Phil Alexander

Founder & CEO, Nexus A.I. · 1 appearance on the record.

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founderexecutiveconceptdrop.com ↗

Phil Alexander founded ConceptDrop, an on-demand talent marketplace backed by 500 Startups that used algorithmic matching to connect enterprises with freelance designers and copywriters. He later spun out Nexus A.I., an artificial intelligence and behavioral science platform designed to optimize internal enterprise team assembly and workforce management.

10statements → 7claims → 1claims resolved → 4/5average certainty → 1.1/5average debate potential → 4said about them ↓

1 supported 0 partly supported 0 contradicted 6 not checkable as stated how the 7 claims stand · each chip opens the sources

7 assertions · 1 insight · 2 disclosures · every statement was checked. The predictions and assertions are the 7 claims: statements the public record can support or contradict. 1 is resolved, and 6 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 Phil 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
Alexander: Network Ventures led ConceptDrop's $1.1M seed round
“It's called network ventures. It was started by someone who was one of the early employees from the Pritzker group.”
Phil Alexander Aug 17, 2016 ▶ 7:24 EP 389: ConceptDrop Raises $1.1M, Helps You Get Creative Work Done Quick with Phil Alexander EP389

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

Everything Phil Alexander 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
Alexander: ConceptDrop closed a six-figure enterprise deal with Fortune 100 client
“We've kind of gone from selling those individual projects to closing Six figure contract with a fortune 100 company.”
Phil Alexander Aug 17, 2016 ▶ 10:11 EP 389: ConceptDrop Raises $1.1M, Helps You Get Creative Work Done Quick with Phil Alexander EP389
Insight
Alexander: Raising a Serious Seed Round Raises the Stakes for Early Exits
“The second you raise a serious seed round, it kind of changed the stakes for what's acceptable to everyone. And like, I made a commitment to the investors to get to a certain point. And I think Yeah. You kind of got to assume when you have these, you know, p…”
Phil Alexander Aug 17, 2016 ▶ 13:59 EP 389: ConceptDrop Raises $1.1M, Helps You Get Creative Work Done Quick with Phil Alexander EP389
Assertion Not checkable as stated
Alexander: ConceptDrop 8x'd monthly revenue in one year and raised $1.1M
“Well, I can tell you that we worked with over 300 companies and in one calendar year, year, year, we eight X star monthly revenue. We went from two employees to eight full time employees. And in the process, we recently closed out a 1.1 million dollar venture …”
Phil Alexander Aug 17, 2016 ▶ 5:22 EP 389: ConceptDrop Raises $1.1M, Helps You Get Creative Work Done Quick with Phil Alexander EP389
Disclosure
Alexander: ConceptDrop raised $1.1M round at $5M to $7M pre-money valuation
“Five to seven.”
Phil Alexander Aug 17, 2016 ▶ 6:14 EP 389: ConceptDrop Raises $1.1M, Helps You Get Creative Work Done Quick with Phil Alexander EP389
Assertion Not checkable as stated
Alexander: ConceptDrop operates with fewer than 100 vetted freelance suppliers
“So we actually are working with a pretty small group of suppliers less than 100.”
Phil Alexander Aug 17, 2016 ▶ 7:43 EP 389: ConceptDrop Raises $1.1M, Helps You Get Creative Work Done Quick with Phil Alexander EP389
Assertion Not checkable as stated
Alexander: ConceptDrop has a $500 AOV and pays freelancers 65%
“Our average, the average order value for us is about 500 dollars. So they're taking about 65% of that on average per project.”
Phil Alexander Aug 17, 2016 ▶ 8:10 EP 389: ConceptDrop Raises $1.1M, Helps You Get Creative Work Done Quick with Phil Alexander EP389
Assertion Not checkable as stated
Alexander: ConceptDrop 10xed monthly revenue in 2015 from $10K-$15K/month
“In back in early part of 2015, we hadn't launched a marketplace. We were, you know, doing, you know, not single digits in monthly revenue, but we were doing, you know, in the lower 10 to 15,000 per month, we basically 10 X that in a year.”
Phil Alexander Aug 17, 2016 ▶ 9:54 EP 389: ConceptDrop Raises $1.1M, Helps You Get Creative Work Done Quick with Phil Alexander EP389
Assertion Not checkable as stated
Alexander: ConceptDrop customers typically repurchase in 60 to 90 days
“Because of the kind of the nature of what we're doing, we typically see people come back in like 60 to 90 days, but that's been a big focus for us.”
Phil Alexander Aug 17, 2016 ▶ 11:04 EP 389: ConceptDrop Raises $1.1M, Helps You Get Creative Work Done Quick with Phil Alexander EP389
Disclosure
Alexander: ConceptDrop raised $250K convertible note before venture round
“We did do a convertible note. We had raised about a quarter million dollars on a convertible note prior to that round.”
Phil Alexander Aug 17, 2016 ▶ 5:47 EP 389: ConceptDrop Raises $1.1M, Helps You Get Creative Work Done Quick with Phil Alexander EP389
Assertion Supported
Alexander: Network Ventures led ConceptDrop's $1.1M seed round
“It's called network ventures. It was started by someone who was one of the early employees from the Pritzker group.”
Phil Alexander Aug 17, 2016 ▶ 7:24 EP 389: ConceptDrop Raises $1.1M, Helps You Get Creative Work Done Quick with Phil Alexander EP389

The other half of the tape: Phil Alexander'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

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0021422016episodesmentions
0122016episodes it came up in
0011222016episodesmentions per episode
2016 4 mentions in 2 episodes 2 per episode

Appearances (1)

EpisodeDateSpeaking time
EP 389: ConceptDrop Raises $1.1M, Helps You Get Creative Work Done Quick with Phil Alexand Aug 17, 2016 8m
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