Prediction certainty 4/5 debate potential 2/5

Ganapathy: 120,000 customers will use Move Easy within six months

Venkatesh Ganapathy · 1605 How He Gets Movers, Trash Companies, Internet Providers To Pay Him Referral Fees on 13,000+ New Home Owners · Dec 16, 2019 · at 9:53

Move Easy founder Venkatesh Ganapathy outlines upcoming platform user growth to explain the path to cash flow break-even.

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“To give you an idea, we have access to about a 120,000 customers Who are going to be using this platform in the next six months.”

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 Venkatesh Ganapathy

Insight
Ganapathy: Homebuyers prioritize insurance and movers before internet and utilities
“When you move and you buy a house, you're not going to think of internet at that point of time. The first thing you're going to think about is, I need to set up my insurance, home insurance, for example. I need to think about moving companies. Then probably cl…”
Venkatesh Ganapathy Dec 16, 2019 ▶ 7:04 1605 How He Gets Movers, Trash Companies, Internet Providers To Pay Him Referral Fees on 13,000+ New Home Owners
Prediction Not checkable as stated
Ganapathy: Move Easy will reach cash flow break-even within six months
“Combined with what we are burning today after having grown to our team size, we'll still be able to cash flow break even in this next six months.”
Venkatesh Ganapathy Dec 16, 2019 ▶ 9:37 1605 How He Gets Movers, Trash Companies, Internet Providers To Pay Him Referral Fees on 13,000+ New Home Owners
Assertion Not checkable as stated
Ganapathy: Move Easy generates $450 to $500 per monetized move
“So we have processed about 13,000 moves. That, that's how many people have actually been or have gone through the system in terms of using different services. A person Who actually uses some of our monetized services. That's essentially a percentage of the ove…”
Venkatesh Ganapathy Dec 16, 2019 ▶ 12:19 1605 How He Gets Movers, Trash Companies, Internet Providers To Pay Him Referral Fees on 13,000+ New Home Owners
Disclosure
Move Easy monetizes via successful service activations, not simple referrals
“The only difference is that we don't, it's not a referral, but it's actually success based. So once someone activates a service, that's when we get paid.”
Venkatesh Ganapathy Dec 16, 2019 ▶ 4:18 1605 How He Gets Movers, Trash Companies, Internet Providers To Pay Him Referral Fees on 13,000+ New Home Owners
Assertion Not checkable as stated
Ganapathy: Move Easy handled over 12,000 to 13,000 moves in past year
“About, I would say, slightly over 12, 13,000 right now.”
Venkatesh Ganapathy Dec 16, 2019 ▶ 5:35 1605 How He Gets Movers, Trash Companies, Internet Providers To Pay Him Referral Fees on 13,000+ New Home Owners
Assertion Not checkable as stated
Ganapathy: Move Easy grew from 30 to 22,000 real estate agents
“So we I think in 2016, we had about, end of 2016, we had about 30 real estate agents on our platform. Today we are up to about 22,000 and we are, as and when we roll them out, those numbers just keep increasing pretty rapidly.”
Venkatesh Ganapathy Dec 16, 2019 ▶ 5:45 1605 How He Gets Movers, Trash Companies, Internet Providers To Pay Him Referral Fees on 13,000+ New Home Owners
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