Jari Bolander is co-founder and COO of Lab Sensor Solutions, discussing the company's pricing model for cold-chain monitoring.
0:00 / 0:07exact quote · 7.6s
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“Each sensor that we place to monitor is,
25 dollars per month per sensor.
and that includes the full platform.”
quote is from the automated transcript, cleaned for reading:
filler sounds and stutters are removed, nothing is rephrased. names can be misheard
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More from Jari Bolander
AssertionNot checkable as stated
Lab Sensor Solutions operates with gross margins above 85 percent
“Above 85%.”
Jari BolanderJan 19, 2016▶ 4:58Stress Free Way to Launch Startup In Red Tape Industries with Jarie Bolander of Lab Sensor Solutions
PredictionNot checkable as stated
Bolander expects seven customer trials to convert into 1,700 deployed sensors
“So, the, those trials that I talked with you about, those are roughly gonna be, when they convert, about 1700 sensors, roughly, you know, give or take.”
Jari BolanderJan 19, 2016▶ 9:32Stress Free Way to Launch Startup In Red Tape Industries with Jarie Bolander of Lab Sensor Solutions
Disclosure
Lab Sensor Solutions split equity equally among its five co-founders
“Well, for us, we split it all equally.”
Jari BolanderJan 19, 2016▶ 3:08Stress Free Way to Launch Startup In Red Tape Industries with Jarie Bolander of Lab Sensor Solutions
Disclosure
Lab Sensor Solutions founders vest equity over four years without a cliff
“For founders, no, there wasn't. For normal, you know, normal options, there is a cliff.”
Jari BolanderJan 19, 2016▶ 4:10Stress Free Way to Launch Startup In Red Tape Industries with Jarie Bolander of Lab Sensor Solutions
Disclosure
Lab Sensor Solutions has 3 paying customers and 7 lab trials
“We've got, you know, three labs that are our customers right now.
we've got seven more, what are called in trials.”
Jari BolanderJan 19, 2016▶ 7:51Stress Free Way to Launch Startup In Red Tape Industries with Jarie Bolander of Lab Sensor Solutions
Disclosure
Lab Sensor Solutions has 125 sensors deployed across 3 customers
“So, yeah, so right now those three customers have a 125 sensors deployed.”
Jari BolanderJan 19, 2016▶ 9:17Stress Free Way to Launch Startup In Red Tape Industries with Jarie Bolander of Lab Sensor Solutions
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