Disclosure certainty 4/5 debate potential 1/5

Adell: Doorman is aiming to raise a Series A on $1M-$5M annual revenue

Xander Adell · He is Killing That Annoying "We Missed You" Sticky Note the UPS Always Puts on Your Door, $3m Raised, 10 Teammates, EP 271: Zander Adell · Jun 9, 2016 · at 14:36

Zander Adell, co-founder and CEO of last-mile delivery startup Doorman, discusses the company's fundraising targets and revenue benchmarks.

0:00 / 0:16exact quote · 17.0s
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“The next round that we're trying to raise is Series A and a pretty standard amount of revenue that a Series A investor is looking for is, you know, in the one to five million revenue range per year.”

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Assertion Not checkable as stated
Adell: Retailers are more profitable than consumers who resist paying for delivery
“Working directly with retailers is a bit more profitable for us simply because the on the consumer side, consumers have already paid for shipping, and so you really have to give them as much of a bargain as possible.”
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Insight
Adell: Doorman uses a bring-your-own-device policy to scale without owning physical assets
“Because we are not trying to own our own fleets or, you know, own airplanes or own warehouses or any of this stuff. And because all of our drivers, you know, we have a kind of bring your own device policy. So all the software that we build is intended, you kno…”
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Assertion Supported
Adell: Doorman operates exclusively in SF, Chicago, and NYC with one warehouse
“Right now we're only in San Francisco, Chicago, and New York. In each market, we have one primary space.”
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Assertion Supported
Adell: Doorman has raised over $3 million in total funding
“We've raised a little over three million all in.”
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Assertion Not checkable as stated
Adell: Doorman sees 10% to 20% month-over-month user growth
“We're looking at, you know, 10 to 20% month over month growth.”
Xander Adell Jun 9, 2016 ▶ 9:09 He is Killing That Annoying "We Missed You" Sticky Note the UPS Always Puts on Your Door, $3m Raised, 10 Teammates, EP 271: Zander Adell
Assertion Not checkable as stated
Adell: Doorman has delivered over 100,000 packages
“We have, we've delivered over a 100,000 packages.”
Xander Adell Jun 9, 2016 ▶ 10:42 He is Killing That Annoying "We Missed You" Sticky Note the UPS Always Puts on Your Door, $3m Raised, 10 Teammates, EP 271: Zander Adell
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