Vinay Patankar

CEO and Co-Founder, Process Street · 1 appearance on the record.

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founderexecutivehostauthor@vinayp10 ↗LinkedIn ↗abstract-living.com ↗

Vinay Patankar is the co-founder and CEO of Process Street, a no-code workflow and compliance platform. He also co-hosted the Business Systems Explored podcast and writes on startup operations.

11statements → 5claims → 3claims resolved → 67%fully supported → 3.82/5average certainty → 1.09/5average debate potential →

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

5 assertions · 6 disclosures · every statement was checked. The predictions and assertions are the 5 claims: statements the public record can support or contradict. 3 are resolved, and 2 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 Vinay 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

Patankar: Enterprise workflow market is $13.5B, led by SharePoint

“You need to basically take that market, which is like a giant 13.5 billion dollar market share points, the biggest product in that market.”

Vinay Patankar Jun 30, 2017 ▶ 6:11 706: This 31 Year Old Raised $1.3M To Help You Be More Efficient

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 Vinay Patankar on measured tape to publish a rate. This says nothing about how they speak.

What they said11 Episodes1

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

Disclosure

Patankar: Process Street prioritizing conversion infrastructure before top-of-funnel marketing spend

“So we're kind of, we're investing deeper in the funnel versus investing at the top of the funnel because until our whole sales infrastructure is, is really strong, we don't want to continue pouring money in, in, in, in the top of the funnel.”

Vinay Patankar Jun 30, 2017 ▶ 9:32 706: This 31 Year Old Raised $1.3M To Help You Be More Efficient

Disclosure

Patankar: Process Street targets 2018 Series A at $1.5M-$2.5M ARR

“So we want to raise an a round say kind of Q on Q two next year. And the typical range for that is, you know, 1.5 to 2.5 ARR. Kind of for a rounds at the moment. So that's kind of the range of our target.”

Vinay Patankar Jun 30, 2017 ▶ 13:04 706: This 31 Year Old Raised $1.3M To Help You Be More Efficient

Assertion Partly supported

Patankar: AngelPad invested $55K for 6% equity in Process Street

“I believe angel pad has changed it many times over their cohorts, but when we did, it was like, Six for 55. So six percent for 55 K. Yep.”

Vinay Patankar Jun 30, 2017 ▶ 4:52 706: This 31 Year Old Raised $1.3M To Help You Be More Efficient

Assertion Supported

Patankar: Enterprise workflow market is $13.5B, led by SharePoint

“You need to basically take that market, which is like a giant 13.5 billion dollar market share points, the biggest product in that market.”

Vinay Patankar Jun 30, 2017 ▶ 6:11 706: This 31 Year Old Raised $1.3M To Help You Be More Efficient

Disclosure

Patankar: Blog hits 200,000 monthly visits on flat marketing spend

“So now our blog probably gets around 200,000 visits a month. You know, and that's grown Kind of doubled each year and the spend is pretty much being the same throughout that whole time.”

Vinay Patankar Jun 30, 2017 ▶ 7:51 706: This 31 Year Old Raised $1.3M To Help You Be More Efficient

Disclosure

Patankar: Process Street acquires customers for ~$150 via SEO

“It's about a 150 dollars right now.”

Vinay Patankar Jun 30, 2017 ▶ 8:35 706: This 31 Year Old Raised $1.3M To Help You Be More Efficient

Disclosure

Patankar: Process Street average contract is $2,000 with a $150 minimum

“That's our average, average deal size, but our minimum is, is a one seat user, which is a 150 bucks.”

Vinay Patankar Jun 30, 2017 ▶ 8:52 706: This 31 Year Old Raised $1.3M To Help You Be More Efficient

Assertion Not checkable as stated

Patankar: Expansion revenue is 20% to 30% of Process Street's monthly new revenue

“For us, it's about, depending on the month, it's between 20 and 30%.”

Vinay Patankar Jun 30, 2017 ▶ 10:35 706: This 31 Year Old Raised $1.3M To Help You Be More Efficient

Assertion Not checkable as stated

Patankar: Process Street has between 500 and 1,000 paying customer accounts

“We're between 500 and a thousand.”

Vinay Patankar Jun 30, 2017 ▶ 12:29 706: This 31 Year Old Raised $1.3M To Help You Be More Efficient

Assertion Supported

Patankar: Process Street charges $15 per user monthly

“You can see our pricing on the website, which is currently 15 dollars user a month.”

Vinay Patankar Jun 30, 2017 ▶ 3:08 706: This 31 Year Old Raised $1.3M To Help You Be More Efficient

Disclosure

Patankar: Process Street offers two-year contracts for upfront cash

“We even do two year contracts as well on some of the bigger deals just to get that cash up front.”

Vinay Patankar Jun 30, 2017 ▶ 3:47 706: This 31 Year Old Raised $1.3M To Help You Be More Efficient

Appearances (1)

Episode	Date	Speaking time
706: This 31 Year Old Raised $1.3M To Help You Be More Efficient	Jun 30, 2017	7m

Vinay Patankar

The record, in short

Their most notable supported claim

How they sound: not measured why? →

Appearances (1)

Turn any episode into a week of clips.