Opinion
Asian Startups Face Stricter Business Model Bars for Institutional Capital
“Business models have to be thought through far more before we are able to have access to institutional capital.”
Opinion
Content Is the Single Driver for Consumer VR Hardware Adoption
“Because the one thing that's going to make you buy a VR headset over any other computing device out there is perhaps the content and similarly for AR as well.”
Prediction Not checkable as stated
Scapic Projects Hitting $1M in Monthly Revenue by Late 2019
“A million a month, I think, would be towards end 2019. At this point, we are slated towards trying to achieve that.”
Insight
Traditional Enterprises Buy AR/VR for Financial Returns, Not the Technology
“And very quickly, we realized that the part of VR and AR resonates with the technology world, but right outside to some of the industries that we operate in, what perhaps makes more sense is the math and not the technology in itself, and the value can be deriv…”
Insight
Venture Debt Only Makes Sense When Core Business Variables Are Solved
“I think deck makes a ton of sense if you have more than a few variables that have already been answered to. And you only require growth capital in order to just fuel the rocket and drive it forward.”
Assertion Not checkable as stated
Scapic Serves 40 Enterprise Clients Including Airbus, Viacom, and Sony
“So today we serve more than 40 customers across brands and large enterprises. These include customers such as Airbus, Viacom, Sony and the likes of which.”
Assertion Not checkable as stated
Scapic Charges 40 Enterprise Clients $200 per Seat for 20-30 Members
“The 40 customers that I just described to you are enterprise customers who pay close to 200 per person per in the team. And these teams are typically about 20 to 30 members strong. Which means that the revenues that we generate are significantly towards the si…”
Disclosure
Scapic Raised $500,000 in Total Seed Funding
“We did a seed round of half a million dollars close towards the end of last month, last year, but exactly to be precise.”
Disclosure
Scapic Aims to Close an Institutional Series A by January 2020
“We're in it. We're sort of doing an institutional series Aries, and looking to looking to perhaps go between the months of Jan and then northwards from there to try closing that out.”
Insight
Krishna: Good Leaders Are Often Boring and Rely on Predictable Routines
“Some of these things generally require a layer of perseverance, and good leaders are often boring. What do I mean by that? That is Or a path to predictability on how your days go, how organized you are, and necessarily what makes you ritualistically good about…”
Assertion Not checkable as stated
Scapic Reaches 100,000 Consumer Users on Its AR Platform
“So once we've tried it out is from a consumer side, we're close to a 100,000 users at this point.”
Disclosure
Scapic Saw Unexpectedly Heavy 3D Content Creation for Social Media
“The one thing that we didn't quite anticipate is the amount that the tool would be used specifically for ensuring that content pieces in social media networks, particularly across Facebook, Instagram, Messenger, are going to be ones that are three D based, thr…”
