Taj Adhav

Founder, Leasecake · 1 appearance on the record.

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founderexecutiveoperatorLinkedIn ↗leasecake.com ↗

Taj Adhav founded Leasecake, a location and lease-management platform for commercial tenants, franchisors, and brokers. He previously worked as a CPA, worked on development projects for Disney, and led business development at Channel Intelligence prior to its acquisition by Google.

13statements → 10claims → 1claims resolved → 3.92/5average certainty → 1.23/5average debate potential →

1 supported 0 partly supported 0 contradicted 9 not checkable as stated how the 10 claims stand · each chip opens the sources

10 assertions · 1 insight · 2 disclosures · every statement was checked. The predictions and assertions are the 10 claims: statements the public record can support or contradict. 1 is resolved, and 9 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 Taj 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

Adhav: Leasecake Raised an Oversubscribed $3.2M Seed Round in 2021

“Three million. It was oversubscribed. 3.2, I think it was.”

Taj Adhav Oct 28, 2021 ▶ 6:55 Leasecake Helps Companies Manage Leases, Breaks $1m in ARR

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 Taj Adhav on measured tape to publish a rate. This says nothing about how they speak.

What they said13 Episodes1

Everything Taj Adhav 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

Adhav: Leasecake Reached Zero Gross Customer and Revenue Churn

“Correct. Right. No customer churn, no revenue churn.”

Taj Adhav Oct 28, 2021 ▶ 15:53 Leasecake Helps Companies Manage Leases, Breaks $1m in ARR

Insight

Adhav: Real Estate Software Underserves Tenants by Focusing on Landlords

“There's tools like property management, facility management. Those are traditionally geared for landlords. Location management is a new domain”

Taj Adhav Oct 28, 2021 ▶ 3:38 Leasecake Helps Companies Manage Leases, Breaks $1m in ARR

Assertion Not checkable as stated

Adhav: Leasecake Deal Sizes Grew Unpredictably During the COVID-19 Pandemic

“As our deal size has gotten larger, we've seen explosive growth through COVID, which was frankly surprises the investor community, but it doesn't surprise us.”

Taj Adhav Oct 28, 2021 ▶ 5:07 Leasecake Helps Companies Manage Leases, Breaks $1m in ARR

Assertion Supported

Adhav: Leasecake Raised an Oversubscribed $3.2M Seed Round in 2021

“Three million. It was oversubscribed. 3.2, I think it was.”

Taj Adhav Oct 28, 2021 ▶ 6:55 Leasecake Helps Companies Manage Leases, Breaks $1m in ARR

Assertion Not checkable as stated

Adhav: Leasecake Manages 10,000 Locations Across 250 Total Customers

“About 250 customers represents maybe about a thousand different users in our system. And you know, 10,000 plus locations across the U.S. And other geos.”

Taj Adhav Oct 28, 2021 ▶ 7:45 Leasecake Helps Companies Manage Leases, Breaks $1m in ARR

Assertion Not checkable as stated

Adhav: Leasecake Reached a 127% Net Revenue Retention Rate

“We have seen a pretty strong adoption was strong enough to have a 127% net revenue retention.”

Taj Adhav Oct 28, 2021 ▶ 8:10 Leasecake Helps Companies Manage Leases, Breaks $1m in ARR

Assertion Not checkable as stated

Adhav: Leasecake Tracks Toward $1M in Annual Recurring Revenue

“We're basically at a million in ARR. We're tracking to be a million in ARR.”

Taj Adhav Oct 28, 2021 ▶ 10:09 Leasecake Helps Companies Manage Leases, Breaks $1m in ARR

Assertion Not checkable as stated

Adhav: Leasecake Seed Round Reached a $12.2M Post-Money Valuation

“It was a, see, let's see, it was a 12 post. So it's 12.2 right now.”

Taj Adhav Oct 28, 2021 ▶ 11:08 Leasecake Helps Companies Manage Leases, Breaks $1m in ARR

Disclosure

Adhav: Leasecake Planned to Raise a Series A in Mid-2022

“Series a is definitely in the plans for you know, mid 20, 22.”

Taj Adhav Oct 28, 2021 ▶ 14:07 Leasecake Helps Companies Manage Leases, Breaks $1m in ARR

Assertion Not checkable as stated

Adhav: Leasecake Asserts an Average Contract Value of $10,000

“10 grand a year. That's it. That's the ACV.”

Taj Adhav Oct 28, 2021 ▶ 5:35 Leasecake Helps Companies Manage Leases, Breaks $1m in ARR

Assertion Not checkable as stated

Adhav: Leasecake Sales Cycles Span Two Days to Two Months

“We typically have a fast sales cycle of anywhere between two days to two Two months, I'd say on average.”

Taj Adhav Oct 28, 2021 ▶ 10:28 Leasecake Helps Companies Manage Leases, Breaks $1m in ARR

Assertion Not checkable as stated

Adhav: Leasecake Generated $10,000 in Monthly Revenue One Year Prior

“Yeah, we were at probably let's say 20, 15 grand, I'd say. No, actually even less. 10, 10 grand.”

Taj Adhav Oct 28, 2021 ▶ 10:45 Leasecake Helps Companies Manage Leases, Breaks $1m in ARR

Disclosure

Adhav: Leasecake Sold Over 30% Equity to Early-Stage Investors

“A little bit more than that.”

Taj Adhav Oct 28, 2021 ▶ 13:47 Leasecake Helps Companies Manage Leases, Breaks $1m in ARR

Appearances (1)

Episode	Date	Speaking time
Leasecake Helps Companies Manage Leases, Breaks $1m in ARR	Oct 28, 2021	10m

Taj Adhav

The record, in short

Their most notable supported claim

How they sound: not measured why? →

Appearances (1)

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