Disclosure certainty 4/5 debate potential 1/5

Whiplash generated $330K in gross revenue in October 2015

James Marks · How To Build an 8 Figure Business Fast with James Marks of WhipLash · Jan 23, 2016 · at 2:27

Whiplash co-founder and CEO James Marks discusses the fulfillment company's monthly revenue metrics with host Nathan Latka.

0:00 / 0:02exact quote · 2.4s
720p mp4 · rendered on demand · StarZero watermark
“October was around 330 K gross.”

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 →

More from James Marks

Disclosure
Whiplash counted subsidized carrier pass-through costs as top-line revenue
“And so we did want it to flow through our accounts and we did consider it revenue, even at times when we were subsidizing it.”
James Marks Jul 3, 2020 ▶ 12:40 Why Whiplash Exited With $1.3m Raised, 16% Margin Profile in Order Fullfillment SPace
Assertion Not checkable as stated
Whiplash operated on a lean 16 percent gross margin
“I mean, really, you know, we can get it down to about a 16% gross margin, and then we're paying salaries out of that.”
James Marks Jul 3, 2020 ▶ 12:08 Why Whiplash Exited With $1.3m Raised, 16% Margin Profile in Order Fullfillment SPace
Insight
The 'billion-dollar-or-bust' VC path is unfair to startup employees
“You know, we want to be able to grow at, you know, two or three X per year and have that and have investors that want to be a part of that and not put us on this, you know, billion dollar valuation or bust path. It's important for us to have the company secure…”
James Marks Jan 23, 2016 ▶ 7:36 How To Build an 8 Figure Business Fast with James Marks of WhipLash
Insight
Marks: Low-volume e-commerce customers are often the hardest to support
“There's an inversion where the less volume you have, the harder customer you are. There, there's something about I don't want to get too diminutive about it, but there's something where small customers are sometimes small for a reason. And it's because they're…”
James Marks Jul 3, 2020 ▶ 8:32 Why Whiplash Exited With $1.3m Raised, 16% Margin Profile in Order Fullfillment SPace
Assertion Supported
Port Logistics Group acquired Whiplash in April 2020
“In April we were acquired by Port Logistics Group.”
James Marks Jul 3, 2020 ▶ 15:18 Why Whiplash Exited With $1.3m Raised, 16% Margin Profile in Order Fullfillment SPace
Disclosure
Whiplash abandoned profitability to increase burn rate after joining 500 Startups
“Right now, we've just gone to cashflow negative, so we just joined 500 startups, and we're beginning a process of, you know, higher, higher burn. yeah, we were profitable before, but we just stopped that.”
James Marks Jan 23, 2016 ▶ 5:01 How To Build an 8 Figure Business Fast with James Marks of WhipLash
Made with StarZero

Turn any episode into a week of clips.

This entire site, over 2,600 episodes transcribed, diarized, checked and made playable, runs on the StarZero media pipeline. Drop in your own episode and the podcast clipper finds the moments worth sharing, cuts them, captions them, and reframes them for every feed.