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Valentin Radu

Founder & CEO, Omniconvert · 1 appearance on the record.

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founderexecutiveauthor@ValentinRadu ↗LinkedIn ↗valentinradu.com ↗

Valentin Radu is a Romanian serial entrepreneur who founded Omniconvert, a SaaS platform focused on conversion rate optimization, customer research, and customer lifetime value growth. He pioneered the Customer Value Optimization framework and authored the book The CLV Revolution.

12statements → 10claims → 1claims resolved → 3.75/5average certainty → 1.5/5average 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 · 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 Valentin 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
Radu: Worldwide website conversion rate is between 1% and 3%
“The conversion rate is around one, two, or three percent worldwide.”
Valentin Radu May 13, 2019 ▶ 2:34 1388 Does he really have $95k in MRR? You decide.

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 Valentin Radu on measured tape to publish a rate. This says nothing about how they speak.

Everything Valentin Radu 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
Radu: OmniConvert generates around $95K in monthly revenue
“We are sitting at around 90 five K per month.”
Valentin Radu May 13, 2019 ▶ 7:45 1388 Does he really have $95k in MRR? You decide.
Assertion Not checkable as stated
Radu: OmniConvert enterprise contracts average around $50K annually
“The annual contract is around 50 K per, per year.”
Valentin Radu May 13, 2019 ▶ 10:18 1388 Does he really have $95k in MRR? You decide.
Assertion Not checkable as stated
Radu: OmniConvert software-only enterprise tier costs roughly $20K per year
“Those 50,000 can go down to something like 20 K. Okay. We are not getting customers which are not having enough traffic. So based on the traffic that they are having, they are, they would be paying us something like 20 K for the software.”
Valentin Radu May 13, 2019 ▶ 12:18 1388 Does he really have $95k in MRR? You decide.
Assertion Not checkable as stated
Radu: OmniConvert monthly revenue churn is 2% for enterprise, 6% for low-tier
“Our revenue churn is around two percent for them. While for the other ones, it's around six percent”
Valentin Radu May 13, 2019 ▶ 13:12 1388 Does he really have $95k in MRR? You decide.
Disclosure
Radu: OmniConvert pivots from custom enterprise consulting to machine learning
“We've decided that the old model of doing extra work for large companies or selling a manual product for the midsize or small companies is not working anymore. And that's why we are now focused on, on a machine learning product.”
Valentin Radu May 13, 2019 ▶ 15:10 1388 Does he really have $95k in MRR? You decide.
Assertion Not checkable as stated
Radu: Omniconvert customers past three months retain for 3-4 years
“After they break the three months barrier, they can, they are staying with us for three or four years.”
Valentin Radu May 13, 2019 ▶ 5:13 1388 Does he really have $95k in MRR? You decide.
Assertion Not checkable as stated
OmniConvert is cash flow positive
“Yeah, we are.”
Valentin Radu May 13, 2019 ▶ 15:54 1388 Does he really have $95k in MRR? You decide.
Assertion Supported
Radu: Worldwide website conversion rate is between 1% and 3%
“The conversion rate is around one, two, or three percent worldwide.”
Valentin Radu May 13, 2019 ▶ 2:34 1388 Does he really have $95k in MRR? You decide.
Assertion Not checkable as stated
Radu: Omniconvert customers pay an average of €600 per year
“On average, a customer is paying us around 600 euro per year, so that's the lifetime, the annual revenue that we're getting from a customer, taking into account the companies which are not into conversion rate optimization”
Valentin Radu May 13, 2019 ▶ 5:13 1388 Does he really have $95k in MRR? You decide.
Assertion Not checkable as stated
Radu: Omniconvert currently has around 250 customers
“We have around 250.”
Valentin Radu May 13, 2019 ▶ 6:59 1388 Does he really have $95k in MRR? You decide.
Assertion Not checkable as stated
Radu: OmniConvert generated approximately $70,000 per month in prior year
“Last year we've been at something like 70 K.”
Valentin Radu May 13, 2019 ▶ 12:39 1388 Does he really have $95k in MRR? You decide.
Disclosure
OmniConvert raised $1.1 million in 2016
“We've raised capital in 2016.”
Valentin Radu May 13, 2019 ▶ 15:43 1388 Does he really have $95k in MRR? You decide.

Appearances (1)

EpisodeDateSpeaking time
1388 Does he really have $95k in MRR? You decide. May 13, 2019 8m
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