Disclosure certainty 4/5 debate potential 1/5

Kaplan: Taivaco raised under $50K from its first investor

Michael Kaplan · EP 599: Taivaco Helps Brands FInd Old Offline Content to Digitize and Annotate With $50K Raised, CEO Michael Kaplan · Mar 15, 2017 · at 7:24

Taivaco CEO Michael Kaplan describes the company's first seed round of outside funding.

0:00 / 0:08exact quote · 8.6s
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“And then we just closed on our first, it's a very small amount. It's under 50 K with our first investor.”

quote is from the automated transcript, cleaned for reading: filler sounds and stutters are removed, nothing is rephrased. names can be misheard (the analysis reads context, assessments check outside sources). how →

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Assertion Not checkable as stated
Kaplan: US organizations hold 100M+ hours of analog media worth $20B+
“Between corporations and associations and government agencies, there is now over one hundred million hours of archived analog media. And by conservative estimates, that quantity of media has been valued at over twenty billion dollars.”
Michael Kaplan Mar 15, 2017 ▶ 4:24 EP 599: Taivaco Helps Brands FInd Old Offline Content to Digitize and Annotate With $50K Raised, CEO Michael Kaplan
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Michael Kaplan Mar 15, 2017 ▶ 11:13 EP 599: Taivaco Helps Brands FInd Old Offline Content to Digitize and Annotate With $50K Raised, CEO Michael Kaplan
Assertion Not publicly verifiable
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Michael Kaplan Mar 15, 2017 ▶ 12:33 EP 599: Taivaco Helps Brands FInd Old Offline Content to Digitize and Annotate With $50K Raised, CEO Michael Kaplan
Disclosure
Kaplan: Taivaco has generated under $10K in revenue to date
“We've done under 10 grand right now in revenue.”
Michael Kaplan Mar 15, 2017 ▶ 6:49 EP 599: Taivaco Helps Brands FInd Old Offline Content to Digitize and Annotate With $50K Raised, CEO Michael Kaplan
Disclosure
Michael Kaplan personally self-funded Taivaco with around $20,000
“I put in around 20 K of my own.”
Michael Kaplan Mar 15, 2017 ▶ 7:20 EP 599: Taivaco Helps Brands FInd Old Offline Content to Digitize and Annotate With $50K Raised, CEO Michael Kaplan
Disclosure
Taivaco plans to raise a $2 million funding round mid-2017
“But really long-term plan is to do another round probably mid 17 for around two million.”
Michael Kaplan Mar 15, 2017 ▶ 7:41 EP 599: Taivaco Helps Brands FInd Old Offline Content to Digitize and Annotate With $50K Raised, CEO Michael Kaplan
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