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Stephen Stuut

Executive Chairman, LiveAction · 1 appearance on the record.

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

executiveoperator

Stephen Stuut served as CEO of identity verification provider Jumio from 2015 to 2019 before becoming CEO and Executive Chairman of network intelligence firm LiveAction. Earlier in his career, he served as CEO of TruePosition and Broadband Innovations, and managed telecommunications consulting practices at McKinsey & Company.

13statements → 9claims → 2claims resolved → 3.38/5average certainty → 1.15/5average debate potential →

2 supported 0 partly supported 0 contradicted 1 not yet assessed 6 not checkable as stated how the 9 claims stand · each chip opens the sources

1 prediction · 8 assertions · 1 insight · 3 disclosures · every statement was checked. The prediction and assertions are the 9 claims: statements the public record can support or contradict. 2 are resolved, 1 is not yet assessed, 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 Stephen 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

Prediction Held up
Stuut Predicts Jumio Will Reach 30 Million Verifications in 2017
“My guess is closer to 30. I haven't got a forward forecast, but things are exploding.”
Stephen Stuut Jul 26, 2017 ▶ 10:05 732: Why AirBnB Is Using Jumio Along With Many Other Unicorns

Expressed certainty vs assessment result

none yet certainty 1
100% certainty 2
none yet certainty 3
100% certainty 4
none yet certainty 5

weighted support: a fully supported claim counts one, a partly supported claim counts half. Each filled bar is clickable and opens exactly those claims; "none yet" means nothing said at that certainty level has resolved yet

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 Stephen Stuut on measured tape to publish a rate. This says nothing about how they speak.

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

Insight
Computer Vision Alone Cannot Verify Poorly Lit User ID Photos
“So I know a lot about optics, and a computer vision system can do a lot, but it really has a lot of trouble if the image isn't perfect, and let's face it, if I said you can take a picture wherever, people take crappy pictures at Starbucks in bad lighting with …”
Stephen Stuut Jul 26, 2017 ▶ 11:40 732: Why AirBnB Is Using Jumio Along With Many Other Unicorns
Assertion Not checkable as stated
Stuut Claims Jumio is Up to 10x Larger Than Next Competitor
“And I, as far as I can tell, we're probably anywhere from four to 10 times the size of the next biggest guy growing faster than them.”
Stephen Stuut Jul 26, 2017 ▶ 14:57 732: Why AirBnB Is Using Jumio Along With Many Other Unicorns
Disclosure
Jumio Minimum Contract is $30,000 With Multi-Million Dollar Accounts
“I'd say the minimum is probably on the order of 30,000 dollars. That would just be a let's get you started kind of purchase, but we have many multi-million dollar customers and a whole range in between.”
Stephen Stuut Jul 26, 2017 ▶ 5:59 732: Why AirBnB Is Using Jumio Along With Many Other Unicorns
Assertion Not checkable as stated
Jumio Has Up To 400 Customers Across 40 Countries
“We have anywhere from 350 to 400 customers right now, and they're in 40 countries for zero.”
Stephen Stuut Jul 26, 2017 ▶ 6:09 732: Why AirBnB Is Using Jumio Along With Many Other Unicorns
Assertion Not checkable as stated
Jumio Revenue Increased 47% Year-Over-Year in Prior Quarter
“I think last quarter was a 47% revenue increase over the same quarter of the previous year.”
Stephen Stuut Jul 26, 2017 ▶ 8:11 732: Why AirBnB Is Using Jumio Along With Many Other Unicorns
Assertion Not checkable as stated
Jumio Passed 150,000 Identity Verifications in a Single Day
“I think yesterday we broke through a 150,000 identity verifications in a single day.”
Stephen Stuut Jul 26, 2017 ▶ 8:20 732: Why AirBnB Is Using Jumio Along With Many Other Unicorns
Assertion Open · timeframe Jul 2017
Jumio Processed 26 Million Identity Verifications in 2016
“Twenty six million.”
Stephen Stuut Jul 26, 2017 ▶ 9:59 732: Why AirBnB Is Using Jumio Along With Many Other Unicorns
Prediction Held up
Stuut Predicts Jumio Will Reach 30 Million Verifications in 2017
“My guess is closer to 30. I haven't got a forward forecast, but things are exploding.”
Stephen Stuut Jul 26, 2017 ▶ 10:05 732: Why AirBnB Is Using Jumio Along With Many Other Unicorns
Assertion Not checkable as stated
Jumio Scaled Its India Team From 500 to 1,000 Employees
“The team size was probably around 90, 95 in the west, and is now about a 110, 115 in the west, and about 500 in India, and now a thousand in India.”
Stephen Stuut Jul 26, 2017 ▶ 10:32 732: Why AirBnB Is Using Jumio Along With Many Other Unicorns
Assertion Not checkable as stated
Jumio Counts Airbnb and Several Top Unicorns as Customers
“It happens to be that we are known, for instance, in Silicon Valley, if you are, we have three or four of the top unicorns or customers of ours, which I can name Airbnb because everybody knows about that one, but we're very involved with a lot of those kinds o…”
Stephen Stuut Jul 26, 2017 ▶ 13:33 732: Why AirBnB Is Using Jumio Along With Many Other Unicorns
Disclosure
Jumio Bills Customers for One Year of Transactions Upfront
“Typically people pay one year's worth of transactions in advance. And then they just burn off their inventory, and then if they need to buy more, we do another agreement, or we have different mechanisms. So it is pay as you go, but you pay in advance, in a sen…”
Stephen Stuut Jul 26, 2017 ▶ 5:21 732: Why AirBnB Is Using Jumio Along With Many Other Unicorns
Assertion Supported
Centana Growth Partners is Jumio's Largest Investor
“The actual largest investor at this point is Santana Growth Partners, who are a private equity firm based in New York and Menlo Park, and then Millennium came in after that.”
Stephen Stuut Jul 26, 2017 ▶ 9:24 732: Why AirBnB Is Using Jumio Along With Many Other Unicorns
Disclosure
Jumio Employs Roughly 25 Direct Sales Representatives
“My guess is there's probably 20, 25.”
Stephen Stuut Jul 26, 2017 ▶ 12:42 732: Why AirBnB Is Using Jumio Along With Many Other Unicorns

Appearances (1)

EpisodeDateSpeaking time
732: Why AirBnB Is Using Jumio Along With Many Other Unicorns Jul 26, 2017 10m
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