Vaibhav Domkundwar

Founder and Managing Partner, Better Capital · 1 appearance on the record.

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investorfounderexecutive@vaibhavbetter ↗LinkedIn ↗vaibhavdomkundwar.com ↗

He manages Better Capital, an early-stage venture firm investing at the pre-seed and seed stages in Indian startups. Prior to investing, he co-founded telecom software firm Roamware and bootstrapped the product studio Better Labs.

13statements → 8claims → 1claims resolved → 4/5average certainty → 1.15/5average debate potential →

1 supported 0 partly supported 0 contradicted 2 not yet assessed 5 not checkable as stated how the 8 claims stand · each chip opens the sources

8 assertions · 5 disclosures · every statement was checked. The predictions and assertions are the 8 claims: statements the public record can support or contradict. 1 is resolved, 2 are not yet assessed, and 5 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 Vaibhav 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

All Better Labs startup entities are incorporated in California

“We are all U.S. Companies. All these companies are U.S. Companies. Yeah, yeah. California.”

Vaibhav Domkundwar Mar 21, 2020 ▶ 16:02 1701 How He Turned 50k Free Users into $12k in MRR

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 Vaibhav Domkundwar on measured tape to publish a rate. This says nothing about how they speak.

What they said13 Episodes1

Everything Vaibhav Domkundwar 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

PicBackMan claims operating profitability only by excluding R&D costs

“There's a lot of product development R and D costs that, that if we take away on a month to month basis, we are profitable now.”

Vaibhav Domkundwar Mar 21, 2020 ▶ 10:52 1701 How He Turned 50k Free Users into $12k in MRR

Assertion Not checkable as stated

PicBackMan suffers from brutal double-digit monthly customer churn

“You know, I don't know the exact number, but we are in double digits, so we're very high.”

Vaibhav Domkundwar Mar 21, 2020 ▶ 13:13 1701 How He Turned 50k Free Users into $12k in MRR

Assertion Not publicly verifiable

Better Capital was AngelList India's top syndicate in 2018

“And last year in 2018, we were the number one Angelist India syndicate.”

Vaibhav Domkundwar Mar 21, 2020 ▶ 3:19 1701 How He Turned 50k Free Users into $12k in MRR

Disclosure

Better Capital deployed up to $3M across 16 deals in 2018

“So, you know, I can give you the exact numbers, but we did 16 deals, and we were somewhere in the let's say about two million to three million dollars largely in Indian companies, so it's a significant amount.”

Vaibhav Domkundwar Mar 21, 2020 ▶ 3:26 1701 How He Turned 50k Free Users into $12k in MRR

Assertion Not checkable as stated

PicBackMan converted 50k free users to hit $12k in MRR

“So we have about 50,000 plus users in 130 countries, and we have paid users that are a fraction of that. We hit about 12,000 dollars in revenue last month.”

Vaibhav Domkundwar Mar 21, 2020 ▶ 5:55 1701 How He Turned 50k Free Users into $12k in MRR

Assertion Not checkable as stated

PicBackMan hit $12k MRR with zero marketing spend

“Everything that we've done so far is zero marketing spend.”

Vaibhav Domkundwar Mar 21, 2020 ▶ 8:42 1701 How He Turned 50k Free Users into $12k in MRR

Disclosure

Domkundwar personally invested up to $1M into PicBackMan to reach $12k MRR

“The total that we've invested over the last two and a half years would be probably about 750 K to a million.”

Vaibhav Domkundwar Mar 21, 2020 ▶ 10:35 1701 How He Turned 50k Free Users into $12k in MRR

Disclosure

PicBackMan is 100% self-funded with no outside capital

“No, this is all my own.”

Vaibhav Domkundwar Mar 21, 2020 ▶ 10:45 1701 How He Turned 50k Free Users into $12k in MRR

Disclosure

PicBackMan charges $6.95 monthly or $69 annually

“We have a freemium version, so people download the version and use it for free for some time and upgrade. We charge them a monthly six 95 or annual 69 dollars, or we have a lifetime plan that we're going for a little bit right now for one time.”

Vaibhav Domkundwar Mar 21, 2020 ▶ 1:46 1701 How He Turned 50k Free Users into $12k in MRR

Disclosure

Better Labs focuses on just four in-house product companies

“We're not building multiple ideas at a time. We actually have about four product companies that we are going deep in.”

Vaibhav Domkundwar Mar 21, 2020 ▶ 4:42 1701 How He Turned 50k Free Users into $12k in MRR

Assertion Not checkable as stated

PicBackMan sees more annual subscriptions than monthly plans

“We are seeing more annual subscriptions than monthly subscriptions now.”

Vaibhav Domkundwar Mar 21, 2020 ▶ 12:44 1701 How He Turned 50k Free Users into $12k in MRR

Assertion Not publicly verifiable

PicBackMan's five-person team wrote thousands of SEO articles in two years

“So that's all within our five person team. And we've been writing for a long time. So this is not, you know, the thousands have been written over the last two years, essentially.”

Vaibhav Domkundwar Mar 21, 2020 ▶ 14:31 1701 How He Turned 50k Free Users into $12k in MRR

Assertion Supported

All Better Labs startup entities are incorporated in California

“We are all U.S. Companies. All these companies are U.S. Companies. Yeah, yeah. California.”

Vaibhav Domkundwar Mar 21, 2020 ▶ 16:02 1701 How He Turned 50k Free Users into $12k in MRR

Appearances (1)

Episode	Date	Speaking time
1701 How He Turned 50k Free Users into $12k in MRR	Mar 21, 2020	10m

Vaibhav Domkundwar

The record, in short

Their most notable supported claim

How they sound: not measured why? →

Appearances (1)

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