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Shin Sakane

Co-CEO, TRADOM Inc. · 1 appearance on the record.

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founderexecutiveengineer@shinsakane ↗tradom.jp ↗

Shin Sakane is the founder and former CEO of Seven Dreamers Laboratories, a deep-tech startup that raised roughly $100 million to build the "Laundroid" laundry-folding robot before going bankrupt in 2019. He currently serves as Co-CEO of TRADOM Inc., a Tokyo-based fintech firm providing foreign exchange risk management solutions.

10statements → 8claims → 1claims resolved → 4.1/5average certainty → 1.3/5average debate potential → 6said about them ↓

0 supported 1 partly supported 0 contradicted 7 not checkable as stated how the 8 claims stand · each chip opens the sources

8 assertions · 2 disclosures · every statement was checked. The predictions and assertions are the 8 claims: statements the public record can support or contradict. 1 is 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.

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

Disclosure
Initial limited-edition Laundroid robot will cost over $15,000
“Initially, our product is very, very limited version. We don't produce many, and we want to make it, this is really the world's first, you know, special version, so this is going to be really, really expensive, and the pricing is about 15,000 dollars plus, so …”
Shin Sakane Mar 31, 2017 ▶ 12:31 EP 615: $75M Raised, This $15K Machine Folds Your Laundry, $35M 2016 Revenue with Seven Dreamers CEO Shin Sakane
Disclosure
Seven Dreamers' three product lines share zero operational synergies
“No, actually there's no synergies between three businesses. It's completely different supply chain different technologies.”
Shin Sakane Mar 31, 2017 ▶ 13:39 EP 615: $75M Raised, This $15K Machine Folds Your Laundry, $35M 2016 Revenue with Seven Dreamers CEO Shin Sakane
Assertion Not checkable as stated
Seven Dreamers generates over $1M monthly from medical airway stents
“Currently the, you know, biggest moneymaker is nasal airway stand, which is very soft too. Too for sleep apnea and snoring. That, that's the really expanding business. So that sales is over one million dollars. Per month, yes.”
Shin Sakane Mar 31, 2017 ▶ 16:08 EP 615: $75M Raised, This $15K Machine Folds Your Laundry, $35M 2016 Revenue with Seven Dreamers CEO Shin Sakane
Assertion Partly supported
Seven Dreamers has raised over $75 million to date
“Oh yeah, we already raised over seventy five million dollars so far.”
Shin Sakane Mar 31, 2017 ▶ 4:18 EP 615: $75M Raised, This $15K Machine Folds Your Laundry, $35M 2016 Revenue with Seven Dreamers CEO Shin Sakane
Assertion Not checkable as stated
Nasal stent sales surpass golf shafts despite 170% shaft growth
“Initially it was a golf shaft and then golf shaft business is growing like 170% every year. But currently nascent nasal airway stand sales is so much more than golf shaft right now.”
Shin Sakane Mar 31, 2017 ▶ 5:05 EP 615: $75M Raised, This $15K Machine Folds Your Laundry, $35M 2016 Revenue with Seven Dreamers CEO Shin Sakane
Assertion Not checkable as stated
Seven Dreamers sells over 400 custom golf shafts per month
“Right now, monthly we sell over 400 shafts per month.”
Shin Sakane Mar 31, 2017 ▶ 6:22 EP 615: $75M Raised, This $15K Machine Folds Your Laundry, $35M 2016 Revenue with Seven Dreamers CEO Shin Sakane
Assertion Not checkable as stated
Seven Dreamers generated approximately $35M consolidated revenue in 2016
“Oh, 2016 our, like, you know, Japan fiscal year is a little bit different from the US, but our sales consolidated. Sales is about 30 five million dollars.”
Shin Sakane Mar 31, 2017 ▶ 9:45 EP 615: $75M Raised, This $15K Machine Folds Your Laundry, $35M 2016 Revenue with Seven Dreamers CEO Shin Sakane
Assertion Not checkable as stated
Seven Dreamers spent over $15M developing the Laundroid robot
“So far we've spent over fifteen million dollars purely for the product development.”
Shin Sakane Mar 31, 2017 ▶ 11:13 EP 615: $75M Raised, This $15K Machine Folds Your Laundry, $35M 2016 Revenue with Seven Dreamers CEO Shin Sakane
Assertion Not checkable as stated
Seven Dreamers has sold fewer than ten $120,000 golf shafts
“Still single. Single digit. Less than 10.”
Shin Sakane Mar 31, 2017 ▶ 19:06 EP 615: $75M Raised, This $15K Machine Folds Your Laundry, $35M 2016 Revenue with Seven Dreamers CEO Shin Sakane
Assertion Not checkable as stated
Seven Dreamers has sold around 100 $15,000 space model golf shafts
“Ah, yeah, I think, well, around a hundred, I think.”
Shin Sakane Mar 31, 2017 ▶ 19:56 EP 615: $75M Raised, This $15K Machine Folds Your Laundry, $35M 2016 Revenue with Seven Dreamers CEO Shin Sakane

The other half of the tape: Shin Sakane's own voice is left out of every number here. Other people bring the name up 6 times in 2 episodes on Top Founders. every mention, with the transcript →

Who brings them up most Nathan Latka 6

Every mention by year

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0031622017episodesmentions
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2017 6 mentions in 2 episodes 3 per episode

Appearances (1)

EpisodeDateSpeaking time
EP 615: $75M Raised, This $15K Machine Folds Your Laundry, $35M 2016 Revenue with Seven Dr Mar 31, 2017 10m
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