both want to make sure is we both feel that we have vested interest and we're both owners in the business.”
Nevin Shetty Apr 6, 2017 ▶ 5:03 EP 621:BluePrintRegistry Raises $1.7M, Passes 2500 Postings and $10M in Transaction Volume with CEO Nevin Shetty
Disclosure
Blueprint Registry raised a $700,000 friends and family round
“So we raised a friends and family around, raised a little over 700,000 dollars, and then expanded the platform.”
Nevin Shetty Apr 6, 2017 ▶ 5:52 EP 621:BluePrintRegistry Raises $1.7M, Passes 2500 Postings and $10M in Transaction Volume with CEO Nevin Shetty

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

Who brings them up most Nathan Latka 2

Every mention by year

tap a year for its mentions
0011222017episodesmentions
0122017episodes it came up in
000.51122017episodesmentions per episode
2017 2 mentions in 2 episodes 1 per episode

Appearances (1)

EpisodeDateSpeaking time
EP 621:BluePrintRegistry Raises $1.7M, Passes 2500 Postings and $10M in Transaction Volume Apr 6, 2017 7m
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