Rishikesh Kale

Founder & CEO, Coditude · 1 appearance on the record.

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He is the founder and CEO of Coditude, formerly VSH Solutions, an IT and digital engineering firm. He also co-founded and served as chief technology officer of MailTag, an email tracking and sales follow-up automation tool.

11statements → 7claims → 0claims resolved → 3.91/5average certainty → 1.45/5average debate potential →

7 not checkable as stated how the 7 claims stand · each chip opens the sources

1 prediction · 6 assertions · 1 opinion · 3 disclosures · every statement was checked. The prediction and assertions are the 7 claims: statements the public record can support or contradict. 0 are 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.

What they said11 Episodes1

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

Disclosure

Mailtag Bases Valuation on Free Installs and Users, Not Revenue

“So valuation is based on a number of installs that we have and the number of users that we have right now. So that's our source of evaluation.”

Rishikesh Kale Oct 1, 2019 ▶ 9:26 1529 Will This Company Ever Scale Past $6k/mo?

Opinion

Kale Values Mailtag Between $1M and $2M Despite $4.5K MRR

“We value it between around let's say one to two million dollars.”

Rishikesh Kale Oct 1, 2019 ▶ 14:39 1529 Will This Company Ever Scale Past $6k/mo?

Assertion Not checkable as stated

Paid Ads Cannot Justify Mailtag's $7 Monthly Subscription Price

“We tried running a few digital ad campaigns like a Google AdWords or Facebook in the past, but that, that's been not much efficient, and it doesn't justify the seven dollar per month cost to acquire the user because the conversion to the different sort of an a…”

Rishikesh Kale Oct 1, 2019 ▶ 6:38 1529 Will This Company Ever Scale Past $6k/mo?

Assertion Not checkable as stated

Mailtag has eight team members split between India and Arizona

“Now we have a team of a eight people with us working on this product. Most of my team is split between Pune, India and Phoenix Arizona.”

Rishikesh Kale Oct 1, 2019 ▶ 2:37 1529 Will This Company Ever Scale Past $6k/mo?

Disclosure

Kale: Mailtag bootstrapped with $250K in founder capital

“We bootstrap it with a seed capital. We put our own capital around two 50 K”

Rishikesh Kale Oct 1, 2019 ▶ 4:59 1529 Will This Company Ever Scale Past $6k/mo?

Assertion Not checkable as stated

Kale: Mailtag has over 600 paying customers

“We have more than 600 paying customers”

Rishikesh Kale Oct 1, 2019 ▶ 5:00 1529 Will This Company Ever Scale Past $6k/mo?

Prediction Not checkable as stated

Kale: Mailtag will soon reach $100K in ARR

“We will be soon reaching our revenue annual recurring revenue of a hundred K.”

Rishikesh Kale Oct 1, 2019 ▶ 5:00 1529 Will This Company Ever Scale Past $6k/mo?

Assertion Not checkable as stated

Kale: Mailtag generates around $4,500 per month in revenue

“So we are doing around, right now, we are doing around 4500 per month.”

Rishikesh Kale Oct 1, 2019 ▶ 5:32 1529 Will This Company Ever Scale Past $6k/mo?

Assertion Not checkable as stated

Kale: Mailtag experiences roughly 1.5% monthly logo churn

“So churn is around 1.5% right now.”

Rishikesh Kale Oct 1, 2019 ▶ 7:18 1529 Will This Company Ever Scale Past $6k/mo?

Assertion Not checkable as stated

Kale: Mailtag reduced monthly revenue churn to around 2.7%

“Revenue churn was around three percent. We have we, we've been able to reduce it to around 2.7%.”

Rishikesh Kale Oct 1, 2019 ▶ 7:30 1529 Will This Company Ever Scale Past $6k/mo?

Disclosure

Mailtag Is Currently Raising a New Funding Round

“So right now we are in between raising of funds we, we've been raising the next round of funds, and then our plan is to build more functionality to the product.”

Rishikesh Kale Oct 1, 2019 ▶ 8:24 1529 Will This Company Ever Scale Past $6k/mo?

Appearances (1)

Episode	Date	Speaking time
1529 Will This Company Ever Scale Past $6k/mo?	Oct 1, 2019	8m

Rishikesh Kale

Appearances (1)

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